Workforce Ventures
Workforce Ventures (WV) is a community development financial institution focused on enhancing workforce development in key occupations and sectors, particularly for low-income and underrepresented populations. The organization emphasizes training for careers that provide family-sustaining wages and offers comprehensive support, including funding, wrap-around services, mentoring, career readiness, and job placement assistance.
WV employs income share agreements (ISAs) to financially support participants, aiming to elevate job quality for workers and promote inclusive hiring practices among affiliated companies. These ISAs, developed in partnership with the San Diego Workforce Partnership and JFI, feature a pay-it-forward mechanism that enables individuals who secure well-paying jobs to contribute towards the support of future trainees and students.
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