Chichi Eburu knows a thing or two about the challenges of starting a beauty business—and the extra set of challenges that come along with being a Black business owner today. That's why the founder of cosmetics brand Juvia's Place created a small business grant to assist six U.S.-based Black-owned businesses. The $300K grant program will award $50K each to six entrepreneurs.
“As a Black-owned business, I understand first-hand the financial obstacles Black entrepreneurs face,” Eburu said in a statement. “I started Juvia’s Place with just $2,000 and a dream. I, like so many others, didn’t have access to lending, or a trust fund. My business was built with minimal financial resources, but I had a supportive community to lean on. That community support was essential to my business growth. I found mentors and customers that believed in my product and helped to make my dream a reality. I appreciate the support, and want to make sure I can provide an opportunity to other Black entrepreneurs who are looking to grow their businesses.”
The application deadline is August 31. Click here to apply.