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Get Involved
Smith Alumni - Social Entrepreneurs
Successful Smith alumni-owned and operated businesses are proving that social
responsibility extends far beyond the classroom. The lessons these entrepreneurs
have learned at Smith have worked their way into business models, paving the way
for students and future alumni. Businesses like Blumpari and Hook & Ladder
Brewing Co. implement different socially aware models to give back to their
communities.
Learn more about University of
Maryland companies.
Hook & Ladder Brewing Co.
Brothers
Matt and Rich Fleischer started Hook & Ladder in March 1999, dedicating part of
the company's profitability to benefit local firefighters. Matt, a 2005 Smith
MBA graduate, and Rich, a firefighter, used scholarship money from the Dingman
Center for Entrepreneurship to help expand the business. It now has 43
distributors and is sold in 11 states and Washington, D.C.
Hook & Ladder’s “A Penny in Every Pint” and “A Quarter in Every Case”
initiative illustrates the brothers’ dedication to charitable giving. A portion
of sales are donated to help prevent burns and to improve burn survivors’
quality of life. “A Penny in Every Pint” commits a $2 donation for every barrel
of beer sold, while “A Quarter in Every Case” gives 12 cents for every case
sold. Hook & Ladder’s distributors match every donation. In 2006, the company
donated $10,000.
Featured in the Wall Street Journal in 2007, Fleischer said:
“We are a for-profit business, but that doesn't mean that we can't benefit our
company as well as develop our community through cause branding and cause
marketing.”
Fleischer credits the companies continued success in part to the resources of
the Dingman Center and the education he received as a Smith MBA.
Learn more about Hook
& Ladder or to make a donation to a local fire station.
Read the Wall Street Journal article.
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