L’Oréal UK and Ireland and The Good Business Festival have re-launched the L’Oréal Beauty Tech For Good Challenge to find and support the region’s most exciting good business start-ups.
Due to the postponement of the competition last year as The Good Business Festival was cancelled due to Covid, the competition has now been rescheduled to take place in March 2022. As such, the competition will be re-opening to new entrants (alongside the candidates that were shortlisted last year) who are invited to submit an application between 23 February and 9 March 2022 (please see updated terms and conditions in the link below).
The competition is open to start-ups offering responsible, sustainable and inclusive beauty tech, and the first-place winner will receive a 4-month acceleration programme from L’Oréal. The runner-up will receive an invitation to a networking dinner with senior L’Oréal management, along with four hour long mentoring sessions. As the UK and Ireland’s biggest beauty player, with over 30 leading brands including Lancôme, YSL Beauty and Maybelline, L’Oréal is also a leader in beauty tech and has invested in and mentored over 50 start-ups in this space.
This project is part of L’Oréal For the Future – L’Oréal Group’s sustainability commitments for 2030.
The competition is open to any start-ups offering responsible, sustainable and inclusive beauty tech – whether you already have a product in the market or just a brilliant idea. The first-place prize is a 4-month acceleration programme from L’Oréal to get you ahead of the game and give your business the best possible chance for success. The runner-up will receive an invitation to a networking dinner with senior L’Oréal UK & Ireland management, along with four hour long mentoring sessions to give you the opportunity to gain some advice and insight into the Beauty world!
The L’Oréal business development team have invested in and mentored over 50 start-ups in this space, so you’re in really great hands. You’ll get to learn from one of the biggest global brands in beauty tech and gain expert insight from the L’Oréal team and our brilliant judges.
Applications are open from the 23 February 2022 and will close on the 9 March 2022. Shortlisted candidates will be expected to be available to pitch at The Good Business Festival on 23rd March.
Finalists will be invited to the live festival in March to meet the judging panels and a winner and a runner-up will be chosen.
You must be 18+ and based in UK and Ireland
How to Enter:
Just email your application in the form of a PowerPoint/PDF which outlines your business or idea to ‘[email protected]’ by the 9 March 2022 – good luck!
Please make sure to read the terms and conditions which you can download here.
The Good Business Festival is passionately non-exclusive. It’s not about what you do or who you know. It’s not about agreeing on everything all of the time. It’s about everyone working towards a better world – no matter where you’re starting from.