Constellation Brands, the owner of Corona and Modelo beer brands, has announced plans to invest $100 million by 2028 in businesses founded or led by women in the alcoholic beverage segment.
It has introduced a new programme - 'Focus on Female Founders' - through which the investment will be made.
Mallika Monteiro, the chief growth officer of Constellation Brands, said, “Our Focus on Female Founders programme reinforces our commitment to supporting the advancement of women within our company, within our industry, and in our local communities.