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11.2009

Massachusetts Beverage Business

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archivedOnBeerReport

Arthur Guinness Fund Established


GUY SMITH ARTHUR-GUINNESS FUND, DARCIE COOKSON-YOUTH BUSINESS AMERICA and GWIN IFILL-CLINTON GLOBAL


As part of the 25Oth anniversary celebration honoring its founder, the makers of Guinness beer recently announced a commitment at the Clinton Global Initiative to develop a micro lending program in the United States for young adults of legal drinking age with a desire to launch a new business, but who do not have access to funding. The commitment is being made as a $75O,OOO investment in Youth Business America, an independent non-profit organization that supports young entrepreneurs, from the newly created Arthur Guinness Fund. Guy Smith, Executive Vice President, Diageo, was present to represent the Arthur Guinness Fund Program. The announcement took place at The Clinton Global initiative Fifth Annual Meeting “Human Capital Breakout Session 1: Developing the 21st Century Workforce” in New York.

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