L'Oréal Innovation Runway 2020
Transform the industry with scalable, sustainable, and environmentally-friendly technologies.
More than Beauty
We believe technological advancement and commitment for innovation can bring superior products and improvement to the environment we live in!
For the 4th year running, L’Oreal Innovation Runway 2020 - a partner competition with SLINGSHOT 2020 - is calling for startups from the many fields of deep tech and various industries to shape the future of beauty together.
This is THE opportunity to take your project to the next level! By participating in this challenge, you stand a chance to collaborate with L'Oréal, who will provide funding, exposure, and support to help bring solutions that are beneficial to people and the environment.
YOUR CHALLENGE
We are looking for solutions that can further improve our products in these categories:
Protect
Cleanse
Repair/Enhance
New Ingredients & Material
WHO CAN JOIN?
We look forward to receiving ideas from different industries and technology verticals. You must have at least a Minimum Viable Product (MVP) to showcase.
CROSS-INDUSTRY INNOVATION
EXAMPLES OF DEEP TECH VERTICALS
*The above list is not exhaustive. If you have a proposal that have similar solutions, feel free to submit!
PRIZES & INCENTIVES
Submit your proposals for the chance to be rewarded by L'Oréal and StartupSG with:
- Opportunities for conducting a pilot study with our L'Oréal hubs
- Developing longer-term strategic partnerships
- Each winner will receive a prize award of S$5,000. Two winners will be selected
- No equity is taken
- 2 winners stand to EACH win a S$30,000 Startup SG grant sponsored by Enterprise Singapore. apply
- Both winners will be fast-tracked to the Top 100 Qualifying Round of Slingshot 2020 powered by Startup SG
- One-to-one pre-competition mentorship session with L'Oréal mentors for Top 20 selected startups
- Three-day Gear Up pre-competition mentoring workshop for Top 10 finalists
- Opportunity to pitch to L'Oréal top management and wide audience
- Gain faster understanding of industry challenges and needs
- Unique insights for the shortlisted proposals
- Increase prospect for co-creation or co-development activities
TIMELINE
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Application
Jun 8 - Aug 31
Register and submit your unique ideas on the platform
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Semi-Finalist Selection
Sep 1 - Sep 21
Selection of Top 20 to advance
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Mentoring
Sep 22 - Oct 20
Exclusive mentoring for semi-finalists by L'Oréal experts
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Finalist Selection
Oct 21 - Oct 23
Selection of Top 10 finalists based on 2nd deliverables
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Finals
November
Pitch virtually to the L'Oréal jury panel and announcement of winners
VIRTUAL FINAL
The L'Oréal Innovation Runway Final will return as a key event of SFF x SWITCH 2020 and partner competition of SLINGSHOT 2020. Due to the COVID-19 situation, the Final will be hosted virtually.
The Top 2 winners of the Runway will be fast-tracked to compete as a Top 100 Global Startup at SLINGSHOT 2020.
#Throwback
L’Oreal is committed to constant innovation that has led us to bringing superior products and experiences for our customers globally. Thankfully, we are not alone in this journey as we were able to source and work with passionate entrepreneurs from around the world to develop tangible solutions through close collaboration.