OFN member Pacific Community Ventures (PCV), a 22-year-old impact investor focused on job-creating small business, has been working hard to stay available to small and minority-owned businesses throughout the COVID-19 crisis, and in bringing together companies and organizations invested in the success and resilience of small businesses across the United States. They have partnered with Kaiser Permanente to build the Small Business Support Circle, which launched on Labor Day—the six-month anniversary of the start of the COVID-fueled economic crisis—to show their increased support for those still struggling to stay in business and thrive again.
The growing list of companies and organizations who have joined to help launch the Small Business Support Circle is led by Kaiser Permanente. It includes ICIC, eBay, DoorDash, Union Bank, EBALDC, Wells Fargo, Bank of America, and Comcast NBC Universal. PCV is also excited to partner with Black-led organizations like 1863 Ventures, Wisdom Fund, HOPE Credit Union, LISC, Appalachian Community Capital, the Western Regional Minority Supplier Diversity Council, and others to bring this pro bono service to Black and small business owners of color throughout their work nationwide.
Members of the PCV Small Business Support Circle are getting millions of dollars of free advice into the hands of job-creating small business owners by leveraging and scaling the unique BusinessAdvising.org pro bono advising platform to provide small businesses the support they need to survive and thrive, empowering workers, and the communities they serve nationwide.
“We are grateful to these organizations for showing up in this time of crisis for Black and entrepreneurs of color who have been the most disproportionately left out of the federal support packages, and already face historical discrimination and systemic challenges,“ said Bulbul Gupta, president and CEO of PCV. “We look forward to growing the support circle month by month with additional supporters, and partners who are helping us serve their communities nationwide.”
Read the full announcement.