Beyonce Donates Additional $1 Million To Help Black-Owned Small Businesses


Beyoncé celebrated her 39th birthday on September 4th, and on her big day, she continued to do her part and give back — the superstar donated $1 million to help Black-owned small businesses.

Queen Bey's BeyGOOD shared on social media, "Proud to announce $1 million in additional funds from Beyoncé to help Black-owned businesses. Round two of funding opens this month with our partner, NAACP."

Back in July, Beyoncé partnered up with the NAACP on their Black-Owned Small Business Impact Fund, which as explained on their Instagram, assists "small businesses negatively impacted by recent events. The NAACP is proud to partner with BeyGOOD to help strengthen small businesses and to ensure economic empowerment for Black businesses."

Round one of applications for the Black-Owned Small Business Impact Fund closed in late July just a few weeks after it was initially announced, with the recipients receiving grants announced in August. The second round of applications opens this month.

Donations can be made to the fund and businesses can apply via NAACP's official website.

Many businesses across the country were affected by the COVID-19 pandemic, and continue to be, especially small businesses. Back in April, during the "One World: Together at Home" concert, Bey explained of how the pandemic has affected the Black community:

"Black Americans disproportionately belong to these essential parts of the workforce that do not have the luxury of working from home and African American communities at large have been severely affected in this crisis. Those with preexisting conditions are at even higher risk." She added, "This virus is killing black people at an alarmingly high rate here in America. A recent report from my home city Houston, Texas showed that COVID-19 within city limits, 57% of fatal cases are African American. Please protect yourselves. We are one family and we need you. We need your voices, your abilities and your strength all over this world."

Photo: Getty Images