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Latino Daily News

Monday August 30, 2010

Hispanic Business: MillerCoors Continue to Provide Resources

MillerCoors continues to empower urban and multicultural communities by offering small businesses the unique opportunity to vie for $150,000 in business grants with its signature program, the MillerCoors Urban Entrepreneurs Series (MUES) and Business Plan Competition. The award-winning program, which debuted in 1999, provides training and resources to aspiring entrepreneurs and has awarded more than 1.4 million dollars in small business grants since its inception.

“The MillerCoors Urban Entrepreneurs Series (MUES) was created to help empower small urban businesses and we are proud to continue our commitment. In this tough economic climate, we recognize that entrepreneurship is the driving force to our countrys economic recovery,” said Larry Waters, director of multicultural relations for MillerCoors. “The talent we see through our competition is quite impressive and we hope that that these businesses will one day become MillerCoors suppliers,” he continued.

An integral component of MUES is the Business Plan Competition, which grants aspiring professionals start-up capital for their new or existing businesses. This years top winner will be awarded a $50,000 grant, and four others will each receive $25,000 grants. Competitors also have the opportunity to become a potential qualified MillerCoors supplier. The competition is open to participants between the ages of 21 and 35 and their business existence must not exceed five years. All entries must be submitted to MillerCoors, by Friday, October 1, 2010 at 12:00 noon (CDT). More than 1,500 business plans have been submitted to the MUES program and more than 100 urban entrepreneurs have received support from MillerCoors. More than 50 percent of past winning businesses are still operating and still benefiting urban communities by providing jobs and sustaining economic growth and development.

For all information on MUES, including official rules, application and requirements of the Business Plan Competition and helpful resources for developing a business plan, visit MillerCoors.