Samuel Adams Celebrates 15 Years of Brewing the American Dream and $100 Million in Small Business Funding
- None.
- None.
Philanthropic Program Reaches New Heights of Impact for Small Food & Beverage Businesses Nationwide
Established in 2008, Brewing the American Dream was born out of the same passion that led Sam Adams founder and brewer, Jim Koch, to start the craft beer revolution. Koch recognized that despite being the heartbeat of our country, food and beverage entrepreneurs are often underrepresented and underfunded. He set out to support them with valuable resources and much-needed access to capital. 15 years later, Brewing the American Dream celebrates
"There could not be a better way to celebrate our 15th year than with this incredible milestone. How time flies when you are doing what you love and get to help others do the same," said Jennifer Glanville Love, Director of Partnerships & Collaborations at Boston Beer Company. "We are immensely grateful to have supported so many deeply impassioned entrepreneurs who fearlessly chase their dreams each day--and that's really what
Amidst the current economic landscape, access to affordable capital is critical for aspiring food & beverage entrepreneurs. Yet, the program's impact stretches well beyond funding. It boasts a dynamic breadth of initiatives that offer business advice and discipline-specific education to equip participants with the knowledge and skills to run a healthy, growing enterprise.
Brewing the American Dream's unique program roster retains year-round efforts like Speed Coaching and Pitch Room Competitions, the latter of which has awarded a total of
Showing no signs of slowing down, the program saw a
"Samuel Adams has been a steadfast supporter of small food and beverage businesses over the past 15 years," said Luz Urrutia, CEO of Accion Opportunity Fund. "Working creatively alongside a variety of local non-profit partners over that time, they have expanded access not only to critical capital that these businesses need to grow, but also to valuable learning, networking, and promotional opportunities to support their success. We at Accion Opportunity Fund are grateful for their partnership and look forward to continued collaboration."
As the food & beverage community remains a powerful thread in the country's DNA, Brewing the American Dream is committed to being an ever-evolving resource for the dreamers that make it stronger each day.
For more information on Brewing the American Dream, visit www.brewingtheamericandream.com and follow along @samadamsbtad.
About Brewing the American Dream
In 2008, Samuel Adams launched its core philanthropic initiative, Samuel Adams Brewing the American Dream. In partnership with Accion Opportunity Fund, one of the nation's largest non-profit small business lenders, the program supports small business owners in the food, beverage, and brewing industries through access to business capital, coaching, and new market opportunities. The goal is to help strengthen small businesses, create local jobs, and build vibrant communities. Since the inception of the Samuel Adams Brewing the American Dream program, Brewing the American Dream has worked together with Accion Opportunity Fund and other non-profits in loaning more than
About Accion Opportunity Fund
Accion Opportunity Fund works to create an inclusive, healthy financial system that supports the nation's small business owners by connecting entrepreneurs to affordable capital, educational resources, coaching, and networks. Through innovative partnerships and outreach strategies, we reach entrepreneurs of color, low-income entrepreneurs, and women, who often lack access to the financial services they need to build and grow their businesses. Loans made by Accion Opportunity Fund Community Development. California Finance Lenders license number 6050609.
About Boston Beer Company
The Boston Beer Company, Inc. (NYSE: SAM) began in 1984 brewing Samuel Adams beer and the Samuel Adams brand is currently recognized as one of the largest and most respected craft beer brands. Our portfolio of brands also includes Truly Hard Seltzer, Twisted Tea, Angry Orchard Hard Cider, Dogfish Head Brewery and Hard Mountain Dew as well as other craft beer brands such as Angel City Brewery and Coney Island Brewing. For more information, please visit our www.bostonbeer.com.
Media Contact:
5W Public Relations
btad@5wpr.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/samuel-adams-celebrates-15-years-of-brewing-the-american-dream-and-100-million-in-small-business-funding-301903430.html
SOURCE Boston Beer
FAQ
What is the philanthropic program mentioned in the press release?
Who started the Brewing the American Dream program?
How many small business owners have received loans through the program?
How many entrepreneurs have received coaching and mentorship through the program?
What percentage of businesses supported by Brewing the American Dream are BIPOC-owned?