L’Oréal SAPMENA’s Big Bang Beauty Tech Innovation Program

L’Oréal SAPMENA’s first open innovation project, the Big Bang Beauty Tech Innovation Program, including a startup competition and pilot stage. With a focus on South Asia Pacific, the Middle East, and North Africa (SAPMENA), it seeks to find cutting-edge entrepreneurs that can support L’Oréal’s ambitions in Beauty Tech by collaborating to develop future solutions.

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.

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.

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.

Application:

• 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:: May Identify a challenge your startup can solve and apply
• Application Deadline: July Applications 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

Click here to apply