Beyoncé has done it again.
From using her platform to speak to the masses about current social issues, to transforming her website into a marketplace for Black businesses, Beyoncé is all about uplifting the community.
The superstar, who is known for making significant financial contributions to important causes, is now taking her commitment a step further.
On Wednesday, Sept. 2, it was announced via Instagram that her BeyGOOD foundation will be donating an additional $1 million dollars toward a new effort to support small Black-owned businesses.
“Proud to announce $1M in additional funds from Beyoncé to help Black-owned small businesses,” read the message.
The post also announced that applications for the Black-Owned Small Business Impact Fund is opening applications for its second round.
The initiative was launched back in July as a partnership with the BeyGOOD Foundation and the National Association for the Advancement of Colored People (NAACP).
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On Aug. 18. the inaugural round of winners was announced. The 20 Black entrepreneurs were recipients of a $10,000 business grant.
“With the NAACP, our partner in this initiative, we are building a robust strategy that will expand our support services,” said the BeyGood foundation in a statement.
Some of the winners included: Curl and Co, Aim High Prep, Lee Lee’s Bakery and Ivy Leaf Farms.
For more information on how to apply or donate to the fund, visit the NAACP’s website.
