The Cosmetic Accelerator: apply for the 2nd promotion
The Cosmetics Accelerator is a support program for business leaders in the cosmetics sector who want to grow, adapt to the challenges of their industry, and establish 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?
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)
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