Beyonce and NAACP Establish Fund to Support Black-Owned Small Businesses

Beyonce and NAACP Establish Fund to Support Black-Owned Small Businesses

Beyonce has been working incredibly hard through her charity initiative BeyGOOD, donating $6 million (open in new tab) in April to help underserved communities of color during the coronavirus pandemic, Later, she and her mother, Tina Knowles-Lawson, worked to make COVID-19 testing available to the black community in her hometown of Houston. She now works with the NAACP to support black-owned small businesses across the country, providing $10,000 grants to businesses in Houston, Atlanta, New York, Los Angeles, and Minneapolis. "[Over the past few months,] the pandemic and applaud for justice throughout the black community and across the nation has been felt in every possible area of our lives, including how our local businesses continue to operate," the NAACP said in a statement (open in new tab)." The NAACP is pleased to partner with BeyGOOD's Black-Owned Small Business Impact Fund to administer a meaningful program that supports small business communities directly impacted by recent events across the country."

Beyonce's latest single, "Black Parade," will raise funds for the BeyGOOD Black-Owned Small Business Impact Fund (opens in new tab), as well as for the Black-owned shared Black Owned Everything (opens in new tab), a directory of Black-owned businesses, on her website.

Are you a black owner of a small business in one of the five eligible cities? You can apply here (opens in new tab) before the July 18 deadline. If you are accepted, you will be notified on Beyonce.com on July 31. Good luck!

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