Author Topic: Loan Program for Start Up Breweries  (Read 1194 times)

Offline jeffy

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Loan Program for Start Up Breweries
« on: April 06, 2011, 06:03:47 PM »
This article about a Boston Lager philanthropic project is pretty interesting.  Sam Adams is "giving back" to the beer community in a pretty appropriate way, by making some money and expertise available to start-up breweries.
http://blogs.wsj.com/in-charge/2011/04/04/a-new-loan-program-for-start-up-breweries/
Jeff Gladish, Tampa (989.3, 175.1 Apparent Rennarian)
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Offline corkybstewart

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Re: Loan Program for Start Up Breweries
« Reply #1 on: April 06, 2011, 06:58:11 PM »
That's pretty good of them to do.
I'd really just rather be brewing in sunny Carlsbad New Mexico

Offline geo1267

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Re: Loan Program for Start Up Breweries
« Reply #2 on: April 06, 2011, 08:20:02 PM »
When I toured the brewery last summer, they offered Boston Brick Red as part of the tasting. They brew this beer and only sell it on tap in Boston. A portion of the proceeds from the sale of this beer are used to fund this loan program.

http://beeradvocate.com/beer/profile/35/48246

http://www.samueladams.com/btad/promotion.aspx?id=99b23798-b1ba-4440-994c-19c70b446810
« Last Edit: April 06, 2011, 08:21:36 PM by geo1267 »

Offline Thirsty_Monk

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Re: Loan Program for Start Up Breweries
« Reply #3 on: April 08, 2011, 03:38:10 PM »
That is all nice and well but 25k will not get you that far.

On the other side it is great that they are doing it.
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Offline tumarkin

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Re: Loan Program for Start Up Breweries
« Reply #4 on: April 08, 2011, 03:54:09 PM »
They seem to have a very different corporate ethic than AB. During the hop shortage they had more hops than they needed and made them available to craft brewers that were in need. Good on them for this as well. May not be a huge amount of money, but if you need it for your startup I'm sure it would be a big help.
Mark Tumarkin
Hogtown Brewers
Gainesville, FL

Offline bfogt

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Re: Loan Program for Start Up Breweries
« Reply #5 on: April 08, 2011, 04:12:04 PM »
I'm pretty sure that the advice and being able to say that you have a loan from SA would be more valuable than the actual cash. 

Offline bluesman

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Re: Loan Program for Start Up Breweries
« Reply #6 on: April 08, 2011, 08:33:12 PM »
That's pretty good of them to do.

+1

If I ever decide to take the plunge...I'll look them up.
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Offline denny

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Re: Loan Program for Start Up Breweries
« Reply #7 on: April 09, 2011, 08:43:08 AM »
I'm pretty sure that the advice and being able to say that you have a loan from SA would be more valuable than the actual cash. 

Nice thought, but I doubt it.
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