Tag: BeeSweet Lemonade

Makaila Ulmer, 11, Gets $11 Million from Whole Foods for her Bee Sweet Lemonade

Mikaila Ulmer, 11, of Bee Sweet Lemonade (photo via bet.com)

article by Evelyn Diaz via bet.com

Most kids are happy to earn a few dollars selling lemonade on the sidewalk. But not 11-year-old Mikaila Ulmer.  The pre-teen entreprenuer is making a name for herself in the world of business by landing an $11 million deal with upscale grocery chain Whole Foods for her natural lemonade, which she calls BeeSweet.

Ulmer and her lemonade first came to national attention when she appeared on Shark Tank, taking home $60,000 in venture capital for her BeeSweet business. Her company’s main priority, other than making delicious lemonade, is to help save the global bee population by utilizing honey as sweetener instead of sugar.

Her Shark Tank deal is pocket change compared to what Whole Foods is offering: $11 million and shelf space in 55 Whole Foods stores across the nation. On top of that, she also has a deal with United Natural Foods to help expand her business.

But that’s still not enough for Mikaila. In addition to running her business — she does have a little help from her mother — and staying on top of her school work, Ulmer wants to visit South Africa to teach girls about entrepreneurship and starting their own businesses.

To read more, go to: http://www.bet.com/news/lifestyle/2016/03/29/11-year-old-lands-whole-foods-deal.html 

10 Year-Old Mikaila Ulmer Gets $60,000 Investment on ABC’s “Shark Tank” for BeeSweet Lemonade

(Image: Facebook)
Mikaila Ulmer (Image: Facebook)

If you’re a fan of the show Shark Tank, then you know convincing the “sharks” to invest in your business is not an easy challenge.

One little girl, however, managed to impress the sharks with her southern sweetened lemonade. 10-year-old Austin, Texas native Mikaila Ulmer is the founder of BeeSweet Lemonade. When she was only four years old, Ulmer was brainstorming what she would contribute to the Action Children’s Business Fair and Austin Lemonade Day.

After two bee stings, her parents encouraged her to research why honeybees were critical to our ecosystem. The young mind grew fascinated. Not long after, Great Granny Helen mailed Mikaila a 1940s cookbook containing Granny’s flaxseed lemonade recipe. The light bulb went off and little Miss Ulmer was inspired to make something that would help honeybees and use Great Granny Helen’s delicous recipe. BeeSweet Lemonade was born.

Mikaila’s recipe is unique from other lemonade recipes because instead of using lots of sugars, she sweetens each batch with honey from local bees. Today, she travels selling BeeSweet Lemonade at youth entrepreneurial events, and a portion of the profits is donated to organizations fighting to preserve honeybees.

Shark Tank investor and FUBU CEO Daymond John was sold on the BeeSweet story, and the mogul invested $60,000 for a 25% stake in the beverage company. John is working closely with Ulmer as her mentor and helping to push her brand through his professional network. “Partnering with Mikaila made perfect sense,” he said in a statement. “She’s a great kid with a head for business and branding. She’s got a great idea and I’m happy to help take BeeSweet to the next level.”

The investment will allow the company to make larger batches of the lemonade and meet customer demands. “I’m so excited to have someone with as much experience as Daymond on my team,” the young business girl said. “This is a great opportunity to have more people try my lemonade and save even more bees.”

Order Mikaila’s BeeSweet Lemonade and try all of the flavors here. BeeSweet Lemonade is also available at multiple Whole Foods and other grocers.

article by Essence Gant via blackenterprise.com