accelerators
ENTREPRENEURSHIP

Accelerator And Retail Mentorship Programs: Application, Attendance And Outcomes

If there’s power in numbers, then participation in an accelerator or retail mentorship program can be powerful for beauty brand founders facing the isolation, resource and manpower limitations, and dizzying array of unknowns that often come with entrepreneurial existences. These programs gather startups together to benefit from shared lessons, careful examinations …
Rachel Brown·October 11, 2017·1 min read

If there’s power in numbers, then participation in an accelerator or retail mentorship program can be powerful for beauty brand founders facing the isolation, resource and manpower limitations, and dizzying array of unknowns that often come with entrepreneurial existences. These programs gather startups together to benefit from shared lessons, careful examinations of their businesses, and the expertise of accelerator leaders and advisors. “What an accelerator does is gets you to focus on how you can do more faster and really accelerate in every sense of the word,” says Danielle Cohen-Shohet, co-founder and CEO of GlossGenius, and a veteran of Sephora Accelerate and Techstars. “Being part of that culture and community, you iterate a lot, do more faster, and cut out the ways you were wasting time.” To make sure beauty brand founders aren’t wasting time pursuing accelerator and retail mentorship initiatives, Beauty Independent chatted with about a dozen alumnae of these programs to understand what it’s like to apply to and attend them, and achieve results from the experience.

The players

3 mentioned
Brand

Too Faced

Brand

AS Beauty

Founded2019
HQNew York, New York, United States
Revenue Range$150M+
Retailer

Sephora

Founded1969
HQSan Francisco · Paris
OwnershipLVMH (public)
TypeSpecialty Retail
FormatOmni Channel
Doors~600 US · 2,700+ global
Brands Carried300+
ModelWholesale + Own Brand
Price Points
RxMassMasstigePrestigeLuxuryUltra Luxury
Categories
Skincare
Makeup
Fragrance
Hair
Bath & Body
Top 3 Geographies🇺🇸 🇫🇷 🇨🇦
Community
22.4M 6.8M 2.1M
Recognition
NRF Top 100 Retailers