US Small Business Administration Backs Microbreweries

Opening a brewery costs a lot of money (often upwards of $500,000).  Therefore, it’s not surprising that one of the most common questions I get from people looking to start a brewery is whether I am aware of any fundraising opportunities.  According to a recent article on Inc.com, the US Small Business Administration has backed 420 loans to 322 small breweries during the last few years.  One such beneficiary was Hi-Wire Brewing, which recently obtained a $254,000 loan to purchase equipment.  Inc.com has more good news about opening a new brewery, as it ranks starting a boutique beer brewery as one of the top 8 best industries for starting a business in 2013.

Thanks to Adam at beerpulse.com for pointing out this article.

About Dan

Daniel Christopherson of DCBrewLaw.com is a beer and trademark attorney at Lehrman Beverage Law. He is an avid craft beer enthusiast who helps new and established breweries develop their business models, comply with the TTB and FDA, and protect their intellectual property.
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One Response to US Small Business Administration Backs Microbreweries

  1. Pingback: New Brewery Legal Checklist (Step 3: Get Ready for the Feds) | DC Brew Law: Christopherson IP Law Firm

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