Cécred x BeyGOOD Fund

Cécred x BeyGOOD Fund is sponsored by Cécred and the BeyGOOD Foundation. Offers $10,000 grants to salon and barbershop owners who have demonstrated financial hardship.

The Cécred x BeyGOOD Salon & Barbershop Business Grant Program - NMSDC The Cécred x BeyGOOD Salon & Barbershop Business Grant Program Home Learn & Grow The Cécred x BeyGOOD Salon & Barbershop Business Grant Program The Cécred x BeyGOOD Fund is back—and now, it's nationwide.

We’re proud to announce that Cécred and the BeyGOOD Foundation launched the second iteration of the Cécred x BeyGOOD Fund, deepening the investment in the beauty industry and the professionals who bring it to life. This year, the Fund is available nationwide—expanding reach, empowering stylists, fueling entrepreneurship, and honoring the vital role salons play in their communities.

With a $500,000 commitment, the Fund will focus on two initiatives: providing capital and business development to salons and scholarships to cosmetology students. Salon & Barbershop Business Grants – Empowering Entrepreneurs Nationwide The Cécred x BeyGOOD Fund is proud to offer $370,000 of the $500,000 commitment to award $10,000 business grants to 37 salon and barbershop business owners who have demonstrated financial hardship.

These grants are designed to empower licensed entrepreneurs with the resources they need to grow and thrive. In addition to financial assistance, these grants are designed to provide access to critical business development tools, mentorship and resources provided by The National Minority Supplier Development Council (NMSDC).

The top 40% of non-selected finalists will receive extended support including group coaching and Minority Business Enterprise (MBE) certification resources. Eligibility Requirements: Please review the application criteria carefully before applying below .

Minimum of 2 years of experience as a licensed barber, hairstylist, or cosmetologist Demonstrated financial hardship Proof of salon or barbershop business ownership or a lease agreement for a salon, suite, booth, or chair In business for at least 1 year *Thirty-seven (37) grants will be awarded across each market on the following timeline: Applications Open: May 23, 2025 Applications Close: June 13, 2025 Please contact beygood@nmsdc.

org for questions about this program. Please use the following form to apply for the Cécred x BeyGOOD Salon & Barbershop Business Grant Program. Fields with a red star denote mandatory fields.

Thirty-seven (37) $10,000 Salon & Barbershop Business Grants will be awarded to salon owners nationwide. Accessing Capital and Contracts NMSDC Concludes Inspiring Final Day of COECP 2. 0 Value Innovation Program – Cohort 2 Kickoff NMSDC Concludes Inspiring Final Day of COECP 2.

0 Value Innovation Program – Cohort 2 Kickoff Business Consortium Fund: A Legacy of Capital Access and Entrepreneurial Growth Business Consortium Fund: A Legacy of Capital Access and Entrepreneurial Growth A Guide to Business Certifications for Small Business Owners A Guide to Business Certifications for Small Business Owners 9 Best Small Business Startup Loans for Minorities 9 Best Small Business Startup Loans for Minorities NMSDC Anti-Discrimination Statement As a national network of business leaders, entrepreneurs, and industry professionals, NMSDC is committed to maintaining a fair, professional, and lawful environment in all areas of its operations.

NMSDC does not engage in or tolerate unlawful discrimination in employment, corporate membership, program participation, or organizational practices, consistent with applicable law. Minority Business Enterprise (MBE) certification is an ownership-based eligibility designation. NMSDC does not award contracts, guarantee business outcomes, or control procurement decisions.

Participation in NMSDC employment, corporate membership, events, and general programming is open and voluntary, consistent with applicable law.