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May 18, 2020
Organization
Pflugervile Community Development Corporation
The originating partners of the Pflugerville Pfund, a local small business emergency grant, announced today that the Timmerman and Hagan families of Pflugerville are offering matching funds up to $15,000 to provide grants for companies with fewer than 50 employees within the Pflugerville city limits/Extraterritorial Jurisdiction (ETJ).
These founding families of Pflugerville have been involved in the community for almost 150 years.
“The Timmerman and Hagan families are concerned about the wellbeing of the Pflugerville community and are offering to match up to $15,000 in donations to the Pflugerville Pfund. We would like to thank the PCDC and the [Pflugerville] Chamber for their work on this outstanding endeavor,” said Tim Timmerman. “Together we will get through this.”
The Pflugerville Chamber of Commerce, Pflugerville Community Development Corporation (PCDC) recently partnered with the Pflugerville Economic Development Foundation, Recurrent Energy, and Montoya & Monzingo, LLP, Certified Public Accountants to establish the Pflugerville Pfund with $103, 962 to help support small businesses in Pflugerville.
The Pflugerville Pfund has awarded 30 local businesses with funds to provide relief for expenses and received a total of 78 submissions to the fund.
“The Pflugerville community has come together for small business by supporting the Pflugerville Pfund,” said Shontel Mays, President / CEO of the Pflugerville Chamber of Commerce. “We’re so grateful to receive this generous matching grant from the Timmerman-Hagen family. It truly shows how much our community is supporting each other and keeping Pflugerville strong.”
To learn more or to donate matching funds, please go to the chamber website at https://www.pfchamber.com/pflugerville-pfund.
All business funding requests are reviewed by a Fund Oversight Committee consisting of representatives with the Pflugerville Chamber and the Pflugerville Pfund partners. The maximum request for funding is limited to $5,000.
About the Pflugerville Chamber of Commerce
The Pflugerville Chamber of Commerce is an independent 501(c)6 nonprofit organization with a mission to unify organizations to create an actively engaged, flourishing community. The Pflugerville Chamber is a strong advocate for the business community by providing information, resources, and connections for our chamber investors. For more than 35 years, the Pflugerville Chamber of Commerce has worked to build successful businesses, a vibrant economy and a quality of life that benefits both our residents and businesses.
About the Pflugerville Community Development Corporation
Pflugerville, Texas, is the third fastest-growing city in the nation, according to U.S. Census Bureau estimates released in May 2018. With a population of more than 63,000, Pflugerville is located just minutes north of downtown Austin in the desirable Central Texas region. State highways 45 and 130 and Interstate Highway 35 offer direct access to other nearby cities and a quick route to nearby airports. Hometown pride and quality of life are top priority, with residents enjoying the beautiful Lake Pflugerville, an elaborate trail system, shopping areas, new restaurants, and the community’s many parades and festivals.
PCDC is responsible for attracting, retaining, and expanding businesses to create new jobs and increase tax revenue to support community development. PCDC can provide funding for use as an incentive for companies locating and growing in Pflugerville. PCDC funds, which are 4B money generated from a half-cent of the city’s sales tax revenue, can also be used to construct needed infrastructure such as roads, utilities, and drainage, as well as the development of parks and recreation projects. For more information, visit www.pfdevelopment.com.