Please find a list of our current relief programs:
City of Austin:
- A Night For Austin: In response to the impact of the COVID-19 crisis and in support of the musicians that make Austin the live music capital of the world, PeopleFund is offering financial assistance in the form of zero interest loans to local musicians. This program plans to help at least 50 artists in the music industry and it is possible thanks to Austin Community Foundation and a generous grant from A Night For Austin and its hosts, Paul Simon, Edie Brickell, Willie and Annie Nelson and Luck Reunion. Please click here to learn more.
- Relief for Restaurants in Austin: With a generous gift from the Still Water Foundation in support of PeopleFund’s COVID19 Relief Fund, we launched a program to support restaurants in the Austin area during the current crisis. Participants in this relief fund receive financial assistance in the form of loans from $5,000 to $150,000 with interest rates of 5% or less and the first 6 months of payments totally forgiven. Restaurants with more than one location may apply for larger amounts. Please click here if you are a restaurant looking to apply for a loan under the Still Water Foundation program.
- Stand with Austin: A generous grant from the Stand with Austin Fund through Austin Community Foundation is making it possible for PeopleFund to provide financial and technical assistance to businesses seriously impacted by the cancellation of South by Southwest. Participants in this program receive loans from $5,000 to $150,000 with concessionary interest rates and the first 6 months of payments totally forgiven. This program aims to help arts, music & creative (including technical), service & bar and hospitality businesses but it is also open to other kind of businesses that can demonstrate a direct negative impact by the cancellation of SXSW. Existing PeopleFund clients are welcome to apply. Please click here to apply for this program.
City of Pleasanton:
PeopleFund and the City of Pleasanton are teaming up to provide financial assistance to small businesses in Pleasanton that have been negatively impacted by COVID-19. Click here to learn more. Please click hereto apply for a loan with the Pleasanton Relief Fund.
City of Victoria:
We’ve partnered with the City of Victoria, Texas – Government and created the Business Resiliency Microloan Program, a microloan program that helps Victoria businesses who have been impacted by COVID19. Click here to learn more. Please click here to apply for the Small Business Relief Program with the City of Victoria.
Southern Opportunity And Resilience (SOAR) Fund:
We’re excited to be an originating lender for the Southern Opportunity And Resilience (SOAR) Fund, which provides flexible, affordable capital and free business support services to small businesses and nonprofits across the South and Southeast to help them navigate and rebuild from the Covid-19 economic crisis. To learn more and apply, visit: www.TheSoarFund.org.
BIPOC Business Accelerator:
PeopleFund is launching access to a capital-oriented cohort for BIPOC-owned businesses in underserved areas around Texas. The goal of this program is to accelerate early-stage entrepreneurs with capital, education, and ongoing technical assistance in order to support healthy small business growth in communities that need it most. Participants that successfully complete the training will have access to a Microloan or larger (dependent on approval and a grant for 10% of the loan amount. Click here to learn more.