Tag Archives: PeopleFund

Applications are now being accepted for the Q2 cohort of PeopleFund’s BIPOC Small Business Accelerator program, providing underserved entrepreneurs in Texas with the capital, education and resources needed to support healthy business growth. Applications close April 2 with classes taking place every Wednesday from 11 a.m. to 1 p.m. April 15 through June 3. Program participants commit to an orientation, a series of virtual training sessions, and assigned “homework”. Participants…

PeopleFund Merger Effective June 1

May 20, 2019

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Featured Government News Comments

PeopleFund and Certified Development Corporation of the Southwest are merging. Under the terms of the merger, PeopleFund will be the successor organization. The merger comes with the approval of both the Small Business Administration and the State of Texas. The merger will create an economy of scale beneficial to Texas small businesses in delivering the SBA 504 loan program. According to CDCSW President/Managing Director Mike Mora, “The benefit of this merger is…

Emergency Loans Available During Federal Shutdown

January 17, 2019

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e-Brief Features News Non-Profit Comments

Due to the extended period of the government shutdown, nonprofit and social service organizations in need of emergency bridge loans are eligible for up to $50,000 in low-interest capital from PeopleFund. The loans are designed to help nonprofits with government subsidies that rely on federal funding to provide vital community services. Organizations will need to provide proof of federal contract (NOFA or reimbursement agreement), financial statements, recent 990s and other documentation. The…

Free Financial Workshops Grow Small Businesses

October 18, 2018

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Business Advice e-Brief Features Events News Comments

Free financial education, which includes both small business and personal finance, starts Oct. 19 in Edinburg with PeopleFund’s “Financial Education Friday.” The series of free classes take also takes place Oct. 26 and Nov. 16. Held under BBVA Compass Center’s Pilot Program, the series is held at PeopleFund offices in Edinburg, Austin, Dallas, Fort Worth and Houston. The Edinburg office is located at 300 S. Closner Blvd. Ste. 1. Session topics and…

Alamo Offers Financial Assistance

August 23, 2018

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Business Advice e-Brief Features Events Featured Comments

The City of Alamo will host its biannual Small Business Workshop Sept. 19 to educate business owners on ways to get financial assistance as well as help bring ideas to fruition. Alamo EDC Director Rafael Tapia will discuss Alamo programs as well as available opportunities such as the Revolving Loan Program and Micro-Loan Program. These programs assist small businesses and start-ups by providing a low-cost alternative financing option. Information on Texas…