SheaMoisture announces $1M relief fund to women of color entrepreneurs affected by coronavirus

The fund aims to minimize financial hardships minority and black-owned businesses are facing from COVID-19 and show the power of small businesses.

Haircare and beauty brand, SheaMoisture and its parent company, Sundial Brands, has announced a $1 million relief fund to help support women of color entrepreneurs and minority-owned businesses affected by coronavirus.

SheaMoisture is also rolling out new initiatives under the fund that include cash grants and an e-learning lab for women of color entrepreneurs. Funds will be awarded to women minority-owned businesses that are finding innovative ways to reach and support their community and customers.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

USATODAY /  🏆 100. in US

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Blake Lively and Ryan Reynolds Announce They've Donated $1 Million for Coronavirus Relief'We can all do something for one another, even if that’s simply staying home.'
Read more »

Rihanna's Foundation Just Donated $5 Million to the COVID-19 Response EffortsRihanna's foundation, Clara Lionel, is donating $5 million to coronavirus relief efforts, per the foundation's website.
Read more »

Oprah Donates $10 Million To Coronavirus ReliefOprah Winfrey is pledging $10 million to coronavirus relief efforts, including $1 million to feed Americans.
Read more »

Sony Unveils $100 Million Coronavirus Relief FundJapan’s entertainment and technology giant Sony has unveiled a $100 million fund to support people around the world affected by the coronavirus. Announced on Thursday, the fund is intended to help …
Read more »

SheaMoisture Launches $1 Million Fund for Women of Color Entrepreneurs and Small Businesses Impacted by Covid-19'We will continue to show up for our community, women of color and small minority businesses during this time.'
Read more »

Live Nation Launches $10M Fund to Support Concert Crews Affected by CoronavirusLive Nation has established the Crew Nation fund to help support concert crews around the world impacted by coronavirus.
Read more »