Beyoncé Partners with NAACP to Support Small Black-Owned Businesses Affected By COVID-19
Eligible small business owners in Houston, Atlanta, Minneapolis, New York, and Los Angeles can now apply for $10,000 ‘Black-Owned Small Business Impact Fund’ grants through July 18.
Beyoncé has partnered with The National Association for the Advancement of Colored People (NAACP) to support small black-owned businesses affected by the pandemic through her BeyGood foundation, a global initiative founded in 2013 to inspire people to be kind, to be charitable and to #BeyGood to themselves, to others, to the community, and to our world.
“BeyGOOD announces The Black-Owned Small Business Impact Fund, assisting small businesses negatively impacted by recent events. The NAACP is proud to partner with BeyGOOD to help strengthen small businesses and to ensure economic empowerment for Black businesses.”
Special grants in the amount of $10,000 each will be offered to small black-owned businesses in five select U.S. cities, which include Atlanta, Houston, New York, Los Angeles and Minneapolis, with the specified goal of replacing damaged property. Submissions will be accepted through July 18, 2020, and selected applicants will be announced on the singer’s website Beyonce.com on July 31, 2020.
“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 recent statement. “The challenges of Black business owners navigating in the climate cannot be understated, as the effects of uprisings across the nation have led to many businesses being placed in dire straits due to damages and other small business needs.”
For additional details on the Black-Owned Small Business Impact Fund administered by the NAACP and to apply for a grant, please visit https://naacp.org/black-owned-business-impact-fund.
The NAACP, founded in 1909 in response to the ongoing violence against Black people around the country, is the largest and most pre-eminent civil rights organization in the United States. We have over 2,200 units and branches across the country, along with well over two million activists. Our mission is to secure the political, educational, social, and economic equality of rights in order to eliminate race-based discrimination and ensure the health and well-being of all persons.’