Applications are open for the L’Oréal SAPMENA Big Bang Beauty Tech Innovation Program 2024. The Big Bang Beauty Tech Innovation Program is L’Oréal SAPMENA’s inaugural open innovation venture, featuring a startup competition and pilot stage. Spanning countries across South Asia Pacific, the Middle East, and North Africa (SAPMENA), it aims to identify innovative startups that can help propel L’Oréal’s Beauty Tech ambition by co-creating solutions for the future.
Eligibility
Although L’Oréal SAPMENA seeks early to mid-stage start-ups that fit the challenge themes, the Big Bang Beauty Tech Innovation Program encourages applications from companies at all stages of fundraising.
Preference during the shortlisting process will be given to companies with transformative potential that will benefit the most from the Big Bang Beauty Tech Innovation Program curriculum and strategic partner mentorship. Startups of any size and stage are welcome to apply if they fit the needs and criteria that L’Oréal SAPMENA are looking for.
Selection Criteria
Innovation: They are looking for novel yet proven solutions that are technology-driven and are backed by an existing customer base.
Scalability: They want businesses with a stable and scalable model that can bring immense growth opportunities across their wide array of brands and markets.
Sustainability: They want startups with a sustainable mindset and ideally, sustainable practices in place.
Impact On L’Oréal: They are looking for effective solutions that solve important problems for L’Oréal in significant ways.
Benefits
Trip to Singapore, home of L’Oréal SAPMENA (T&Cs apply) and inside tour of L’Oréal SAPMENA’s brands, functions, and facilities.
L’Oréal-funded co-pilot opportunity with L’Oréal SAPMENA markets and brands.
Access to the network and resources of the world’s biggest beauty company.
Personalized mentorship with key L’Oréal experts, leaders, and partners.
