Beyoncé's BeyGOOD and Cécred Fund Announce $500K Beauty School Scholarship and More News – Social Life

BeyonceThrough it Your good The Foundation recently announced an innovative initiative in collaboration with its new foundation Secred The hair care line, aims to empower budding hairstylists and small beauty businesses.

This initiative emphasizes the influential role that hairdressers play in enhancing individual expression and creating a unique space to display oneself through hairdressing. The foundation’s statement on Tuesday, February 20, stressed their commitment to contribute positively to this vibrant community.

Coinciding with the debut of Beyoncé's Cécred hair care venture on the same day, the project, called the BeyGOOD x Cécred Fund, pledges an annual contribution of $500,000. This fund is dedicated to providing cosmetology education scholarships and business grants to salons, with a focus on cities such as Atlanta, Chicago, Houston, Los Angeles, and Clementon, New Jersey.

The initiative highlights the critical role that professional hairdressers play in maintaining healthy hair and emphasizes the importance of supporting the salon industry. An amount of US$250,000 has been allocated for scholarships that will benefit students enrolled or accepted into selected beauty academies in the above-mentioned cities.

Eligibility for these scholarships is based on proof of financial need, and application details were made available on the BeyGOOD Foundation website as of Tuesday, with the application period ending on March 20. The recipients are scheduled to be revealed on April 20.

In parallel, salon owners in these cities can also benefit by allocating another $250,000 for business grants. Eligibility criteria require applicants to be licensed professionals in the beauty industry, provide proof of salon ownership or lease, have at least one year of business experience, and demonstrate financial need.

Grants designed to support small businesses in the beauty industry will be distributed five times a year in each city. The application process mirrors the scholarship process, with the first round of recipients being announced on April 20, following a similar schedule throughout the year.

Furthermore, the launch of Beyoncé's hair care collection introduces eight innovative products designed to cater to a wide range of hair types, celebrating the diversity of hair care solutions. Not only does this move represent an important step for the hair care industry, but it also reinforces Beyoncé's commitment to promoting growth and resilience within the beauty community.

“The journey to creating Cécred has been years in the making, and I'm so proud to finally reveal what we've been working on. As a Black founder, it was important for me to focus on where I see the greatest need for healthy hair care and place scientific innovation and performance,” Beyoncé said in a press release. The product is above everything else.”

“We started by prioritizing the needs of hair textures like mine, along with other types and textures that need more moisture and strength. Throughout my life and career, I've styled my hair in many different ways: natural, ironed, braids, colored, weaves, and wigs. I want everyone to have the freedom to express their hair in ways that make them feel good, so I set out to create essentials for healthy hair and scalp.

“My vision is to be an inclusive force for excellence in the hair care industry while celebrating hair rituals across global cultures and helping to dispel hair myths and misconceptions from all aspects.”