Bellator 294: Carmouche vs. Bennett 2 is a mixed martial arts event produced by Bellator MMA that took place on April 21, 2023, at the Neal S. Blaisdell Arena in Honolulu, Hawaii, United States. The opening bout of a two-night doubleheader saw flyweight champion Liz Carmouche defending her title against DeAnna Bennett on April 21 at the Neal S. Blaisdell Center in Honolulu. Bennett and Carmouche previously squared off in September 2020, with Carmouche submitting Bennett in both fighters' Bellator debuts.

This event was the first-ever MMA event produced by Most Valuable Promotions, which also aired on Netflix. A women's featherweight bout between former Strikeforce and UFC Women's Bantamweight Champion Ronda Rousey and Gina Carano served as the event headliner. A five round welterweight bout between The Ultimate Fighter 5 lightweight winner Nate Diaz and Mike Perry took place as the co-main event.