Tag: Capital

Austin-based PeopleFund Gains Capital To Help Small Firms

AUSTIN, TX — Opportunity Finance Network — a leading national network of community development financial institutions — announced on Thursday that Austin-based PeopleFund was recipient of capital to support small businesses amid the coronavirus.

PeopleFund was one of four community development financial institutions (CDFIs) benefiting in the first round of Grow with Google Small Business Fund loans and grants from Google.org, officials said. PeopleFund will use the capital to support small businesses in its service area that were the hardest hit from economic loses stemming from both coronavirus and civil unrest stemming from police abuse protests, according to a news

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