Beyoncé and the NAACP Have Launched a Fund to Support Black-Owned Small Businesses

various cities   june 28 in this screengrab, beyoncé is seen during the 2020 bet awards the 20th annual bet awards, which aired june 28, 2020, was held virtually due to restrictions to slow the spread of covid 19 photo by bet awards 2020getty images via getty images
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  • Beyoncé's charitable initiative BeyGOOD is partnering with the NAACP to help fund Black-owned small businesses across the U.S.
  • Grants of $10,000 will be given to businesses in Houston, Atlanta, New York, Los Angeles, and Minneapolis.
  • If you're a Black small business owner, apply here before the July 18 deadline.

    Beyoncé's been working incredibly hard through her charity initiative BeyGOOD: In April, she donated $6 million to support underserved communities of color amid the coronavirus pandemic, while she and mother Tina Knowles-Lawson subsequently worked to provide Black communities in her Houston hometown with access to COVID-19 testing. Now, she's teaming up with the NAACP to support Black-owned small businesses across the U.S., offering grants of $10,000 to businesses in Houston, Atlanta, New York, Los Angeles, and Minneapolis.

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    "Over the last couple of months, the pandemic and outpours for justice throughout the Black community and across the country has been felt in every imaginable area of our lives, including in how our local businesses continue to operate," the NAACP said in a statement. "The NAACP is delighted to administer a meaningful program in partnership with BeyGOOD’s Black-Owned Small Business Impact Fund to assist our small business communities that have been directly impacted by the recent events across the country."

    Beyoncé's latest single, "Black Parade," raised funds for the BeyGOOD Black-Owned Small Business Impact Fund, while she also shared the Black Owned Everything directory of Black-owned businesses on her website, founded by her stylist Zerina Akers.

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    Are you a Black owner of a small business in one of the five eligible cities? You can apply here, before the July 18 deadline. If you're successful, you'll be notified on July 31 on Beyonce.com. Wishing you luck!


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