Beyoncé and the NAACP offer $10,000 grants to black-owned small businesses

Black-owned small businesses in Houston, Atlanta, New York City, Los Angeles and Minneapolis are eligible
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Sara Feigin16 July 2020

Beyoncé’s foundation BeyGOOD is partnering with the NAACP to award $10,000 grants to black-owned small businesses affected by "recent events across the country."

BeyGOOD was founded by Beyoncé 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.”

The NAACP website explains, “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 and BeyGOOD hope to help alleviate some of the financial burdens black-owned small businesses are facing due to the coronavirus pandemic and other recent events.

Black-Owned Small Business Impact Fund has been put in place to directly help those small businesses that have been hit the hardest over the past four months.

Gareth Cattermole/Getty Images

“The grants in the amount of $10,000 will be offered to Black-owned small businesses in select cities to help sustain businesses during this time. The NAACP is proud to partner with BeyGOOD to help strengthen small businesses and to ensure economic empowerment for Black businesses,” the NAACP website reads.

To apply for this grant, you must be a black-owned small business based in Houston, Atlanta, New York City, Los Angeles or Minneapolis able to provide property damage or replacement estimate.

Applications are being accepted from July 9th until July 18th and will be reviewed from July 20th until the 29th. Those selected to receive grants will be notified on July 31st on Beyonce.com.

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