By Bulbul Gupta, President & CEO; and Casey Bell, Chief Impact Officer One year ago, Pacific Community Ventures launched its Good Jobs Innovation Lab at the Clinton Global Initiative. We embarked on an ambitious Five Pillar Research Agenda exploring the intersection of restorative capital and business advising for low-income and entrepreneurs of color – with an eye toward driving wealth-building journeys for underestimated people and places, one good job at a time. Reflecting on the past year, we are humbled and exhilarated by the journey our team, and community partners have embarked on t ..read more

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Welcome to our 2022 Impact Report! We are filled with immense pride as we share our impact throughout the year and celebrate PCV’s 25th Anniversary in 2023. This report holds a special place as it reflects the evolution of our brand under our new strategy launched last year, to more authentically embody the voices and lived experiences of the communities we serve. In our role as one of the U.S.’s first impact investing organizations, we remain steadfast in our commitment to helping small businesses, particularly those led by entrepreneurs of color. Today, these entrepreneurs continue to face a ..read more

Authors: Bud Colligan, Co-Founder, PCV, & Bulbul Gupta, President & CEO, PCV The story of Pacific Community Ventures began with a question in 1998 at the height of the dot.com boom: how can an entrepreneurial haven like Silicon Valley provide monetary and people resources to low income communities to create a more inclusive economy? A unique capital + advising integrated approach was incubated on University Avenue in Palo Alto to answer this question: what would it take to not only provide affordable capital to entrepreneurs in, and from, lower income communities, but to build around t ..read more

By: Charles Fisher-Post, Associate Director, Good Jobs Innovation Lab Pacific Community Ventures (PCV) is thrilled to announce the launch of our very first Good Jobs Entrepreneurs Fellowship! The program is designed to bring together a cohort of 14 outstanding PCV clients who have demonstrated a commitment to providing their employees with high-quality jobs towards racial and gender wealth building outcomes. Over the course of the 12-week fellowship, PCV and small business entrepreneurs will co-create collateral to guide other small business owners on good job creation. Through facilitated dis ..read more

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Pacific Community Ventures (PCV) is working with JPMorgan Chase, The Rockefeller Foundation, Local Initiatives Support Corporation (LISC), and several Community Development Financial Institutions (CDFIs) in an initiative to expand the Entrepreneurs of Color Fund (EOCF) program in Oakland.  The $2.5 million commitment over two years will support diverse-led small businesses and provide them with opportunities for growth. Through the EOCF Oakland, PCV and its partners will provide investments and loans to small and mid-sized businesses, as well as technical assistance and advice on various ..read more

By Casey Bell, Sarah Su-Wen Anderson, and Sachi Shenoy November 2022 Pacific Community Ventures (PCV) is one of the U.S.’s first impact investing organizations, and a community development financial institution (CDFI) with a mission to eradicate the market failures that create barriers for small business entrepreneurs that perpetuate the racial and gender wealth gap in America. PCV provides restorative loans and culturally-competent business advising to its small business clients, and in 2022 launched its Good Jobs Innovation Lab, which leverages data infrastructure and analytics to surface be ..read more

25-member committee will advise Secretary, Deputy Secretary on efforts to advance racial equity  WASHINGTON – Pacific Community Ventures’ CEO, Bulbul Gupta, has been appointed to serve as a member of the inaugural Department of Treasury Advisory Committee on Racial Equity, announced today by U.S. Secretary of the Treasury Janet L. Yellen, at an event marking the anniversary of the Freedman’s Bank where Vice President Kamala Harris spoke. Bulbul brings over two decades of experience advancing racial justice in the CDFI, impact investing, and policy space, centering Black, Brown, Asian Amer ..read more

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