In a medium skillet, cook the cut 3/4 pound bacon, stirring occasionally, until done and on the verge of crispy, approximately 10 minutes. Remove the bacon to a paper towel-lined plate to drain off fat, reserving about 1 tablespoon of the fat in the pan. Discard the rest and reduce to low heat.
Add the minced or pressed 2 garlic cloves and minced 1 large shallot directly to the same skillet with rendered bacon fat. Soften for approximately 4-5 minutes. Stir in the 1/2 cup light brown sugar, 1/4 cup sherry vinegar, 1/4 cup water, 1/4 cup maple syrup, 1/4 cup bourbon and 1 teaspoon yellow mustard. Simmer on low heat for 10-15 minutes, stirring occasionally, ir until it starts to thicken and liquids are reduced by about 25%. It will not fully thicken until it starts to cool off-heat.
Return the cooked bacon to the pan. Remove from the heat and stir well.
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Notes
Bacon jam can be kept in an airtight container for up to 4 weeks, however, allow to come up to room temperature or heat for a few seconds in the microwave before serving or attempting to spread.For a smoother jam, pulse the mixture in a food processor until desired consistency.