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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 Cosmetics News

 

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