Category: Press Releases

The fund approaches $120 million deployed nationwide as it launches second cohort   Austin, Texas, September 30, 2026 – PeopleFund, the Texas member of the Veteran Loan Fund (VLF), joins its national partners in celebrating the graduation of the first cohort of the Veteran and MilSpouse Business Accelerator (VLF Accelerator). Made possible…

Michelle Powell to Continue Building on Strong Momentum   Austin, Texas, July 7, 2026 — PeopleFund today announced that Michelle Powell has assumed the role of Chief Financial Officer, succeeding Anthony Hedger. An established member of PeopleFund’s leadership team, Powell worked closely with Hedger as financial Controller, strengthening the organization’s finance function…

Major initiative supported by Truist Foundation    Austin, Texas | April 7, 2026 – The Veteran Loan Fund (VLF), a national effort of Community Development Financial Institutions (CDFIs) advancing economic opportunity for military-connected entrepreneurs, today announced the launch of the Veteran & Military Spouse Business Accelerator, created to expand access to capital, training, and business support for…

Results outperform original plan, supporting 1,200+ Jobs   Austin, Texas | December 26, 2025 — PeopleFund, a Texas nonprofit small-business lender, announced historic results highlighting its growing economic contribution in East Texas and across the state. PeopleFund’s statewide direct impact has surpassed $1.4 billion, supporting more than 6,000 businesses and helping create…

The initiative expands access to capital, training, and targeted support for underserved entrepreneurs. Austin, TX – October 29, 2025 – PeopleFund proudly joined Cornerstone CDC, Forest Forward, St. Philip’s School & Community Center, and various other community organizations that came together to revitalize the Forest District in South Dallas. This group will…

The program’s third iteration expands training and capital access countywide.   Austin, TX – August 5, 2025 – Travis County’s new small business support program is designed to provide comprehensive training, coaching, and increased access to capital. This initiative aims to respond to negative economic impacts of the COVID-19 pandemic and its…