PeopleFund Blog

Truist and Truist Foundation announce $4.5 million in grants to strengthen Texas’ racially diverse small business ecosystem

Truist and Truist Foundation announce $4.5 million in grants to strengthen Texas’ racially diverse small business ecosystem   Houston, Dec. 1, 2022 ─ Truist Foundation today announced a $3.5 million grant to PeopleFund, a Texas-based Community Development Financial Institution (CDFI) and nonprofit 501(c)(3) that strives to create economic opportunity and financial stability…

Truist and Truist Foundation announce $4.5 million in grants to strengthen Texas’ racially diverse small business ecosystem   Houston, Dec. 1, 2022 ─ Truist Foundation today announced a $3.5 million grant to PeopleFund, a Texas-based Community Development Financial Institution (CDFI) and nonprofit 501(c)(3) that strives to create economic opportunity and financial stability…

Veteran Loan Fund announces its first-year results, plans for second round of funding

The fund supporting Veteran-Owned Small Businesses expands   AUSTIN, Texas – The Veteran Loan Fund announced that in its first year of operations, its members have deployed more than $15 million across the country, helping 231 businesses create or retain close to 1,200 jobs. 60% of the business owners receiving financial and…

The fund supporting Veteran-Owned Small Businesses expands   AUSTIN, Texas – The Veteran Loan Fund announced that in its first year of operations, its members have deployed more than $15 million across the country, helping 231 businesses create or retain close to 1,200 jobs. 60% of the business owners receiving financial and…

PeopleFund announces new Chief Information and Operations Officer

PeopleFund announces new Chief Information and Operations Officer Laura Alatorre Kvalheim, accomplished fintech executive, joins Texas’ small business lender   Austin, Texas – PeopleFund is pleased to announce Laura Alatorre Kvalheim as the organization’s new Chief Information and Operations Officer. A seasoned financial services and technology executive, Ms. Kvalheim’s career includes positions…

PeopleFund announces new Chief Information and Operations Officer Laura Alatorre Kvalheim, accomplished fintech executive, joins Texas’ small business lender   Austin, Texas – PeopleFund is pleased to announce Laura Alatorre Kvalheim as the organization’s new Chief Information and Operations Officer. A seasoned financial services and technology executive, Ms. Kvalheim’s career includes positions…

$15 million Veteran Loan Fund closes its first round with support from Wells Fargo

$15 million Veteran Loan Fund closes its first round with support from Wells Fargo  Unprecedented initiative in support of veteran entrepreneurs gains momentum   AUSTIN, TEXAS – The Veteran Loan Fund announced today that it has raised $15 million in support of veteran-owned business, including seed funding from Wells Fargo. The Veteran…

$15 million Veteran Loan Fund closes its first round with support from Wells Fargo  Unprecedented initiative in support of veteran entrepreneurs gains momentum   AUSTIN, TEXAS – The Veteran Loan Fund announced today that it has raised $15 million in support of veteran-owned business, including seed funding from Wells Fargo. The Veteran…

Client Spotlight: dozanü innovations

Changing Marketing for Diversity, Accessibility, and Inclusion How two deaf, LGBTQ women are shifting the landscape of marketing for marginalized communities. Think of the most recent advertisement that you have seen.  Could someone with a disability be able to understand it?  How about a non-English speaker?  While 26 percent of the US…

Changing Marketing for Diversity, Accessibility, and Inclusion How two deaf, LGBTQ women are shifting the landscape of marketing for marginalized communities. Think of the most recent advertisement that you have seen.  Could someone with a disability be able to understand it?  How about a non-English speaker?  While 26 percent of the US…

PeopleFund Announces New Chief Financial Officer

PeopleFund announces new Chief Financial Officer Anthony Hedger, a seasoned financial executive, joins Texas’ small business lender   Austin, Texas – PeopleFund is pleased to announce Anthony Hedger as the organization’s new Chief Financial Officer. A seasoned financial executive, Mr. Hedger worked for Rolls Royce maritime, Petronas, CFS Bank and Vodafone playing…

PeopleFund announces new Chief Financial Officer Anthony Hedger, a seasoned financial executive, joins Texas’ small business lender   Austin, Texas – PeopleFund is pleased to announce Anthony Hedger as the organization’s new Chief Financial Officer. A seasoned financial executive, Mr. Hedger worked for Rolls Royce maritime, Petronas, CFS Bank and Vodafone playing…

Client Spotlight: NOMTOMBOT, INC.

Picture this: It’s the middle of summer and the Texas heat is beating down on you while you are walking around the local flea market. Beads of sweat are dripping down your forehead, and the only thing keeping you cool is an ice-cold mangonada or a refreshing melon agua fresca. Memories just…

Picture this: It’s the middle of summer and the Texas heat is beating down on you while you are walking around the local flea market. Beads of sweat are dripping down your forehead, and the only thing keeping you cool is an ice-cold mangonada or a refreshing melon agua fresca. Memories just…

Women’s History Month Client Spotlight: Apirra Abstract and Title

Founded by Kenisha Natividad, Apirra Abstract & Title is a title company in Boerne, Texas, that aims to provide their clients with the amazing experience of achieving and witnessing the “American dream” of homeownership.   Kenisha decided to start Apirra Abstract & Title after closing on her own home and having a…

Founded by Kenisha Natividad, Apirra Abstract & Title is a title company in Boerne, Texas, that aims to provide their clients with the amazing experience of achieving and witnessing the “American dream” of homeownership.   Kenisha decided to start Apirra Abstract & Title after closing on her own home and having a…

BIPOC Small Business Accelerator Announcement: Houston and Fort Worth

PeopleFund is proud to announce that we deployed over $1.5M in loans and $120,000 in grants to 28 small businesses in Austin and Dallas during our inaugural cohorts. Applications open today for BIPOC Small Business Accelerator’s second set of cohorts in Fort Worth and Houston. This program will continue to provide small business owners with…

PeopleFund is proud to announce that we deployed over $1.5M in loans and $120,000 in grants to 28 small businesses in Austin and Dallas during our inaugural cohorts. Applications open today for BIPOC Small Business Accelerator’s second set of cohorts in Fort Worth and Houston. This program will continue to provide small business owners with…

Black History Month Client Spotlight: Shantell Jennings (Smell’em Candle Co.)

Shantell Jennings was born in Baltimore, Maryland. Although she noted that Atlanta was where she was raised, Shantell grew her love for art in her hometown’s historically Black community theater, Arena Players Incorporated. In her younger years, Shantell would spend her summers and holidays learning how to act, dance, sing, and write….

Shantell Jennings was born in Baltimore, Maryland. Although she noted that Atlanta was where she was raised, Shantell grew her love for art in her hometown’s historically Black community theater, Arena Players Incorporated. In her younger years, Shantell would spend her summers and holidays learning how to act, dance, sing, and write….