Craft breweries pervasive while start-up capital scarce

When Sarah Howat and her business partner decided to open a Denver brewery in March 2013, they put together a business plan and found a small group of investors made up primarily of friends and family. Their initial target was $250,000, which Howat described as the low end for starting a brewery. Early in 2014, Black Project Spontaneous & Wild Ales was up and running . . .

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