Bud Light just announced that is was giving $200k to the National LGBT Chamber of Commerce’s [NGLCC] Communities of Color initiative [CoCi.
According to Bud Light’s press release:
THE #1 BEST-SELLING BEER BRAND IN THE INDUSTRY WILL SUPPORT LGBTQ+ BUSINESS OWNERS OF COLOR THROUGH THE NGLCC’S COMMUNITIES OF COLOR INITIATIVE (COCI)
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This year, Bud Light will donate $200,000 to the NGLCC in support of its Communities of Color Initiative (CoCi). This initiative is designed to support the growth and success of minority LGBTQ+-owned businesses through certification, scholarships and business development in an effort to create equal opportunities for the economic advancement of small businesses in the LGBTQ+ community. The brand will also be supporting NGLCC’s first-ever CoCi Biz Pitch program, where the winning minority LGBTQ+ business owner will receive $5,000 and have the chance to go on to compete at the 2023 NGLCC International Business & Leadership Conference LGBT Biz Pitch Competition for $50,000 in cash and prizes.
“We’re honored to continue our partnership with Bud Light in support of LGBTQ+ businesses,” said the NGLCC. “We appreciate the brand’s ongoing efforts to bolster our Communities of Color Initiative that empowers and supports both minority LGBTQ+ business owners and entrepreneurs, as well as the vital roles they play in communities across the United States.”