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Uncle Nearest Announces $50 Million Venture Fund To Invest In Minority-Founded And Owned Spirit Brands

Share this article SHELBYVILLE, Tenn., June 1, 2021 /PRNewswire/  Today, Uncle Nearest Premium Whiskey, the fastest-growing American whiskey brand in U.S. history and the most-awarded Bourbon of 2019 and 2020 worldwide, announced the formation of the Uncle Nearest Venture Fund. The $50 million fund was created specifically to invest in rapidly growing, minority-founded and owned spirit brands. According to Fawn Weaver, Uncle Nearest founder and CEO, it s by design that the timing of the announcement comes on the 100 th anniversary of the destruction of Black Wall Street. Fawn Weaver, Uncle Nearest founder and CEO, and founder of the Uncle Nearest Venture Fund On June 1, 1921, an entire community of wealthy and successful African Americans was wiped out in a matter of hours. We are talking about 35 square blocks known as Black Wall Street, said Weaver. As an African American, learning about that history broke my heart because we, as a people, were really onto something in

Uncle Nearest Whiskey launches fund to support minority-owned spirits

Revered Makers Of The World s First African And Caribbean Rum Launch Their Next Expression, Equiano Light

Revered Makers Of The World s First African And Caribbean Rum Launch Their Next Expression, Equiano Light

Revered Makers Of The World s First African And Caribbean Rum Launch Their Next Expression, Equiano Light
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The World s First Premium African Caribbean Rum Reimagines a 400-Year-Old Category – Repeating Islands

“We wanted to get some conversation flowing. We wanted people to start asking: Why shouldn’t a rum sit side-by-side with a top bourbon, a single malt whiskey, an amazing rye, some really good aged tequila, or Cognac?” Ian Burrell says, with a sense of confidence. “Because that’s what I want people to look at the rum category. For me, it’s bigger than any one brand. Equiano meant to elevate the whole category.” Burrell should know a thing or two about this mission: He’s a household name in the spirits industry, founder of the world’s first-ever rum festival (which started way back in 2003), and a multi-award-winning global rum ambassador. And though Equiano only launched in 2020, it’s fair to say Burrell hasn’t just elevated the category he’s reimagined it entirely in his own image. “My ethnicity here in the United Kingdom is African Caribbean,” he explains. Equiano Rum, as such, is the first African Caribbean rum.

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