About The $1Million Fund
SheaMoisture announced, under its long-established Community Commerce business model, a $1 Million Fund to support entrepreneurs of color and small businesses.
The grant intends to show the power of small/black-owned businesses to help communities, while also hoping to minimize the financial disruptions that many are experiencing from the current global crisis.
This is one of the largest corporate announcements of funds solely supporting minority and women of color business owners.
We know that now, more than ever, corporate social impact can be instrumental in community success. With the announcement of the Fund, we welcome the opportunity to work with partners and influencers as we launch a series of planned initiatives that we have begun to roll out. We likewise extend our support to any initiatives that you or your networks are currently executing during this time.
About SheaMoisture Community Commerce:
At SheaMoisture, we invest proceeds from every purchase into the community. When you purchase SheaMoisture, you are investing in women globally. Our educational and entrepreneurial programs are designed to create an inclusive and thriving society from the US to Africa. To date, you have helped us fund millions in education, healthcare, safety, and fair wages.
Our handcrafted shea butter is sourced directly from Ghana, where your proceeds are developing critical community infrastructure in Ghana such as a safer work environment, access to healthcare, and piped water that boosts production capacity and quality. In the U.S, investments are made in entrepreneurial and educational programs that empower women and transform communities.