Beyoncé's BeyGOOD Foundation to support students, entrepreneurs with $2 million on Renaissance World Tour

Beyoncé will provide support to students and entrepreneurs on her upcoming Renaissance World Tour by giving out a total of $2 million through her BeyGOOD Foundation.

Since the BeyGOOD initiative was founded in 2013, it has undertaken various philanthropic endeavors in the U.S. and worldwide, including providing aid to communities affected by natural disasters, promoting education and supporting programs that address issues such as housing scarcity and mental health. It has also provided grants to small, Black-owned businesses — a focus since the start of the COVID-19 pandemic.

Now, as a foundation, BeyGOOD will host luncheons in cities along the Renaissance World Tour, which kicks off in May and is scheduled to run through September. Entrepreneurs will have a chance to win grants that are slated to go to small businesses, totaling $1 million.