Industry News Update (exciting Colorado news!)
Industry Update
Exciting news on a new initiative in Colorado between Accion and Samuel Adams and much more!
Boston Beer Co. expands loan program to Colorado
By Steve Raabe, Denver Post
Boston Beer Co. announced today that is expanding a small-business loan and coaching program to Colorado.
Colorado startups get a boost from Boston brewer’s microloan program
By Steve Raabe, Denver Post
A story on the first two Brewing the American Dream clients in Colorado.
Samuel Adams ‘Brewing the American Dream’ Microfinance Expands NationwideBy By Marcy Franklin, TheDailyMeal.com
Twenty-eight years ago, a brewer with big dreams set out to sell his family’s lager. He took his chilled beer bottles, packed them in a briefcase, and headed to Boston’s many bars to sell his stuff. Brewing small batches in his kitchen, he transformed from a door-to-door beer salesman to the founder and brewmaster of one of the world’s biggest beer companies in the country.
Business Loans and Hand-Holding, Beer Optional
By Nick Leiber, Business Week
When Jim Koch launched the Boston Beer Co. (SAM) in 1984, he learned that ventures like his shouldn’t waste time trying to get a bank loan. “What one of the bankers said to me was, ‘We’re not in the business of taking risks. We don’t get paid to take risks. Look at our margins.”
Starbucks backs farmers’ loan fund
By Louise Lucas, FinancialTimes.com
The new fund, set up by a trio including Grameen Foundation, … Fair-trade farmers in Latin America, where the fund will start, say more than half the …
By Jerry Chautin
How do you get three of the Obama administration’s top appointed officials to speak at a day-long seminar? The answer is to tell them it is about job creation, small business and unlocking the availability of credit for businesses to form and expand — all hot election year topics.
VIDEO: Grameen America Turns 4
By GRAMEENAMERICA
Grameen America celebrates 4 years of successful microlending in the United States.
Citi Releases 2011 Global Citizenship Report
By Citigroup, Inc., WSJ MarketWatch
Citi today released its 12th annual Global Citizenship Report, detailing the bank’s progress and performance against key environmental and social indicators. Highlights of the report include Citi surpassing its 2011 goal to reduce greenhouse gas (GHG) emissions by 10% and the Citi Foundation reaching 1.6 million people to date through grants that expand financial inclusion and economic empowerment.
