Friday, April 19, 2024

Beyoncé’s BeyGOOD Teams with NAACP to Award $10K Grants to Black-Owned Businesses

Beyoncé

*Beyoncé’s BeyGOOD foundation has teamed with the NAACP to grant small Black-owned businesses financial aid in wake of the coronavirus pandemic.

The Black-Owned Small Business Impact Fund will award the grants to businesses in five major cities—Houston, Atlanta, New York, Los Angeles, and Minneapolis.

“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 needs,” the NAACP website reads.

Select applicants will be awarded $10,000 to help their businesses open during the ongoing COVID-19 crisis, Forbes reports. 

To be eligible for the grant, applicants must be a “black-owned small business owner” and be able to “provide property damage or replacement estimate,” per the guidelines.

Submissions are now open through July 18th. Applicants will receive notification of their status July 31st. 

Click here to see if you are eligible and apply. 

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In related news, Beyoncé scored a legal victory last week over the trademark of her daughter’s name, Blue Ivy Carter

Here’s more from Complex:

According to a report from Law and Crime, the Trademark Trial and Appeal Board (TTAB) sided with the Lemonade singer after a Massachusetts wedding planner attempted to block her attempt to secure the intellectual property rights for her 8-year-old’s name. 

The wedding planner, Veronica Morales, reportedly owns a business named Blue Ivy Events, which she founded prior to Blue Ivy’s birth in 2012. Morales filed a “notice of opposition,” claiming that the similarity of the names would create a “risk of confusion between the two.” 

She cited an old JAY-Z interview in her case. Back in 2013, the rapper dished with Vanity Fair about protecting his daughter through legal means if necessary.

“People wanted to make products based on our child’s name, and you don’t want anybody trying to benefit off your baby’s name. It wasn’t for us to do anything; as you see, we haven’t done anything,” he said. “First of all, it’s a child, and it bothers me when there’s no [boundaries]. I come from the streets, and even in the most atrocious shit we were doing, we had lines: no kids, no mothers— there was respect there. But [now] there’s no boundaries. For somebody to say, This person had a kid—I’m gonna make a fuckin’ stroller with that kid’s name. It’s, like, where’s the humanity?”

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