Cécred x BeyGOOD Fund
We’re proud to announce that Cécred and the BeyGOOD Foundation is deepening the investment in the beauty industry and the professionals who bring it to life. This year, the Cécred x BeyGOOD 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 supporting the next generation of hairstylists through scholarships to cosmetology students.
Cécred x BeyGOOD Salon & Barbershop Business Grants
Empowering Entrepreneurs Nationwide
Running your own business comes with its challenges, and this grant is designed to support your continued impact in your community. Cécred x BeyGOOD 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.
Applications for the salon business grants are officially open May 23, 2025 and close June 13, 2025.
Cécred x BeyGOOD 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.
Participating schools include:
● Cosmetology Institute of Las Vegas (Las Vegas, NV)
● Bennett Career Institute (Washington, DC)
● Civella Beauty Academy (Goldsboro, NC)
● Detroit Extravagant Academy (Detroit, MI)
● Universal College of Beauty (Los Angeles, CA)
If you are a student at one of the participating schools, please reach out to your administrator for more details about eligibility and application.