Details
The 15 Percent Pledge, in partnership with Sephora, is launching the Sephora Beauty Grant, awarding one Black business owner within the beauty industry a $100,000 grant to unlock the next level of growth and potential for their brand. Here's how this program works:
- Must be a member of the Fifteen Percent Pledge's Business Equity Community
- Business sells a product and has annual revenue of at least $100K or more
- Black-owned: At least one self-identifying Black person with 50% or more equity in the company
- Has between 3-15 employees, including the founder
- Fosters inclusivity and showcases community impact by pushing against systemic infrastructures that have not prioritized unique consumer needs
- Businesses must sell a CPG product:
- Must sell a product in at least one of the following categories: Beauty, Haircare, Makeup / Makeup tools, Skincare, Fragrance, Bath & Body, Must be in business for at least 2 years
- Apply by December 18, 2023