Ulta Beauty Launches MUSE Accelerator To Support Early-Stage BIPOC Founders

Preparing assorted founders for retail readiness, Ulta Beauty has introduced the MUSE Accelerator.

Program Will Involve Mentorship From Black Female Sunscreen Founder Shontay Lundy

In accordance to a push release, the inaugural plan will introduce early-phase BIPOC attractiveness makes to a community aiming to empower their entrepreneurial journey. Participants can appear ahead to means coupled with mentorship from Black Girl Sunscreen founder Shontay Lundy, founder of BeautyStat Ron Robinson, CEO of BLK/OPL Desirée Rogers CEO,  and founder of Rizos Curls Julissa Prado.

Tale carries on

“Having created and released a model from principle to aisle, I recognize the important great importance of mentors as guides together the way – especially as a minority navigating new territories,” said Lundy, according to a push launch. “I was fortuitous to have had such aid and honored to have the possibility to shell out it ahead as a result of Ulta Beauty’s MUSE Accelerator.”

Participants Will Get $50k To Bolster Enlargement

Starting in September, eight minority elegance brand selectees will receive $50,000 in money backing. The funding is intended to be certain founders will be outfitted for retail readiness and thrive prolonged-phrase. Contributors can also search ahead to fireplace chats and panels with model founders and sector leaders.

In addition, MUSE Accelerator has partnered with non-earnings Venture Norie to create an in depth 10-7 days curriculum to protect educational topics from specialists about merchandising, provide chain, lawful, and internet marketing, which will be obtainable just about and in person.

“MUSE Accelerator is another way we’re bringing to everyday living our motivation to diversifying our unparalleled assortment so all visitors can see by themselves reflected at Ulta Natural beauty,” said Ulta Beauty’s chief merchandising officer Monica Arnaudo, according to a press release. “We believe that it is our accountability to acquire tangible ways to produce foundational marketplace alter. As a spot where by manufacturers can discover, prosper and efficiently access unchartered heights, this program assists us additional nurture emerging BIPOC brand names and build significant impression for the communities we provide, our field and the entire world.”

Programs Open Now, Selectees Announced In September

To apply for the MUSE Accelerator, click on right here. The software will close on June 30th at 11:59 pm CT and selectees will be declared in September.