L'Oréal USA and NAACP Debut New Fund for Black-Owned Small Beauty Brands
Grace Mahas — February 2, 2021 — Social Good
References: cosmeticsbusiness
L'Oréal USA recently launched the new Inclusive Beauty Fund in partnership with the National Association for the Advancement of Colored People (NAACP) – the leading civil rights organization in the United States. The initiative will serve black-owned small beauty businesses, entrepreneurs, and professional services providers with 30 one-time grants of $10,000 USD each.
Yumeka Rushing, the Chief Strategy Officer for NAACP, commented on the Inclusive Beauty Fund, stating: “Black-owned small beauty businesses are the heartbeat of their neighborhoods, and beauty business owners are navigating tremendous challenges stemming from the Covid-19 and recent events. The NAACP is proud to partner with L’Oréal USA to help support these entrepreneurs and ensure the longevity of the services and community their businesses provide.”
Image Credit: L'Oréal USA, NAACP
Yumeka Rushing, the Chief Strategy Officer for NAACP, commented on the Inclusive Beauty Fund, stating: “Black-owned small beauty businesses are the heartbeat of their neighborhoods, and beauty business owners are navigating tremendous challenges stemming from the Covid-19 and recent events. The NAACP is proud to partner with L’Oréal USA to help support these entrepreneurs and ensure the longevity of the services and community their businesses provide.”
Image Credit: L'Oréal USA, NAACP
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