SEPTEMBER 20, 2024
Glossier Awards $50,000 Grants to Four Black-Owned Beauty Brands in Support of Emerging Entrepreneurs
At this year’s Beauty Expo, Glossier continues to showcase
its commitment to fostering diversity and inclusivity in the beauty industry.
Through its 2020-established Grant Programme, four Black-founded businesses
were awarded US$50,000 each in funding and mentorship, helping them thrive in
the competitive beauty landscape. This year, Glossier also introduced a
US$100,000 Alumni Award to assist a former grantee in scaling their business.
Meet the New Wave of Beauty Innovators
As part of this initiative, Glossier proudly presents the 16 recipients of
its Grant Initiative for Black-Owned Beauty Businesses. Back in May,
Glossier committed $500,000 in grants to support the next generation of
industry leaders and innovators. After receiving nearly 10,000 applications,
the final selection highlights an impressive range of beauty businesses that
are leading the charge in skincare, cosmetics, and wellness. The selected
founders are revolutionizing the industry with their creative, cutting-edge
brands, including:
@absolutejoi
@alodiahaircare
@golde
@hanahana_beauty
@melanjhair
@itsbrowngirljane
@epi.logic
@flaunt_body
@kanti.us
@lunamagicbeauty
@redouxnyc
@themostcurls
@deonlibrabody
@eadem.co
@poundcake
@getwavyblue
Each of these brands brings something new and exciting to
the beauty space, from innovative skincare solutions to natural hair care and
sustainable cosmetics. Skincare brands like AbsoluteJoi and Eadem are
leading the way with products designed to meet the unique needs of
underrepresented communities, while skincare manufacturers UK and skincare
wholesale suppliers are taking note of these exciting developments.
Supporting Emerging Skincare Brands
Among this year’s Glossier grantees, we see a strong focus on skincare
brands that are innovating in their respective niches. Glossier’s Grant
Programme continues to uplift these businesses by providing both financial
support and industry-specific mentorship, which is especially valuable for
those working with skincare manufacturers UK, skincare wholesalers UK,
and skincare suppliers UK.
Tonal Cosmetics, The UnBraider, The Renatural, and Rose
Ingleton MD were among this year’s grant recipients, each receiving $50,000 in
funding. Additionally, Alicia Scott, founder of Range Beauty, was
awarded the $100,000 Alumni Award to help scale her business sustainably. As
the industry grows, skincare distributors UK and wholesale skincare
suppliers will play a pivotal role in helping these brands reach broader
markets.
Addressing Equity in the Beauty Industry
Glossier’s commitment to addressing funding disparities in the beauty
industry is crucial, especially for Black-owned businesses that face barriers
in accessing financial support. The programme aims to inspire other investors
to follow through on their 2020 diversity pledges, ensuring that skincare
manufacturers and private label cosmetics manufacturers UK offer
more equitable opportunities.
This initiative serves as a beacon of hope for emerging
brands navigating a competitive market. Whether you’re an established skincare
distributor UK or a new player in the wholesale skincare suppliers
space, Glossier’s Grant Programme provides a roadmap for how the industry can
better support underrepresented founders.
Expanding Horizons for Global Beauty Brands
The beauty industry continues to become more global, with UK
brands increasingly seeking partnerships with international suppliers, such as korean
wholesale cosmetics and korean makeup wholesale distributors. The
rise of wholesale cosmetics Korea products in the UK highlights how
Black-owned brands can explore international opportunities, aided by
initiatives like Glossier’s that promote inclusivity and innovation. The
expanding network of korean cosmetics wholesale and health and beauty
wholesalers offers promising avenues for these brands to reach global
markets.
A Bright Future for Beauty Entrepreneurs
As the beauty industry continues to grow, there is a rising
demand for skincare wholesalers and health and beauty wholesalers UK
to support new brands. Programmes like Glossier’s Grant Initiative empower
emerging entrepreneurs and provide them with the tools they need to succeed in
an ever-evolving industry. Since its launch in 2020, the programme has invested
over $2 million in more than 40 founders, supporting 37 beauty brands across
the US and UK.
With strong support from private label cosmetics UK
manufacturers and cosmetic distributors UK, Glossier’s grantees are
well-positioned to revolutionize the beauty industry. The future of beauty is
brighter and more inclusive than ever before, thanks to initiatives like these
that foster innovation, diversity, and equity.
Sources: Glossier
Grant Programme
Sources: The 2024
Glossier Grant Program
Sources: Glossier
Awards US$50,000 Grants to New Cohort of Black-Founded Brands - Global
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