It is shocking but true that in the beauty industry, where most of the consumers are women, female founders are underrepresented, and from 2010-2015, only 10 percent of venture dollars globally, a total of $31.5 billion, funded startups that reported at least one female founder.
Sephora Accelerate is Sephora’s commitment to level the playing field and to encourage female founders in the beauty industry. The program consists of an intensive bootcamp, more than six months of mentorship, and an ecosystem of support for participants to take their business to the next level.
“The 10 female leaders chosen for our 2017 Cohort represent an exciting mix of product brands, cutting edge technology, and sustainability-focused entrepreneurs,” said Corrie Conrad, Head of Social Impact & Sustainability for Sephora’s press release. “We’re excited to mentor this next generation of leaders, as we march towards our goal of supporting more than 50 women-led beauty businesses with a social impact through bootcamps, mentorship, and funding by 2020.”
Meet the class of 2017:
- Adriana Oyevides, founder and CEO of Aloe Vida (Mexico City, Mexico)
- Barb Stegemann, founder and CEO of The 7 Virtues (Halifax, Canada)
- Dana Rae Ashburn, founder and CEO of ABLE Cosmetics (Brooklyn, NY)
- Jihan Thompson, co-founder and CEO of Swivel Beauty (New York, NY)
- Kirsty Williams, co-founder and co-CEO of DashHound (San Francisco, CA)
- Marta Cros, founder and CEO of The Ritualist (Brooklyn, NY)
- Mary Futher, founder and CEO of Kaia Naturals (Toronto, Canada)
- Pollini Jorio, co-founder and CEO of Brandlovers (São Paulo, Brazil)
- Sara Panton, co-founder and CEO of Vitruvi (Vancouver, Canada)
- Yve-Car Momperousse, founder and CEO of Kreyol Essence (Homestead, FL)