Pacific Community Ventures

Pacific Community Ventures envisions a world of thriving communities where everyone has a fair shake. Our mission is to invest in small businesses, create good jobs for working people, and make markets work for social good. We achieve our mission through a “Good Jobs, Good Business” model that combines affordable loans with pro-bono advising, tools and incentives to create quality jobs, our national BusinessAdvising.org mentoring platform, and social impact evaluation and field building research. Pacific Community Ventures is a 501c3 nonprofit social enterprise and community development financial institution (CDFI). 

Our Impact In 2019: Investing in Small Business

• 770 businesses across 50 states received access to capital and mentorship
• 68% of supported companies grew their revenues
• 12% year-over-year median revenue growth at supported companies
• 11% job growth at our companies surpassing national and state rates (1.2%)
• 4,192 jobs created and retained at the businesses we served
• PCV business advisors volunteered 9,774 hours – that’s $1,466,067 worth of free advice and coaching (according to the industry standard of $195 average hourly value of pro bono service.)

Our Impact In 2019: Investing in Good Jobs

• Average wages at supported small businesses were $22/hour (full-time) and $18/hour (part-time)
• $145,768,836 in wages paid to working people
• 52% of full-time workers at supported businesses are eligible for health benefits, 33% are eligible for retirement benefits, and 65% have paid time off
• 61% of businesses provide workers with schedules at least two weeks in advance

Our Impact In 2019: Investing in Communities

• $33.6 billion in investment capital evaluated across asset classes
• Over $886 Million deployed or managed using our customized Impact Measurement and Management frameworks

Our Impact In 2019: Investing in Racial and Social Equity

• 80% of the businesses we funded were located in, or hiring from, low-income communities
• 80% of the small business owners we work with are women or people of color
  • 59% are women
  • 56% are people of color
• 76% of workers at supported businesses are people of color