In December, Constellation Brands announced its Focus on Female Founders program, an initiative of the company’s venture capital group, Constellation Brands Ventures (CBV). The program aims to invest $100 million in female-founded or female-led alcohol beverage or related businesses through 2028. At the time of the announcement, CBV also named the first two recipients of investment, Austin Cocktails and Vivify Beverages.
Open to emerging brands and technologies that are in or adjacent to the beverage alcohol space, investees receive more than just an infusion of funds. They’ll also have access to Constellation’s staff for support and mentorship, brand development (including supply chain, financial, and distribution) expertise, and “a community of fellow women entrepreneurs who can share knowledge and offer support.”
To learn more or submit an application, go to www.cbrands.com.