As Beyoncé Giselle Knowles-Carter gears up for her Renaissance World Tour, the singer has announced she will donate $2 million of the tour’s proceeds to students and entrepreneurs through her BeyGOOD Foundation. 

The tour, which kicks off in May and runs through September, will disperse $100,000 to 10 colleges and universities along its route through the Renaissance Scholarship Fund. 

The tour will also lead into the foundation’s next phase of the Black Parade Route, a program “to celebrate people, communities, and small businesses impacted by economic inequities worldwide” with $1 million.

Through luncheons scheduled around the tour, entrepreneurs will have a chance to win small business grants.

“The goal is to celebrate small business owners with relief grant opportunities and valued business support services offered by global partners to aid in business sustainability,” according to the BeyGOOD website. 

One hundred entrepreneurs will be selected in cities along the tour’s route — including London, Chicago, New York City and Beyoncé’s hometown of Houston — to attend the Black Parade Route Luncheons. 

“From scholarships to the water crisis in Burundi, to helping families during Hurricane Harvey in my hometown, Houston, it has been beyond fulfilling to be of service,” Beyoncé said in a news release.

“Now as a foundation, we will continue the work of engaging partners through innovative programs to impact even more people.”

The BeyGOOD initiative, founded in 2013, has provided aid to communities affected by natural disasters, invested in education and supported programs to address housing scarcity and mental health.

It supports organizations serving marginalized communities, with a focus on economic equity and education. 

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