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Diageo North America Donates to the Seattle ‘Raising the Bar’ Recovery Fund to Help Reactivate the City’s Hospitality Industry
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Diageo North America has pledged $2.5 million to support minority-owned small restaurants affected by the pandemic through the Seattle 'Raising the Bar' recovery fund. Eligible businesses can apply for grants of up to $7,500. The fund, in partnership with local nonprofit organizations, aims to aid the Asian-American and Pacific Islander communities. Applications open from October 29 to November 19. This initiative responds to the closure of the Restaurant Revitalization Fund, filling a critical financial support gap.
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Commitment of $2.5 million to support minority-owned restaurants.
Eligible businesses can receive grants of up to $7,500.
Collaboration with local nonprofits to effectively manage and distribute funds.
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The $2.5 million commitment will support minority-owned small restaurants disproportionately harmed by the pandemic
Eligible businesses can receive up to $7,500 in grants
NEW YORK--(BUSINESS WIRE)--
Diageo North America has committed $2.5 million to support small minority-owned businesses in the hospitality industry through the Seattle ‘Raising the Bar’ recovery fund, in partnership with non-profit organizations Seattle Chinatown International District Preservation and Development Authority (SCIDpda), Washington Hospitality Association Education Foundation and Friends of Little Saigon. Eligible businesses will receive a grant of up to $7,500 each.
While this fund will offer financial support to minority-owned restaurants in the Seattle area and contribute to their recovery from the impact of the pandemic, given the ethnic makeup of the city, the program will facilitate resources to reach one of the largest minority communities – the Asian-Americans and Pacific Islanders – where racial disparities have magnified the impact on their businesses.
“By partnering with local non-profit organizations, our purpose is to support the revival of these small businesses and provide relief to local communities who need it most. With the U.S. Small Business Administration closing the Restaurant Revitalization Fund in July, we are excited to step forward and fill that gap of grant funding available to hospitality businesses getting back on their feet,” said Danielle Robinson, Head of Corporate Responsibility, Diageo North America. “We are proud to establish the Seattle ‘Raising the Bar’ recovery fund and support minority-owned restaurant owners who continue to face challenges, even as the hospitality industry begins to climb back.”
The $2.5 million donated by Diageo North America will be managed and dispersed independently through SCIDpda to help the small businesses recover from the impact of COVID-19. The Washington Hospitality Association Education Foundation will amplify the program and host the application process, supported with translation services in six languages to applicants provided by SCIDpda. Comprised of both organizations and the Friends of Little Saigon, a selection committee will review and determine which businesses qualify for grants.
“The last 19 months of the pandemic have underscored the language barriers that many businesses in our community face when accessing resources. We are thankful to Diageo and the Washington Hospitality Association for helping make this opportunity happen,” said Jamie Lee, Director of Community Initiatives, SCIDpda.
"Hospitality has been the hardest-hit by the pandemic, with thousands of restaurants closed permanently in our state. And racial disparities as well as language barriers have only worsened that impact. We are proud to partner to help bring relief to struggling businesses,” said Anthony Anton, President & CEO of the Washington Hospitality Association.
As part of Diageo’s U.S. Community Fund, the company became a founding contributor of the ‘Raising the New York State Bar’Restaurant Recovery Fund to help businesses adjust to pandemic requirements, and financially supported recovery efforts for Chicago neighborhoods to help create more public spaces. In addition, many of the company’s brands -including Bulleit, Crown Royal, Seagram's 7 Crown, Don Julio, Guinness and Ketel One, among others- have led various initiatives to help the hospitality industry and those whose livelihoods were directly impacted.
Eligible businesses can apply to the Seattle ‘Raising the Bar’ recovery fund starting October 29th, at 10:00 am PST through November 19th at 5:00 pm PST. To learn more about the fund and the application process, visit https://scidpda.org/recoveryfund/.
About Diageo North America
Diageo is a global leader in beverage alcohol with an outstanding collection of brands including Johnnie Walker, Crown Royal, Bulleit and Buchanan's whiskies, Smirnoff, Cîroc and Ketel One vodkas, Casamigos, DeLeon and Don Julio tequilas, Captain Morgan, Baileys, Tanqueray and Guinness.
Diageo is listed on both the New York Stock Exchange (NYSE: DEO) and the London Stock Exchange (LSE: DGE) and their products are sold in more than 180 countries around the world.
For more information about Diageo, their people, brands, and performance, visit www.diageo.com. Visit Diageo's global responsible drinking resource, www.DRINKiQ.com, for information, initiatives, and ways to share best practice. Follow at Twitter and Instagram for news and information about Diageo North America: @Diageo_NA.
About the Seattle Chinatown International District Preservation and Development Authority
Seattle Chinatown International District Preservation and Development Authority (SCIDpda) is a community development organization whose mission is to preserve, promote, and develop the Seattle Chinatown International District (CID) as a vibrant community and unique ethnic neighborhood. Formed by the community in 1975, SCIDpda works to revitalize and preserve the neighborhood by providing services in three primary areas: affordable housing and commercial property management, community economic development and community engagement, and real estate development. SCIDpda has 45-plus years of experience in increasing neighborhood sustainability through innovative programs and projects that balance development and preservation. scidpda.org.
About the Washington Hospitality Association
Hospitality is the industry that serves. The Washington Hospitality Association delivers wins for the largest group of private employers in the state, and the 220,800 jobs the industry provides are the backbone of our state’s economy. The association works at the state and local levels to find proactive solutions to the challenging issues facing the industry and its workforce. It provides its members with programs, services and information they need to deliver great local experiences, ensure the success of their employees and help their communities thrive. The Washington Hospitality Association became one of the state’s largest trade associations in 2016 when the Washington Restaurant Association and Washington Lodging Association joined forces in a combined association.
What is the purpose of Diageo's $2.5 million commitment?
Diageo's $2.5 million commitment aims to support minority-owned small restaurants affected by the pandemic through the Seattle 'Raising the Bar' recovery fund.
How much can businesses receive from the Seattle 'Raising the Bar' fund?
Eligible businesses can receive grants of up to $7,500 from the Seattle 'Raising the Bar' recovery fund.
When can businesses apply for the Seattle recovery fund?
Businesses can apply for the Seattle recovery fund from October 29 to November 19.
Which communities will benefit from Diageo's recovery fund?
The recovery fund will particularly benefit the Asian-American and Pacific Islander communities in Seattle.
What financial gap does Diageo's fund aim to fill?
The fund aims to fill the financial support gap left by the closure of the U.S. Restaurant Revitalization Fund.
