Hennessy Launches Accelerator Program To Fund Black BusinessesBy Elysia Tanswell
Apr. 7 2021, Published 2:04 p.m. ET
Hennessy has launched the Never Stop Never Settle Society. The group was co-founded with the Marcus Graham Project (MGP) with the aim to ensure a more equitable landscape for Black entrepreneurs.
As part of the launch Hennessy debuted the short film Dear Destiny, produced by UNINTERRUPTED and narrated by the Grammy Award winning rapper and artist Nas. In the film, Nas recites a powerful letter to his daughter Destiny. The letter focuses on Black excellence. In particular, it harkens back to the ambition, creation and evolution of Black Wall Street from Tulsa 1921 into the year 2021.
“Some of the most powerful leaders and creators in the Black community are entrepreneurs creating jobs, rich legacies, and taking ownership of new paths. Access to capital resources to allow for authentic growth has traditionally been a barrier,” says Lincoln Stephens, Co-Founder and CEO of Marcus Graham Project.
“For over a century now, Hennessy’s participation in the Black community has transcended typical corporate action, and I’m excited to be part of this next chapter that substantively uplifts entrepreneurship as a means towards closing the wealth disparity”.
According to Hennessy the Never Stop Never Settle Society builds on the brand’s long-standing commitment to Black communities. It does so by providing Black entrepreneurs with the necessary funds, resources, and infrastructure to make the big impact they want to see in their communities.
Have a business you think has potential?
Hennessy will start accepting applications, Tuesday, April 6th. Successful applicants will receive member befits such as….
- A Lump sum of $50K. Hennessy will administer the funds to selected ventures with potential to reshape the world through social impact; additional information on eligibility and membership benefits visit NeverStopNeverSettle.org
- Access to The Gathering Spot Connect, a Black-owned digital networking hub offering networking, education and business development resources will be administered to selected ventures
- Growth opportunities at the program’s physical footprint and state-of the-art office at Moët Hennessy’s headquarters in New York City. This will become available late 2021. The space will offer scheduled access to a content studio, along with a compelling slate of educational programming and leadership engagement for business mentorship.