Beyoncé’s BeyGOOD foundation has announced a major expansion of its Cécred grant program for salon and barbershop owners. The initiative now offers $500,000 in funding to beauty entrepreneurs nationwide. Each selected applicant will receive $10,000 grants to support their small businesses.
The program targets licensed barbers, hairstylists, and cosmetologists with at least two years of experience. Applicants must demonstrate financial hardship and provide proof of shop ownership or lease agreements. The grants are designed to strengthen small businesses without requiring repayment.
This expansion marks a significant increase from the program’s previous scope. Earlier rounds restricted applications to just five cities including Atlanta, Chicago, and Houston. Now beauty professionals across the entire United States can apply for this life-changing opportunity.
Cécred x BeyGOOD Grant Program Provides Comprehensive Business Support
The partnership with the National Minority Supplier Development Council (NMSDC) offers more than just financial assistance. Recipients will gain access to valuable business development tools and resources through the organization. This comprehensive approach helps ensure long-term success for grant winners.
Thirty-seven selected applicants will receive the full $10,000 grants from the program. Additionally, non-selected finalists won’t leave empty-handed from the application process. They will receive group coaching sessions and Minority Business Enterprise (MBE) certification resources.
The program recognizes that financial support alone isn’t enough for sustainable business growth. Therefore, the additional resources help entrepreneurs develop crucial skills and connections. These tools can prove invaluable for expanding their businesses and serving more clients.
BeyGOOD Celebrates Sacred Impact of Hairstylists in Black Communities
The foundation’s website highlights the profound influence hairstylists have on their clients’ lives. “Hairstylists have an immense impact on the people in their chairs,” the organization states. These professionals create safe spaces where people can express themselves authentically through their hair.
BeyGOOD recognizes that salons and barbershops serve as cultural hubs within Black communities. These establishments provide more than just hair services—they offer connection, conversation, and community support. The grant program honors this important social role that beauty professionals play.
“They create a sacred space where we can show up how we want and express ourselves through our hair,” BeyGOOD explains. The foundation feels honored to give back to this amazing community of dedicated professionals. This recognition validates the cultural significance of Black hair care businesses.
Cécred Brand Launch Sparks Broader Educational and Business Initiatives
The grant program launched alongside Beyoncé’s Cécred hair care brand in February 2024. The timing reflects the singer’s commitment to supporting the entire beauty ecosystem. Her brand success directly translates into opportunities for other entrepreneurs in the field.
Beyond business grants, the fund has already distributed $130,000 in cosmetology student scholarships. These educational investments help train the next generation of beauty professionals. The dual approach supports both current business owners and future industry leaders.
The scholarships and grants create pathways for beauty leaders to serve their communities more effectively. This comprehensive strategy ensures sustainable growth within the Black beauty industry. Future generations will benefit from both financial support and professional development opportunities.
Application Deadline Approaches for Nationwide Beauty Entrepreneur Grants
Interested salon and barbershop owners must submit applications by June 13 through BeyGOOD’s website. The application process requires documentation of professional licensing and business ownership or lease agreements. Applicants must also demonstrate financial need to qualify for consideration.
The expanded program represents BeyGOOD’s ongoing commitment to empowering beauty entrepreneurs across America. Previous regional limitations prevented many qualified candidates from accessing these valuable resources. Now the nationwide reach ensures no deserving professional gets overlooked due to geographic restrictions.
The foundation encourages all eligible beauty professionals to apply before the deadline passes. These grants can provide the financial boost needed to expand services, upgrade equipment, or stabilize operations. The combination of monetary support and business resources creates unprecedented opportunities for growth in the Black beauty industry.
