Category: Press Releases

May 232022

PeopleFund Announces New Chief Financial Officer

in Press Releases

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…

CONTINUE READING

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…

CONTINUE READING
Mar 102022

BIPOC Small Business Accelerator Announcement: Houston and Fort Worth

in Announcements,In the News,Press Releases,Small Business

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…

CONTINUE READING

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…

CONTINUE READING
Jan 272022

The Veteran Collaborative Announces the Creation of the Veteran Loan Fund

in Announcements,In the News,Press,Press Releases,Small Business

PeopleFund is honored to be one of twelve Community Development Financial Institutions announcing the creation of the Veteran Loan Fund, with Bank of America as the lead capital investor. The Veteran Loan Fund aims to fill the financial and training gap that underserved military veterans face when building a small business. This…

CONTINUE READING

PeopleFund is honored to be one of twelve Community Development Financial Institutions announcing the creation of the Veteran Loan Fund, with Bank of America as the lead capital investor. The Veteran Loan Fund aims to fill the financial and training gap that underserved military veterans face when building a small business. This…

CONTINUE READING
Jan 132022

PeopleFund Chosen To Join Starbucks Community Resilience Fund

in Accomplishments & Awards,Announcements,Press,Press Releases,Small Business

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…

CONTINUE READING

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…

CONTINUE READING
Dec 212021

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

in Accomplishments & Awards,Announcements,Press Releases,Small Business

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…

CONTINUE READING

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…

CONTINUE READING
Nov 192021

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

in Announcements,In the News,Press Releases

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…

CONTINUE READING

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…

CONTINUE READING
Oct 72021

BIPOC Small Business Accelerator

in Press Releases,Small Business

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…

CONTINUE READING

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…

CONTINUE READING
Mar 32021

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

in Announcements,Press Releases,Small Business Resources

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)…

CONTINUE READING

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)…

CONTINUE READING
Oct 262020

PeopleFund Helps Over 130 Small Businesses Thanks to Grant from Truist

in Accomplishments & Awards,Announcements,Press Releases

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…

CONTINUE READING

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…

CONTINUE READING
Jun 172020

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

in Accomplishments & Awards,Announcements,Press Releases

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…

CONTINUE READING

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…

CONTINUE READING