Monday, June 30, 2008

Beer Company Works Through Nonprofit to Help Small Businesses

The Boston Globe reports that Boston Beer, the brewer of Samuel Adams beer, has teamed up with Accion USA, which is headquartered in Boston, to launch an initiative to assist small-business owners.  The "Samuel Adams: Brewing the American Dream" initiative will provide loans from a Boston Beer $250,000 donation and business consulting services, all targeted at New England entrepreneurs working the food and beverage industry.  It will also establish a mentoring program with executives from Boston Beer and other companies.  The first company to receive a loan under the program will be Delectable Desires, a pastry company that rents kitchen space in the same complex as Boston Beer's headquarters.  That complex houses approximately 50 small companies in total, a rental program that like the more recent initiative grew out of Boston Beer founder Jim Koch's desire to help small business entrepreneurs.

LHM

http://lawprofessors.typepad.com/nonprofit/2008/06/beer-company-wo.html

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