Fuego Fino

WIF AX Leads Investment In Women-led Wine & Spirits Company

founder @ Fuego Fino

Published on May 14, 2020

WIF AX (Women’s Innovation Fund Accelerator) leads an investment in Fuego Fino, Inc, a women-led wine and spirits venture which graduated from the WIF AX accelerator. 

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WIF AX, LLC (Women’s Innovation Fund Accelerator) is a Qualified Opportunity Fund which invests in growth related business that are gender-balance and environmentally sustainable. They run an virtual accelerator and capital stack program which prepares businesses for the next level of funding, growth, and environmental sustainability.

Fuego Fino, Inc. is a progressive wine and spirits house, which boast the title of being: “THE #1 WOMEN-LED ECO-FRIENDLY ALCOHOL COMPANY.” They endorse a gender-balanced c-suite, and plan to roll-out many eco-friendly objectives including bottle refunding programs and the reuse of alcohol waste for the production of hand sanitizer and biofuel. Their CEO, Jessica Contreras, has also taken the step of creating a venture where all companies must review their operations to see where they can become environmentally responsible in order to list on an index of consumer friendly companies.

“I am proud to lead the investment in  Fuego Fino, Inc. As an advisor to the project I have seen the tremendous progress they have made, not just in our accelerator program, but personally. I look forward to taking part in their growth. I strongly believe that having a wine and spirits as a part of our portfolio is a big asset,” says Barbara Bickham, Managing Director of WIF AX, LLC.

“I learned many lesson in the WIF AX accelerator which I applied not only to my operations, but my exit strategy. I am proud to be a member of that team, and please with the decision that WIF AX made to lead our crowd funding round,” says Fuego Fino Founder Jessica Contreras.