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Several salon owners have been awarded a grant from Beyoncé. As AFROTECH™ previously reported, the singer’s BeyGood foundation, in collaboration with her newly launched haircare line, Cécred, established a $500,000 annual fund. The initiative supports hairstylists in Atlanta, GA; Chicago, IL; Houston, TX; Los Angeles, CA; and New Jersey who meet specified criteria: They must be licensed for at least two years; have been in business for a minimum of one year; lease or own a suite, booth, or chair; and face financial hardship, according to the foundation’s website. Additionally, the fund includes a $10,000 scholarship opportunity for five cosmetology schools in the aforementioned markets. “Fostering talent, promoting professionalism, and supporting entrepreneurship within the hair industry is deeply important to us,” BeyGood commented on its website. “That’s why we’re partnering with Cécred to create the Cécred x BeyGOOD Fund, which celebrates the influence professional stylists have...
Beyoncé’s Cécred is looking to make an impact outside of just the haircare industry. As previously shared by AFROTECH™, the technology-backed company launched in February 2024. Testing was a big proponent in bringing the haircare line that’s “validated by science” to life. “Every hair texture deserves testing, research and development,” Beyoncé told Essence for its March/April 2024 cover story. “Black women in general are the last to be included in testing. We are often prescribed things based on studies we were not included in. It’s bigger than me, or hair. Now we have created something that celebrates healthy hair for all women, including us. I’m always honored to invest in us.” Within the same month of Cécred’s launch, BeyGood, Beyoncé’s public charity foundation, announced its Cécred x BeyGood Fund. According to its website, the annual $500,000 fund was created to give back to professional hairstylists for the impactful work they bring to their respective communities. “Fostering...
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...
Beyoncé and BeyGOOD initiative have teamed up with the NAACP to establish the Black-Owned Small Business Impact Fund, the organizations announced . The financial reserve will give $10,000 grants to small business communities directly impacted by the global pandemic. BeyGOOD announces The Black-Owned Small Business Impact Fund, administered by @NAACP assisting small business negatively impacted by recent events. https://t.co/cXwNUDOl7A pic.twitter.com/Ok1qPpEyGY — BeyGOOD (@BeyGood) July 9, 2020 “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 press release reads. “The challenges of Black business owners navigating in the climate cannot be understated, as the effects of uprisings across the nation have led to many businesses being placed in dire straits due to damages and other small business...
Rutgers University has canceled its diversity, equity, and inclusion (DEI) conference following changes in the White House administration. As AFROTECH™ previously reported, President Donald Trump placed federal employees in diversity, equity, and inclusion (DEI) roles on paid leave that went into effect immediately and “no later than 5:00pm EST” on Wednesday, Jan. 22, 2025. This followed Trump’s inauguration on Jan. 20 as “the agency takes steps to close/end all DEIA initiatives, offices and programs,” CNN reported . Now Rutgers University, a predominantly white institution, has stated they have been asked to “cease all work under the auspices of the Diversity, Equity, Inclusion, and Accessibility HUB at Jobs for the Future, which the U.S. Department of Labor funds,” NorthJersey.com reports. This was confirmed by the school’s spokesperson, who stated it “was canceled at the direction of the U.S. Department of Labor, which ceased all work that it funds through the Jobs for the...
Entrepreneur Brian Roberts has found a way to elevate his mission to amplify Black-owned businesses. He has been the proud owner of The Black Pantry since 2020 and is now set to open Good Karma Coffee in February 2024, Startland News reports. The shared space will have the two business operating side by side in a new location, which he describes as an “elevated Black coffee space.” Located at 3134 Gillham Rd. in Kansas City, MO, doors are open on an invitation basis until full launch. “Every Saturday we’ve been doing things like inviting different groups, playing with our menu, and getting the team some experience,” Roberts told the outlet. “I’d say I’ve attracted some of the best baristas in the city.” Customers visiting Good Karma Coffee can look forward to trying out locally sourced products, including signature roasts from Marcell Coffee, while also learning about the origins of their coffee. “If you want to have a pour-over in front of you, the barista can do it while...
A Black-owned plaza is making its way to Quincy, FL, in Gadsden County. According to WCTV, a variety of Black-owned businesses will be joining Seaboard Plaza. The plaza’s purpose is to increase the economic activity locally and create more jobs. Seaboard Plaza will feature the following types of businesses: Food court Barber shop Hair salon Dry cleaners Construction and real estate offices Full-scale restaurant with a private bar room Event venue “This helps to employ local people. This helps keep local money local and not take it out of town. This also provides convenience to people,” Gadsden County Economic Development Director T.J. Lewis told the outlet. General contractor Latasha Murray, a Gadsden County native, commented: “We considered what other people in Gadsden County wanted. The restaurants was one of the main ones and the cleaners ’cause we don’t have a cleaners here in Quincy as of now.” Furthermore, Seaboard Plaza is being built on the same land as the former Seaboard...
