Through a new partnership with the NAACP, Beyoncé and her BeyGOOD organization will be distributing grants to Black owned businesses across America.
BeyGOOD announced their Black Owned Small Business Fund earlier this week and plans to grant select businesses up to $10,000. The fund aims to help business that suffered damages or lost property amid the unrest that swept the nation in response to police brutality.
Earlier this year, we witnessed the social awakening of the black lives matter movement after the police killing of George Floyd and Breonna Taylor. As riots and protests took over the streets across America, some businesses were harmed. This came during a worldwide pandemic that also caused many businesses, especially in the black community, to suffer.
As part of her Black Parade initiative, Beyonce plans to promote Black businesses across various different industries. She also announced the proceeds of her song of the same name would go to black owned businesses in need. The song debuted on the Billboard Hot 100 list and has been doing well so that’s hopeful.
To apply for the grant, visit the NAACP website before July 18th. Eligible businesses must be located in Houston, Atlanta, New York, Los Angeles and Minneapolis. Winners will be notified by July 31st via Beyonce.com