The Cosmetic Accelerator is a support program for business leaders in the cosmetics sector who wish to develop, adapt to the challenges of their sector and be part of a sustainable growth trajectory. Apply from July 26, 2023 to February 19, 2024.

Why a Cosmetic Accelerator?

The cosmetics sector represents €45 billion in turnover in France and has 3 French companies, 200% of which are SMEs. This sector benefits from strong international influence, which makes France the world's leading exporter.

However, the sector faces many challenges: product sustainability, digitalization of uses and practices, constant innovation so as not to be overtaken by competing countries.

The Cosmetic Accelerator supports, for 18 months, a promotion of 30 managers of SMEs and mid-caps in the sector (industrialists and brands) so that these companies can structure themselves in depth, innovate, adapt to current and future challenges and are part of a sustainable growth trajectory.

Discover the 12 companies already accelerated from the 1st promotion

What does the Cosmetic Accelerator offer?

This support program is aimed at managers of SMEs and mid-sized companies in the cosmetics sector (manufacturers and brands) to enable them to:

• Master developments in their economic model
• Design and develop a responsible and sustainable offer
• Gain agility with digitalization
• Develop resources, know-how and partnerships within the sector
• Building an innovative and unique universe
• Details of this support program

How long is the program? 18 months.

When? From February 20, 2024 to June 11, 2025

Where ? In Paris for training days and promotional highlights

You will have access to:

• 16 or 39 days of consulting missions (depending on your turnover)
• 6 training days provided by SKEMA Business School:

– Strategy & new business models
– Challenges of the energy and ecological transition
– Financing
- Governance
– HR & employer brand
- Leadership

• Industry meetings to discuss sector issues and discover the stakeholders in your ecosystem
• Premium support from Bpifrance, Cosmetic Valley and FEBEA

Who is this support program for?

Do you manage a company in the cosmetics sector (ingredients and formulation, manufacturing, packaging, distribution, brands, etc.)?

And your business meets the following conditions:

• A minimum turnover of €2 million
• More than 10 employees
• At least 3 years of existence
• Do you have control over your company's strategic directions and investment decisions?

Apply now for the program!

What's the fare ?

For companies with a turnover of between €2 and €10 million
€2 excluding tax / quarter with payment in 833 installments, i.e. a total remaining cost for the company of €6 excluding tax.
This program is funded by the government at 60% of the total cost of the program.

For companies with a turnover greater than €10M
€5 excluding tax / quarter with payment in 500 installments, i.e. a total remaining cost for the company of €6 excluding tax
This program is funded by the government at 54% of the total cost of the program

For more information

Contact Abélia Giret, abelia.giret@bpifrance.fr / 06 72 74 99 21 or Leïla Hafez leila.hafez@bpifrance.fr / 06 78 39 05 79

Or apply directly via the online form.

Find out more about Bpifrance Accelerators

Since 2015, Bpifrance has offered intensive support programs for managers of French SMEs and mid-sized companies to help them capitalize on their growth levers with the aim of developing sustainably.

More than 40 accelerators are launched each year. There are 5 types of Accelerators: national, regional, sectors, thematic and international, such as the Franco-Italian Accelerator. Each program brings together a class of around thirty leaders who will experience a transformative collective adventure together. Since 2015, 3 SME and ETI managers have gone through these programs.

And the results are there ! +10 points of turnover growth and +16 points of added value for accelerated companies vs comparable non-accelerated companies.
(Source: study “Accelerate businesses! Ex post study on the first 3 promotions of SME Accelerator)

Find out more about Bpifrance Accelerators