Category: Press Releases

PeopleFund Chosen To Join Starbucks Community Resilience Fund

PeopleFund is excited to announce that we have been selected to receive funding as part of Starbucks Community Resilience Fund.  The funding awarded to PeopleFund will support small business growth projects in Black, Indigenous, and People of Color (BIPOC) communities.  Starbucks has given PeopleFund access to a $3 million, 10-year credit to…

PeopleFund is excited to announce that we have been selected to receive funding as part of Starbucks Community Resilience Fund.  The funding awarded to PeopleFund will support small business growth projects in Black, Indigenous, and People of Color (BIPOC) communities.  Starbucks has given PeopleFund access to a $3 million, 10-year credit to…

PeopleFund receives Financial Assistance Award from U.S. Department of Treasury

PeopleFund is thrilled to announce that it has been selected as a 2021 CDFI Financial Assistance awardee by the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI). This generous $676,000 award will allow the organization to further expand its lending and education services in underserved communities across Texas. Over…

PeopleFund is thrilled to announce that it has been selected as a 2021 CDFI Financial Assistance awardee by the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI). This generous $676,000 award will allow the organization to further expand its lending and education services in underserved communities across Texas. Over…

PeopleFund Expanding to East Texas with Grant from T.L.L. Temple Foundation

PeopleFund, one of two CDFIs, was selected to receive a generous grant from T.L.L. Temple Foundation to expand its services and resources to East Texas. PeopleFund is actively committed to empowering economically underserved and rural populations across Texas. Having recently received an award from the U.S. Economic Development Administration to provide loans…

PeopleFund, one of two CDFIs, was selected to receive a generous grant from T.L.L. Temple Foundation to expand its services and resources to East Texas. PeopleFund is actively committed to empowering economically underserved and rural populations across Texas. Having recently received an award from the U.S. Economic Development Administration to provide loans…

BIPOC Small Business Accelerator

PeopleFund proudly announces launching our Black, Indigenous, and People of Color (BIPOC) Small Business Accelerator. Our new signature initiative strategically aims to meet diverse community needs that have been compounded by the COVID-19 pandemic, which has disproportionately impacted small businesses and people of color. We are thrilled to launch our first cohorts…

PeopleFund proudly announces launching our Black, Indigenous, and People of Color (BIPOC) Small Business Accelerator. Our new signature initiative strategically aims to meet diverse community needs that have been compounded by the COVID-19 pandemic, which has disproportionately impacted small businesses and people of color. We are thrilled to launch our first cohorts…

National and Local Community Lenders Announce Multi-Million Dollar Fund to Support Small Business and Nonprofit Recovery Across the South

The Southern Opportunity and Resilience (SOAR) Fund aims to support the recovery of small businesses and nonprofits with access to flexible, affordable capital and free business support services across 15 southern states  March 3, 2021 – A diverse group of community finance organizations, including PeopleFund, announced the Southern Opportunity and Resilience (SOAR)…

The Southern Opportunity and Resilience (SOAR) Fund aims to support the recovery of small businesses and nonprofits with access to flexible, affordable capital and free business support services across 15 southern states  March 3, 2021 – A diverse group of community finance organizations, including PeopleFund, announced the Southern Opportunity and Resilience (SOAR)…

PeopleFund Helps Over 130 Small Businesses Thanks to Grant from Truist

For immediate release on October 26, 2020. PeopleFund, with a generous grant from Truist Financial Corporation, provided grants to businesses with less than 10 employees. Participants who received grants had credit or cash flow problems that prevented them from getting financial assistance through other avenues. The grant is part of the financial…

For immediate release on October 26, 2020. PeopleFund, with a generous grant from Truist Financial Corporation, provided grants to businesses with less than 10 employees. Participants who received grants had credit or cash flow problems that prevented them from getting financial assistance through other avenues. The grant is part of the financial…

OFN Announces PeopleFund Receives Grow With Google Small Business Fund Loan and Google.org Grant to Help Small Businesses Recover From COVID-19

Opportunity Finance Network has awarded PeopleFund a $1,500,000 loan and a $125,000 unrestricted grant to help support the CDFI’s minority and women-owned business borrowers Today, Opportunity Finance Network (OFN) announced that PeopleFund was one of four CDFIs in the first round of Grow with Google Small Business Fund loans and grants from…

Opportunity Finance Network has awarded PeopleFund a $1,500,000 loan and a $125,000 unrestricted grant to help support the CDFI’s minority and women-owned business borrowers Today, Opportunity Finance Network (OFN) announced that PeopleFund was one of four CDFIs in the first round of Grow with Google Small Business Fund loans and grants from…

PeopleFund & City of Victoria Launch Small Business Relief Program

Small business relief program to begin accepting applications For immediate release on May 13, 2020 Starting Monday, May 18th, Victoria small business owners will be able to apply for $845,000 in COVID-19 relief loans after the Victoria City Council approved an agreement Tuesday with PeopleFund to create the Business Resiliency Microloan Program….

Small business relief program to begin accepting applications For immediate release on May 13, 2020 Starting Monday, May 18th, Victoria small business owners will be able to apply for $845,000 in COVID-19 relief loans after the Victoria City Council approved an agreement Tuesday with PeopleFund to create the Business Resiliency Microloan Program….

Regions Foundation Announces Grant for PeopleFund to Help Small Businesses Affected by COVID-19

By Kim Borges April 24, 2020 PeopleFund is providing valuable resources to businesses across the Lone Star State. BIRMINGHAM, Ala. – April 24, 2020  – The Regions Foundation, a nonprofit initiative of Regions Bank that supports community investments, on Friday announced a $100,000 grant for PeopleFund, a Community Development Financial Institution (CDFI)…

By Kim Borges April 24, 2020 PeopleFund is providing valuable resources to businesses across the Lone Star State. BIRMINGHAM, Ala. – April 24, 2020  – The Regions Foundation, a nonprofit initiative of Regions Bank that supports community investments, on Friday announced a $100,000 grant for PeopleFund, a Community Development Financial Institution (CDFI)…

City of Fort Worth and PeopleFund Launch New Microloan Program Supporting Local Businesses

The City of Fort Worth is teaming up with PeopleFund to launch the Business Resiliency Microloan Program, which is prepared to provide at least $850,000 to eligible businesses in Fort Worth who are being impacted by the COVID-19 crisis. These loans may be used to pay fixed debts, payroll or accounts payable,…

The City of Fort Worth is teaming up with PeopleFund to launch the Business Resiliency Microloan Program, which is prepared to provide at least $850,000 to eligible businesses in Fort Worth who are being impacted by the COVID-19 crisis. These loans may be used to pay fixed debts, payroll or accounts payable,…