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 on hair health and the critical importance of advocating for the salon community.”

The fund had announced four rounds of grant recipients since its launch in February 2024. Winners are provided $10,000 each to empower their businesses.

“The Cécred x BeyGOOD Fund remains committed to uplifting and empowering cosmetologists, and with each grant, we are supporting awardees as they continue to make a positive impact in their communities,” a shared post between Cécred and the BeyGood Foundation read.

Its fifth and final round for 2024 was announced on Dec. 20, 2024.

Check out the recipients below:

  • Ashley Alexis Studios (Atlanta, GA)
  • Hair Cutters (Houston, TX)
  • Polished Crown (Chicago, IL)
  • Polished Hair Studio (New Jersey)
  • Right and Proper (Los Angeles, CA)

“OMGGGGGGG WHAT AN HONOR!!!! MY GOD. THANK YOU THANK YOU THANK YOU! THANK YOU @cecred and @beygood FOR SEEING ME AND MY BUSINESS @polishedcrownstudio ! WHAT A YEAR,” Celeste Reed, founder of Polished Crown, wrote on Instagram.

 

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For those interested in applying for the salon business grant or scholarship, stay tuned for updates regarding the 2025 application process.