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Home » Scholarships » L’Oréal SAPMENA’s  Big Bang Beauty Tech Innovation Program 2024 for early to mid-stage start-ups. – Opportunities For Africans

L’Oréal SAPMENA’s  Big Bang Beauty Tech Innovation Program 2024 for early to mid-stage start-ups. – Opportunities For Africans


Application Deadline: 13 July 2024, 11:59PM Singapore Time (GMT+8).

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.

Themes

  • CONSUMER EXPERIENCE: Using technology to design flawless online and offline experiences that drives consumer engagement with our brands in an appealing and personalized way.
  • CONTENT: Creating and/or adopting high-quality and on-brand content at scale.
  • MEDIAAnalyzing and optimizing media for efficiency and effectiveness.
  • NEW COMMERCE: Reinventing or enhancing the existing e-commerce model to create exciting and engaging experiences for our consumers.
  • TECH FOR GOOD: Harnessing the power of technology to drive positive social and environmental impact to foster inclusivity and enhance sustainability.

Eligibility Criteria

  • 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. 

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
  • All semi-finalists and finalists will have the opportunity to attend a pitch training and preparation session, including one-to-one coaching.

Application Process

APPLICATION: CALLING ALL STARTUPS!

  • Submit your application online with all necessary and supporting documents.

At the form, you should first select the region that your business is incorporated in, or mainly operating out of – you can choose between India, or Southeast Asia.

SEMI-FINALS

After the submission deadline, all applications will be reviewed by a panel of evaluators and experts.

Once evaluated, 10 startups will be shortlisted* to pitch at the regional semi-finals happening virtually for India and Southeast Asia respectively.

Timeline:

  • Open for Submissions:: MayIdentify a challenge your startup can solve and apply
  • Application Deadline: JulyApplications close 13 July, and the shortlisting process begins over the next 3-5 weeks
  • Shortlisting Applications: AugustL’Oréal will select top 20 startups for regional semi-finals (India & SEA)
  • India
    Semi-Final
    September 1110 startups are shortlisted for the India regional semi-finals, and 3 finalists will advance
  • Southeast Asia
    Semi-Final
    September 3010 startups are shortlisted for the Southeast Asian regional semi-finals, and 3 finalists will advance
  • Grand
    Finale
    October 23Up to 10 Grand Finalists in total across the SAPMENA region will pitch at the Grand Finale in Singapore

For More Information:

Visit the Official Webpage of the L’Oréal SAPMENA’s  Big Bang Beauty Tech Innovation Program 





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