The Good Jobs Agenda: Pacific Community Ventures 2019 Social Impact Report — Pacific Community Ventures

  • 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
  • 29% 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.)
  • 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
  • $33.6 billion in investment capital evaluated across asset classes
  • Over $886 Million deployed or managed using our customized Impact Measurement and Management frameworks
  • 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

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