Beyoncé creates fund for small black-owned businesses

The famous singer's foundation BeyGood, teams up with NAACP to create a fund for black-owned businesses. $10,000 dollar grants will be given to businesses in select cities for a short period of time for damaged property replacement. For better understanding of how the NAACP works check out the video below.

  • NAACP, National Association for the Advancement of Colored People, is the largest civil rights organization in the nation. 
  • Their mission is to "eliminate race-based discrimination and ensure the health and well-being of all persons."

The NAACP said that "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".

Applications for the grants are open through July 9th and the 18th. The cities eligibles are the following: Houston, Atlanta, New York, Los Angeles, or Minneapolis. The selected applicants will be notified on on July 31st.

BeyGood foundation was launched in 2013

Estefanía Martínez

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