April 25, 2024

Kevin Hart’s Gran Coramino Tequila Has Awarded Over $1M To Black And Latine Entrepreneurs

Kevin Hart

Gran Coramino Tequila, the premium tequila brand co-founded by Kevin Hart and Juan Domingo Beckmann, has disbursed over $1 million in grants to Black and Latine entrepreneurs across the United States to date.

The Coramino Fund

Since its inception in 2022, Gran Coramino has dedicated a portion of its sales to the betterment of underrepresented business owners, committing $1 from every bottle sold to this cause. 

The Coramino Fund, established in partnership with the Local Initiatives Support Corporation (LISC), has now dispersed over $1 million in grants.

This funding has reached over 100 entrepreneurs, providing them with $10,000 grants to help enhance their businesses. 

The recipients come from a variety of sectors, including retail, food services, and education.

In the latest round of funding, 50 businesses were selected. Over half (52%) are Black-owned, 36% are Latine-owned and 66% are women-owned businesses.

“As an entrepreneur myself, I’ve seen how early financial support can impact the long-term success of the business,” said Hart.

“The Coramino Fund was created to provide support to some of the hardest working people out there – entrepreneurs and small business owners.”

Sara Keenan

Tech Reporter at POCIT. Following her master's degree in journalism, Sara cultivated a deep passion for writing and driving positive change for Black and Brown individuals across all areas of life. This passion expanded to include the experiences of Black and Brown people in tech thanks to her internship experience as an editorial assistant at a tech startup.