The L’Oréal Research & Innovation Startup Challenge


Organisation:  L’Oréal

Apply By:  12 Aug . 2018


The L’Oréal Research & Innovation Startup Challenge
 

The L’Oréal Research & Innovation Startup Challenge is back! We are looking to partner with early-stage startups and small enterprises in the Asia Pacific Region and beyond, who have unique solutions in the area of Performance Materials and Products, Personalized Beauty Experiences and Sustainable Innovations.

Prizes And Incentives

Participants can win the opportunity to work with L’Oréal, gain access to mentors and industry networks through L’Oréal, NUS Enterprise, and Enterprise SG. Two S$5,000 cash prizes and two S$50,000 Startup SG grants are up for grabs!

  • Potential access to L’Oréal’s leading R&D expertise in beauty
  • Opportunities for conducting a pilot study with our L’Oréal hubs.
  • Developing longer term strategic partnerships.

Financial Award

  • Each winner will receive a prize award of S$5,000. 2 winners will be selected.
  • No equity is taken.

Startup SG Grant

  • 2 winners stand to EACH win a $50,000 Startup SG grant Sponsored by Entreprise SG. T&Cs apply.
  • In addition both winners will be fast-tracked to the Qualifying Round of SLINGSHOT

Mentorship and Industry Network

  • Exposure to NUS Enterprise and local network of industry partners, companies, investors and startup mentors
  • Startup boot-camp or targeted mentorship sessions by NUS Enterprise for startups selected to be in the semi-finals

Industry Exposure

  • Opportunity to pitch to a wide audience
  • Gain faster understanding of industry challenges and needs
  • Unique insights for the shortlisted proposals
  • Increase prospects for co-creation or co-development activities

Challenge Categories

  • Performance Materials & Products
  • Personalized Beauty Experiences
  • Sustainable Innovation

Submission

  • Explanation of proposed solution addressing the criteria in the respective problem statement
  • Rationale of how the criteria can be met
  • Material, prototype or minimum viable product (MVP) for testing within 18 months

Deadline for Submission - 12 AUGUST 2018

For more information please check the Link

 

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