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L’Oréal USA is partnering with the NAACP on a grand program. Titled the Inclusive Beauty Fund, during its inaugural round of funding, the beauty company will award 30 one-time grants of $10,000 each to Black-owned small businesses, as well as Black entrepreneurs and professional services in all sectors of the beauty industry. “As the leading beauty company in the United States, we believe that we have a responsibility to invest in the small business owners and entrepreneurs who are the lifeblood of our dynamic beauty industry. We are proud to team up with the NAACP to advance our shared mission of creating a more inclusive and equitable world during this time of great economic vulnerability for so many,” Angela Guy, chief diversity and inclusion officer at L’Oréal USA said. “We hope the Inclusive Beauty Fund will introduce us to entrepreneurs in the beauty industry that we can build strong relationships with well into the future.”

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