Leading beauty retailer Sephora is launching a new program that provides mentorship for female entrepreneurs. Unlike other accelerators, this training program is uniquely positioned to give women the support they need to take their ideas from dreams to reality.
The program itself is called 'Sephora Accelerate' and it is part of the larger 'Sephora Stands' program. The program provides mentorship for female entrepreneurs whose ideas fall into one of two categories: leading a company that creates cosmetics or a company that creates technology related to the beauty industry. Those who nab one of the 10 available spots will gain access to the year-long mentorship program, as well as potential funding through Sephora.
With 85% of venture capital funded startups being led by men, the Sephora Accelerate program provides a supportive community for early-stage female entrepreneurs.