Business Resources
Juvia’s Place Founder Launches $300K Grant Program For Black Businesses
The application deadline is August 31 at 11:59pm EST.
It’s one thing for big banks and other entities with deep pockets to drop coins on Black businesses during this time of pull up or shut up. But it’s so much more inspiring to see other Black businesses reaching back to help support businesses.
The latest to give us such joy is cosmetics brand Juvia’s Place. Brand founder Chichi Eburu just announced the Juvia’s Place Small Business Grant to help eradicate financing challenges many Black entrepreneurs face. The $300K grant program will award $50K each to six U.S.-based Black-owned businesses.
“As a Black-owned business, I understand first-hand the financial obstacles Black entrepreneurs face,” shared Eburu in a recent 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 at 11:59pm EST. Click here to apply now.
