BIPOC-owned small businesses play a crucial role in creating jobs, providing essential services, driving ownership in communities and generating economic growth, yet still face significant challenges accessing capital. CDFIs play a critical role in closing this funding gap. Pacific Community Ventures’ model for deploying restorative capital provides additional support to clients through pre- and post-engagement support – with an ultimate goal of supporting entrepreneurs of color in creating good jobs that facilitate wealth building for themselves and their workers..  Upon observing positi ..read more

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Author: Kenneth Kitahata, Manager of Data & Analytics Pacific Community Ventures (PCV) is a 501(c)(3) nonprofit impact investor and community development financial institution (CDFI). In 2022, our integrated “loan + advice” model deployed $9M in loans and helped 2000+ BIPOC, women, and other underestimated small business owners create good jobs with dignity, address racial and gender wealth gaps, and build community wealth. This year PCV is excited to launch the Good Jobs Innovation Lab, a new internal research and policy function aimed at designing and testing new products and services th ..read more

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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Author: Casey Bell, PCV Chief Impact Officer Pacific Community Ventures (PCV) envisions a world where every entrepreneur and worker has the freedom and capacity to build intergenerational wealth through a good job. We believe that Community Development Financial Institutions (CDFIs) overcome barriers to wealth building in historically underestimated communities by deploying restorative capital. We seek to create conditions to address the market failures that perpetuate the racial wealth gap so that all entrepreneurs have the same opportunities. That is why, as PCVs first Chief Impact Officer ..read more

Author: Casey Bell, PCV Chief Impact Officer Pacific Community Ventures (PCV) envisions a world where every entrepreneur and worker has the freedom and capacity to build intergenerational wealth through a good job. We believe that Community Development Financial Institutions (CDFIs) overcome barriers to wealth building in historically underestimated communities by deploying restorative capital. We seek to create conditions to address the market failures that perpetuate the racial wealth gap so that all entrepreneurs have the same opportunities. That is why, as PCVs first Chief Impact Officer ..read more

Today, Pacific Community Ventures (PCV), one of the first impact investing organizations in the US, announced at the Clinton Global Initiative (CGI) their commitment to launch the Good Jobs Innovation Lab, to help improve job quality for the 50% of Americans employed at small businesses across the country. Small business owners in Black, Indigenous, Latinx, and AAPI communities have historically been excluded from access to fair and affordable capital, and high quality mentorship networks, and the pandemic created even higher financial distress and lower employee retention. These challenges br ..read more