• Constellation Brands Launches $100 Million Fund for Female-Run Booze Businesses

    7 days ago - By Vine Pair

    Constellation Brands, producer of Corona in the U.S., Svedka vodka, and many other popular alcohol brands, announced it will invest $100 million in female-founded alcoholic beverage companies over the next decade, Bloomberg reports .
    Constellation's venture capital arm launched the group to boost women-run alcohol businesses in what is undeniably a male-dominated industry. According to data from the Equal Employment Opportunity Commission, men account for about 80 percent of beverage and tobacco executives. Further, only 2 percent of venture capital funding went to all-female-founded...
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