Milling & Baking News - November 2, 2021 - 17

Famous Amos launches program
in support of Black entrepreneurs
CHICAGO - Famous Amos, in partnership
with the National Black Chamber
of Commerce (NBCC), has announced
the launch of its Ingredients for Success
Initiative, a grant and mentorship
program that aims to provide the necessary
tools and resources to help Black
business owners succeed.
In its inaugural year, the program
will award a total of $150,000 to three
Black-owned businesses, each receiving
a $50,000 business grant. Along
with the monetary award, grant
Lallemand to
hike prices in
January
MONTREAL - Global supply issues
involving raw materials, packaging,
pallets and transportation have led Lallemand
Baking to announce price increases
on certain products to compensate for
steadily increasing costs.
Steve Marinella, senior vice president
of sales at Lallemand Baking, said the price
of dry yeast will be raised 30¢ per lb, while
the price of bags and blocks will be raised
12¢ per lb and the price of liquid yeast will
increase 6¢ per lb, effective Jan. 1, 2022.
" Lallemand has built its reputation by
striving to go above and beyond customer
expectations, " Mr. Marinella told customers.
" The freight industry is facing
driver shortages - this makes lead times
imperative to follow. It is business critical
to ensure that your teams are respecting
lead times and avoiding any last-minute
change orders. We appreciate your every
support. Please do not hesitate to work
with your key account sales manager with
any unforeseen circumstances. "
Mr. Marinella said that for non-contracted
partners the current increase
announcement effective Jan. 1, 2022, will
be the difference between the current
increase less the July increase. MBN
SOURCE * BLEND * INNOVATE
bakingbusiness.com
B.C. Williams Bakery Service | BCW Food Products | 800.527.4104
MILLING & BAKING NEWS 17
winners will receive mentoring and
coaching resources and tools provided
by the NBCC to help drive
sustainable growth and
success.
" In honor of Wally
Amos, the founder
of Famous Amos, we
are extremely grateful
to partner with
the NBCC to help
create pathways for
Black business owners
to thrive, " said Rachna
Patel, senior director,
Distinctive Brands at Ferrara.
" Famous Amos remains committed to
fostering racial equity through the work
that we do as a company and our connection
to the communities we serve. "
Charles H. DeBow III, executive
director of the NBCC, added, " Our mission
is the economic empowerment of
Black businesses and communities. We
are pleased to partner with Famous
Amos to provide mentorship, as well
as the necessary tools and resources
to the grant recipients to assist them
to not only participate but to
succeed in America's
economy. "
Businesses must
be at minimum 90%
Black-owned and
have been in operation
for five years
or less. All entries
must be submitted
by Nov. 29 by 11:59 pm
EST. Grant applications
will be judged by some
of the nation's foremost Black
business leaders, including Jeffery
Beckham Jr., chief executive officer at
Chicago Scholars; Roby Mercharles,
vice president of partnerships at The
American MBN
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Milling & Baking News - November 2, 2021

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