On the recent ESSENCE Festival of Culture, SheaMoisture took to the stage with their partner, the Latest Voices Foundation, to empower Black entrepreneurs and reveal three Black-owned businesses whose lives modified immediately.

SheaMoisture Next Black Millionaire Fund
Launched in 2021, the fund is an element of SheaMoisture’s longstanding commitment to reinvesting within the Black community and goals to shut the $11 trillion-dollar racial wealth gap. “For the last two years, SheaMoisture has doubled down on its commitment to our consumer and community, and we’re thrilled to rejoice our collective culture, legacy, and future,” said SheaMoisture CEO Cara Sabin.

Meet the Winners
Each business receives $100,000 in innovation seed funding, access to executives who will share their recipes for fulfillment, plus mentorship and training from the Latest Voices Foundation. The three winners are: Neil Hudson from Atlanta based sauce brand Scotch Boyz, Latoya Stirrup from Miami haircare brand Kazmaleje, and Dorian Morris from Los Angeles based beauty brand Undefined Beauty.

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