Beyoncé’s nonprofit organization BEYGOOD and the NAACP partnered this summer to launch their ow n Black-Owned Small Business Impact Fund. Now after over 17,000 entrepreneurs have applied for the grant program, one lucky business has announced themselves as one of the recipients. In an announcement via Instagram, The Gift — a natural health and wellness company that was founded in 2018 — received a grant value of $10,000 from BEYGOOD and the NAACP’s joint venture. The wellness company shared the news in an Instagram Post where they explained how the generous grant will help them grow and expand their business.   View this post on Instagram   A post shared by The Gift (@completelygifted) “We are so humbled and grateful to be selected out of 17,000 applicants for a grant from the Queen Bee herself, Beyoncé and BeyGOOD in partnership with the NAACP!” the post stated. “The grant is helping us re-launch our new sustainable packaging, launch a new website, and our education platform...

There has been a significant increase in Black women-owned businesses in recent years. According to Fast Company, Black women are starting businesses at a remarkable rate in all industries but remain underfunded. While women sometimes apply for personal or business loans for venture capital, there are a number of grants and contests that will help fund the abundance of entrepreneurial dreams springing forth with less financial requirements and hangups attached. Fund your business ASAP with these five opportunities for free money. Legacy Award Have you considered what your legacy will be? Essence and Pine-Sol have teamed up to offer a Black woman entrepreneur a $100,000 award in order to take her business to the next level. Whether it’s a jewelry design business, a start-up food truck or a newly established record label, to take home this hefty grant, the business must simply be registered. Build your legacy and apply by April 15, 2020. Amber Grant Named in honor of the memory of...