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Hennessy Announces Latest $2.5Mm Round Of Unfinished Business Funding To Commemorate The Nba's 75Th Anniversary

Mar 22, 2022•over 3 years ago

Amount Raised

$2.5 Million

Round Type

seed

Description

Today, Hennessy, the world's best-selling Cognac and Official Spirit of the NBA, WNBA, NBA G League, and USA Basketball, announced that it will award $2.5 million dollars, given in $7,500 awards to nearly 350 Black, Asian, and Latinx-owned small businesses across the country. These businesses, which have been disproportionality affected by the pandemic, will receive funding through Hennessy's Unfinished Business program, in partnership with the NBA and select NBA teams. In addition, Hennessy has teamed up with Naismith Memorial Basketball Hall of Famer and member of the NBA's 75th Anniversary Team, Gary Payton, who will, over the course of the rest of the season, help spotlight 75 Unfinished Business recipients that are making a heroic impact in their communities.

Company Information

Company

Hennessy

About

The leader in Cognac, the Maison Hennessy has shined around the world with its exceptional blends for more than 250 years. Built on founder Richard Hennessy's spirit of conquest, the brand is present in more than 160 countries. Based in the heart of the Charente region, Hennessy is also a steadfast pillar of the regional economy, the standard-bearer for a sector rich in expertise. The House's success and longevity are rooted in the excellence of its cognacs, each of which is born of a unique process of transmission from generation to generation. The first wine and spirits house to be certified ISO 14001, Hennessy unites its capacity for innovation and the support of all its partners to protect this exceptional area. As the crown jewel of the LVMH Group, Hennessy is a major contributor to French international trade, with 99% of production sold in export, and a worldwide ambassador for the French art de vivre. Hennessy is imported and distributed in the U.S. by Moët Hennessy USA. Hennessy distills, ages, and blends spanning a full range: Hennessy V.S, V.S.O.P, X.O, Privé, Paradis, Paradis Imperial, and Richard Hennessy. Imported Cognac Hennessy® 40% Alc./Vol. (80o), ©2022 Imported by Moët Hennessy USA, Inc., New York, NY.