Beyonce Celebrates Her Birthday by Donating $1 Million in Funding To Black-Owned Businesses
Beyonce celebrates turning 39 in admirable style by announcing additional funding of $1 million dollars to help Black small businesses through her global organization.
September 4 is already a blessed day since it is the day our Queen Beyonce was born. But Beyonce’s birthday brought more blessings and from the Queen Bee herself.
Beyonce’s global campaign, BeyGOOD, which was founded by the megastar back in 2013, partnered with NAACP in July to launch the Black-owned Small Business Impact Fund. This organization is committed to supporting Black-owned small businesses that have been negatively impacted by the current events during COVID-19.
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The first round of funds was announced in July and applications closed on Aug. 18. The fund awarded $10,000 grants to 20 recipients for their struggling businesses.
Congratulations to our Round 1 recipients of the BeyGOOD Black-Owned Small Business Impact Fund. With the NAACP, our partner in this initiative, we are building a robust strategy that will expand our support services. Round 2 opens in September. https://t.co/4gFGnUWtjz @NAACP pic.twitter.com/H4oRBxlz5c
— BeyGOOD (@BeyGood) August 18, 2020
The application for the second round of funds opened on September 2nd. The 24-award winning artist-slash-Birthday Queen announced she is donating $1 million dollars in additional funds for the Black-owned Small Business Impact Fund.
Love what Queen Bey and @BeyGood is doing for our community. Black women are the fastest-growing group of entrepreneurs, but only receive .0006% of the venture capital pie! #investinblackwomen #SupportBlackBusinesses pic.twitter.com/AEOPZmZ4Pd
— Equerry (@EquerryCo) September 4, 2020
Fans are quick to be grateful for Beyonce’s heart and generosity. According to Billboard, Beyonce spoke out about the impact the Coronavirus pandemic has had on Black Americans during her appearance on the One World: Together at Home virtual concert back in April. “This virus is killing Black people at an alarmingly high rate here in America,” she told viewers, pointing out that Black Americans “disproportionately belong” to the workforce deemed essential workers.
Beyoncé was featured on Global Citizen’s live streamed event One World: Together at Home , where she used her time to thank essential workers and to discuss how people of color are affected by COVID-19 in much larger numbers around the country: https://t.co/QGHlMRfpJm pic.twitter.com/o8l6KZ4j3j
— The Root (@TheRoot) April 20, 2020
If you would like to donate or learn more about the amazing Black-owned Small Business Impact Fund, click here for the official website.
