Date Posted: Wednesday 28th October 2020
The Red Tree and SFC Capital have announced the winners of the Beauty Accelerator 2020. The winners are Faace and Fussy. Both brands will receive £150,000 equity investment upon the completion of financial evaluation and commercial due diligence, plus the knowledge and expertise of The Red Tree applied over 12 months to take each brand to its next stage and beyond.
Commenting on the win, Jasmine Wicks-Stephens, Founder of Faace, said: “It means so much to win The Beauty Accelerator, it’s a dream come true. We applied, never thinking we would ACTUALLY win and are beyond elated to get not only the investment but the ongoing support we need to accelerate what we’ve started with Faace. We are just so excited to see what happens next”.
Reacting to the news, Matt Kennedy and Eddie Fisher, Co-Founders of Fussy, stated: "It quite literally means the world to us. With the support of The Red Tree and SFC Capital, we look forward to not only saving the planet...but smelling amazing whilst doing it. Power to your pits!”
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