Date Posted: Thursday 10th September 2020
Glossier has revealed the recipients of its Grant Initiative for Black-Owned Beauty Businesses. The brand opened the application process on 11 June as part of its broader commitment to racial equity and inclusion. The grant provides support and $500,000 in the form of grants for the next generation of beauty companies.
Recipients are:
Growth-Stage
These businesses launched over 12 months ago and are working to scale operations. Grant amount: $50,000 per business.
Early-Stage
These businesses launched in the past 12 months and are working to grow a customer base. Grant amount: $30,000 per business.
Pre-Launch
These businesses have a finalized business plan and plan to launch within the next 12 months. Grant amount: $10,000 per business.
Read more about the recipients here.
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