Hennessy Announces $1MM Acceleration Fund to Aid Next Generation of Black Entrepreneurs

The “Never Stop Never Settle Society,” a comprehensive growth accelerator co-created by Hennessy with the Marcus Graham Project (MGP) to ensure a more equitable landscape for Black entrepreneurship. To introduce the initiative, a new “Dear Destiny” creative produced by Uninterrupted and featuring hip-hop legend Nas debuted on March 27th during the 52nd NAACP Image Awards on BET, placing the spotlight on the legacy of Black Wall Street.

“The ‘Never Stop Never Settle Society’ builds on Hennessy’s long-standing commitment to Black communities and ongoing mission to champion cultural diversity by pushing the limits of potential for Black entrepreneurs,” says Jasmin Allen, Senior Vice President, Hennessy US. “We aim to expand on that legacy in the most impactful and meaningful ways by providing access to capital and resources to those demonstrating the ability to reshape Black communities through social impact.”

With respect to past models of community-built success including Tulsa’s Greenwood District, the “Never Stop Never Settle Society” was instituted to provide Black entrepreneurs with high-impact funding, resources, and infrastructure to further their journeys and ultimately transform communities.

Hennessy will accept applications starting Tuesday, April 6th, awarding a number of member benefits to qualified applicants:

  • Lump sum funds in the amount of $50K will be administered to selected ventures with potential to reshape the world through social impact
  • Access to The Gathering Spot Connect, a Black-owned digital hub offering networking, education, and business development resources
  • Growth opportunities at the program’s physical footprint and state-of-the-art office at Moët Hennessy’s headquarters in New York City. Debuting 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
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