Samuel Adams Brewing the American Dream

Accion and its Local Lending Partners

In seeking a partner for Samuel Adams’ Brewing the American Dream, the company's core philanthropic initiative, The Boston Beer Company turned to Accion to facilitate lending to hardworking food and beverage business owners seeking to grow. As the largest nationwide micro- and small business lending network in the United States, we connect small business owners with the accessible financing and advice it takes to create or grow healthy businesses. Since 1991, the five members of the Accion U.S. Network have collectively made over 48,700 loans, totaling over $394 million. Additionally, over 400,000 business owners across the nation have turned to Accion for financial and business advice via workshops, online tools, and one-on-one consultations. Globally, Accion (www.accion.org) is a pioneer in microfinance, reaching millions of individuals through its international network of partners. For more information visit usnetwork.accion.org.
 
We thank our Samuel Adams Brewing the American Dream partners participating in the “Raise a Pint, Brew a Dream” national promotion. Throughout the month of May 2014, $.05 for every Samuel Adams Boston Lager draft sold at participating accounts, helps fund microloans for small food, beverage, craft brewing and hospitality businesses through the Samuel Adams Brewing the American Dream Program Fund at Accion.
 

Local Lending Partners:

Common Capital is a community loan fund serving Western Massachusetts. We provide financing and business advisory services to small and medium sized businesses and non-profits for community based projects. We are committed to investing our resources to promote a thriving local economy and to improve the lives of people who live and work in Western MA. Every dollar that Common Capital deploys is an investment in job creation, providing job creation, economic opportunity, essential community services, neighborhood rejuvenation, and environmental sustainability. We focus on businesses that are locally owned and that recirculate dollars in the local economy. We know it takes more than money to build a successful business. We support our borrowers with individualized business assistance to ensure that businesses have the resources and capacity needed to succeed and grow. For more information visit us at:  www.common-capital.org.

 

The Economic & Community Development Institute is a Columbus, Ohio-based 501(c)(3) non-profit economic development organization founded in 2004. ECDI's mission is to invest in people to create measurable and enduring social and economic change. Leveraging $17 million in loan capital, we have helped 2,250 business owners and created and retained  4,500 jobs via our comprehensive suite of programs available through our offices in Columbus, Cleveland and Toledo, Ohio.

 

Working families deserve to live in affordable homes and own successful small businesses — but too many are unable to turn these dreams into reality. The Latino Economic Development Center (LEDC) equips Latinos and other D.C.-area residents with the skills and financial tools to create a better future for their families and communities. Participants in our programs learn how to buy and stay in their homes, take control of decisions affecting their apartment buildings, and start or expand small businesses. Learn more at www.ledcmetro.org.

 

Opportunity Fund (www.opportunityfund.org) is a not-for-profit social enterprise helping thousands of California families build financial stability. Our strategy combines microloans for small businesses, microsavings accounts, and community real estate financing. Now California's leading microfinance provider, Opportunity Fund began based on the idea that small amounts of money and financial advice could help people make permanent and lasting change to improve their own lives. Since making our first loan in 1995, our team has deployed over $300 million and helped more than 17,000 low-income Californians.

 

Offering a variety of loan products to meet the needs of underserved small businesses, the Rising Tide Community Loan Fund is a certified Community Development Financial Institution (CDFI), whose service area is limited to Lehigh and Northampton Counties. The target population consists of those entrepreneurs with incomes at or below 80% of median and those who reside in or operate businesses in low-income census tracts. Established in 2001, the Rising Tide Community Loan Fund is a separately incorporated subsidiary of the Community Action Committee of the Lehigh Valley, Inc. (CACLV). To learn more about the Rising Tide please visit www.therisingtide.org.

 

VEDC is a leading non-profit small business lender that is changing the way small business lending is done by making it more available, sustainable and impactful. As a national small business lender, VEDC has lent $330 million in direct and guaranteed loans to 100,000 small businesses and created more than 18,000 jobs. Headquartered in Los Angeles, VEDC also operates the Small Business California Loan Program in San Francisco, the Nevada Microenterprise Initiative in Las Vegas, the Chicagoland Business Opportunity Fund in Chicago and the Tri-State Business Opportunity Fund in New York. VEDC has a 37 year history of supporting small business owners with the goal of creating and sustaining jobs and businesses in under-served communities. For more information visit www.vedc.org

 

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