02/27/2014 AT 02:15 PM EST
The seventh annual Essence
magazine Black Women in Hollywood luncheon kicks off Thursday, and you can catch all of the red carpet action on PEOPLE.com.
The stars start arriving at 2:30 p.m. ET at the Beverly Hills Hotel for the event, which honors African-American women in the entertainment industry.
This year's top honorees include Lupita Nyong'o
, receiving an award for best breakout performance for 12 Years a Slave
, as well as Academy of Motion Picture Arts and Sciences president Cheryl Boone Isaacs, who will receive the Trailblazer Award, and Ava DuVernay, a writer, producer, director and independent filmmaker, who will be honored with the Visionary Award.
The event will also celebrate the 50th anniversary of the Civil Rights Act, which was signed in 1964. A tribute will honor Cicely Tyson
, Diahann Carroll
, Nichelle Nichols, Jim Brown, Clarence Williams III and Denise Nicholas.