CÉCRED X BEYGOOD FUND
Hairstylists have an immense impact on the people in their chairs. They create a sacred space where we can show up how we want and express ourselves through our hair. We’re honored to give back to this amazing community.
Our Commitment
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.
Applications for the 2025 grant cycle are now closed. Check back for future announcements.
Cosmetology Student Scholarships
Uplifting The Next Generation of Hair Professionals
To directly support aspiring cosmetologists, $130,000 in student scholarships will be distributed across five selected cosmetology schools. Cécred and BeyGOOD selected the five institutions and awarded funding based on financial need, community impact, curriculum inclusivity, student support system, academic performance, and more.
If you are a student at one of the participating schools, please reach out to your administrator for more details about eligibility and application.