PeopleFund Blog

Press Releases

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Investing in Local Ideas and People

Austin Community Foundation announces a $200,000 investment that will provide capital to low-income or minority entrepreneurs through PeopleFund, a local nonprofit provider of small business loans. “PeopleFund is a trusted resource in our community, providing entrepreneurs access to low-cost capital that they may not otherwise be able to access,” says Mike Nellis,…

Austin Community Foundation announces a $200,000 investment that will provide capital to low-income or minority entrepreneurs through PeopleFund, a local nonprofit provider of small business loans. “PeopleFund is a trusted resource in our community, providing entrepreneurs access to low-cost capital that they may not otherwise be able to access,” says Mike Nellis,…

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PeopleFund’s Jesse Sanchez SBA Financial Services Champion of 2016

Rio Grande Valley Loan Officer Recognized for Mission-Driven Lending Achievements McAllen – On May 3rd, the U.S. Small Business Administration (SBA) District Director Angela Burton recognized PeopleFund Loan Officer Jesse Sanchez as the 2016 Area Financial Services Champion of the Year. Through partnerships with local financial institutions and the SBA, Jesse worked…

Rio Grande Valley Loan Officer Recognized for Mission-Driven Lending Achievements McAllen – On May 3rd, the U.S. Small Business Administration (SBA) District Director Angela Burton recognized PeopleFund Loan Officer Jesse Sanchez as the 2016 Area Financial Services Champion of the Year. Through partnerships with local financial institutions and the SBA, Jesse worked…

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PeopleFund Selected as C4T Recipient through Texas Department of Agriculture

For Immediate Release: May 5, 2016 CAPITAL FOR TEXAS LOAN PROGRAM LAUNCHES, AIMS TO EXPAND OPPORTUNITIES FOR RURAL SMALL BUSINESSES IN TEXAS Lenders announced as part of today’s small business forum AUSTIN – The Texas Department of Agriculture (TDA) today announced a partnership between three Community Development Financial Institutions (CDFI) — PeopleFund, LiftFund, and…

For Immediate Release: May 5, 2016 CAPITAL FOR TEXAS LOAN PROGRAM LAUNCHES, AIMS TO EXPAND OPPORTUNITIES FOR RURAL SMALL BUSINESSES IN TEXAS Lenders announced as part of today’s small business forum AUSTIN – The Texas Department of Agriculture (TDA) today announced a partnership between three Community Development Financial Institutions (CDFI) — PeopleFund, LiftFund, and…

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PeopleFund & Generations Federal Credit Union Announce Partnership

San Antonio based credit union provides innovative investment in economic development nonprofit Austin – On March 4th, Generations Federal Credit Union (GFCU) announced a financial investment in PeopleFund, a nonprofit community development financial institution. The investment is a five year term loan with a low fixed interest rate. PeopleFund will use the…

San Antonio based credit union provides innovative investment in economic development nonprofit Austin – On March 4th, Generations Federal Credit Union (GFCU) announced a financial investment in PeopleFund, a nonprofit community development financial institution. The investment is a five year term loan with a low fixed interest rate. PeopleFund will use the…

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PeopleFund & Easter Seals of Central Texas Announce Partnership

PeopleFund & Easter Seals of Central Texas Announce Partnership Two local Nonprofits Combine Efforts to Create Opportunity for Disabled Entrepreneurs Austin – On March 2nd, Easter Seals Central Texas and PeopleFund announced a partnership to provide business education and access to capital for entrepreneurs or small business owners with disabilities. Together, the…

PeopleFund & Easter Seals of Central Texas Announce Partnership Two local Nonprofits Combine Efforts to Create Opportunity for Disabled Entrepreneurs Austin – On March 2nd, Easter Seals Central Texas and PeopleFund announced a partnership to provide business education and access to capital for entrepreneurs or small business owners with disabilities. Together, the…

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Austin Community Foundation Education Endowment Fund Supports PeopleFund

PeopleFund is proud to announce that we were recently awarded a grant of $7,000 by the Austin Community Foundation. Funds will be used in support of our ongoing efforts to elevate women entrepreneurs throughout Central Texas, including our mentorship, technical assistance, financial literacy, business education, networking, and access to capital programs. “We…

PeopleFund is proud to announce that we were recently awarded a grant of $7,000 by the Austin Community Foundation. Funds will be used in support of our ongoing efforts to elevate women entrepreneurs throughout Central Texas, including our mentorship, technical assistance, financial literacy, business education, networking, and access to capital programs. “We…

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PeopleFund Announces Merger with Southern Dallas Development Corporation

  PeopleFund & Southern Dallas Development Corporation to Merge Merger of Nonprofits to Benefit Small Businesses Dallas – On Dec. 8, PeopleFund and Southern Dallas Development Corporation (SDDC) agreed to a statutory merger of the two organizations. Both are non-profit Community Development Financial Institutions (CDFI’s) dedicated to support underserved small business with…

  PeopleFund & Southern Dallas Development Corporation to Merge Merger of Nonprofits to Benefit Small Businesses Dallas – On Dec. 8, PeopleFund and Southern Dallas Development Corporation (SDDC) agreed to a statutory merger of the two organizations. Both are non-profit Community Development Financial Institutions (CDFI’s) dedicated to support underserved small business with…

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PeopleFund Receives $75,000 SBA PRIME Award for Technical Assistance

Thirty-nine community-based organizations across the United States that provide assistance to disadvantaged entrepreneurs are set to receive $5 million in grants from the U.S. Small Business Administration’s (SBA) Program for Investment in Micro-Entrepreneurs (PRIME).  These organizations help low-income entrepreneurs gain access to capital to establish and expand their small businesses. “By training…

Thirty-nine community-based organizations across the United States that provide assistance to disadvantaged entrepreneurs are set to receive $5 million in grants from the U.S. Small Business Administration’s (SBA) Program for Investment in Micro-Entrepreneurs (PRIME).  These organizations help low-income entrepreneurs gain access to capital to establish and expand their small businesses. “By training…

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Do you want $50,000 for your small business?

The Dallas Entrepreneur Center (“The DEC”) and Comerica Bank announced the launch of the second annual North Texas business pitch contest. This year’s contest is focused exclusively on women and minority-owned business entrants. Comerica Bank will again be the presenting sponsor, providing the full prize amount of $50,000 for the winning business…

The Dallas Entrepreneur Center (“The DEC”) and Comerica Bank announced the launch of the second annual North Texas business pitch contest. This year’s contest is focused exclusively on women and minority-owned business entrants. Comerica Bank will again be the presenting sponsor, providing the full prize amount of $50,000 for the winning business…

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Press Release: Gail Warrior to be Featured Speaker of PeopleTalk Entrepreneur Education Series

Warrior Elements CEO, philanthropist, to headline Aug. 5 PeopleFund event geared toward local entrepreneurs DALLAS, Texas – July 24, 2015– Giving back to the community has long been a tenet of Gail Warrior’s business acumen. So it comes as no surprise that the CEO and founder of Warrior Elements, a luxury active-wear…

Warrior Elements CEO, philanthropist, to headline Aug. 5 PeopleFund event geared toward local entrepreneurs DALLAS, Texas – July 24, 2015– Giving back to the community has long been a tenet of Gail Warrior’s business acumen. So it comes as no surprise that the CEO and founder of Warrior Elements, a luxury active-wear…