Serena Williams and her family are investors in what has now become the most valuable women’s sports franchise. In 2020, the tennis star, alongside her husband and Reddit founder Alexis Ohanian , joined a star-studded ownership group to establish Angel City FC, a National Women’s Soccer League (NWSL) team representing Los Angeles, CA, which officially launched in 2022, according to BBC Sport. Investors at the time included actresses Natalie Portman, Eva Longoria, Jennifer Garner, Uzo Aduba, and America Ferrera. Williams and Ohanian also added their daughter Alexis Olympia Ohanian Jr., who was just 2 years old at the time, as one of the team’s investors. This led Olympia to make history as the youngest owner of a professional sports team at the time, and she held onto that title until it was taken by her younger sister Adira River Ohanian, as AFROTECH™ previously mentioned. “We come together with a collective passion for bringing about change,” Julie Uhrman, Angel City FC co-founder...
Stillman College has received investments to support the success of its students. $2 Million Donation According to Tuscaloosa News, the historically Black college and university (HBCU) received a $2 million donation from founder Rev. Charles Allen Stillman’s great-grandson, Charles M. Stillman, and his wife. The investment will support scholarships, programs, and campus and faculty improvements. “This remarkable gift from Dr. Charles M. Stillman and his wife not only honors the legacy of Rev. Charles A. Stillman but also propels the college toward a stronger and more sustainable future. As part of the funds raised during the Alabama Power Community Giving Reception, it reflects the collective commitment of individuals and organizations who believe in our mission to transform lives through education,” Kimberly Woodard, Stillman College’s vice president of institutional advancement, said in the news release. Stillman College President Yolanda Page commented: “We are deeply honored by...
Several Black women-owned businesses are making their way to JFK airport. According to TRBusiness, six small, women-owned businesses based in New York will now have a new home at Terminal 8 (T8) due to a $125 million redevelopment program. They were selected through an accelerator program launched by Unibail-Rodamco-Westfield (URW) Airports. The chosen entrepreneurs were also offered adaptable deal structures and smaller storefront spaces to minimize entry hurdles and lower design expenses. “Helping local businesses access concessions opportunities at Terminal 8 is an asset for our passengers, who will enjoy products unique to New York that are made and sold by local artisans and vendors,” said Dominic Lowe, US chief operating officer of Unibail-Rodamco-Westfield, per TRBusiness. “These six local women bring the energy and enthusiasm of a small business owner to Terminal 8 while offering one-of-a-kind products, which are made right here in New York.” Lowe added, “Working with the...
Taking into consideration its network of entrepreneurs, T.D. Jakes Enterprises has launched an accessible marketplace. In 2023, the social impact holding company set out to support underrepresented entrepreneurs by addressing a critical gap. Despite the efforts of stakeholders driving meaningful change, there were no centralized systems or platforms to provide comprehensive resources. This need inspired the launch of the Good Soil Movement in April 2023. “What we didn’t find was one centralized space where entrepreneurs can not only network but actually get access to capital, access to back office support, legal help, accounting support, business plan development, understanding where they fall on the capital continuum… So out of that, we created Good Soil,” Michael Phillips, chief operations officer of T.D. Jakes Enterprises, told AFROTECH™. Nourysh Good Soil has set an ambitious goal: to empower 1 million small business owners to generate $1 million in revenue each. To advance this...
Being in the right place at the right time paid off for Jade C. Williams. Williams, a product leader, says the technology sector found her. A proud Howard University alumna with a bachelor’s degree in economics, she originally aspired to become a business owner and CEO. However, her career took an unexpected turn when Deloitte, a consulting firm, reached out to her. In 2014, she joined the company as a business technology analyst and, within two years, earned a promotion to product management consultant. “That was my first exposure into tech and I did more tech advisory work on the business side for Deloitte. So that was the entry point to me for me doing product management and product advisory work across like Fortune 100 companies in the federal government,” she said during an interview with AFROTECH™. Williams earned two additional promotions before leaving after six years. Her following job opportunities would result from attending and being present at the AFROTECH™ Conference....
Mielle Organics will be providing scholarships and more to Hampton University’s female athletes. According to a news release, Mielle Organics, led by Monique Rodriguez (founder and CEO), and Hampton Athletics have cemented a multi-year partnership with the Historically Black College and University (HBCU) for its women’s basketball team. “We are honored to partner with Mielle,” Tamisha Augustin, Hampton women’s basketball head coach, expressed in a news release . “Mielle is an innovator in textured hair products and care. We value our relationship and appreciate their efforts in proudly contributing to the success of our program.” What’s more, the partnership will include an initial $200,000 donation, with another $100,000 being allocated to scholarships for the student-athletes through Rodriguez’s philanthropic initiative, Mielle Cares, which she co-founded with her husband, Melvin Rodriguez. Already serving as the WNBA’s first textured hair care partner, Mielle’s business...
Students can now lean into Google’s AI assistant for college application readiness. According to a blog post from Google, it has launched Gemini to streamline tasks for users such as researching new topics, providing advice, planning events, and generating ideas. View this post on Instagram A post shared by Google Gemini app (@googlegemini) It can be connected to apps such as Gmail, Google Calendar, Maps, and YouTube and is available in English and Spanish, with the company planning to expand to additional languages. The feature is also a helpful tool for those who are looking for guidance as they prepare for the college admission process, and particularly first-generation college students. According to Reality Changers, these students often do not receive college readiness or familial guidance and have less financial stability. This could later result in lower self-esteem and make the transition to college more difficult. “The college application process can be daunting: There is...