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Sephora Created An Accelerator Program For Female-led Beauty Startups

The beauty giant is going Silicon Valley.

In a startup landscape where female-led companies are funded at a drastically lower rate than those with a male founder — receiving only 3 percent of total venture capital dollars between 2011 and 2013, by one Babson College estimate — Sephora is aiming to give female beauty entrepreneurs a much-needed lift. The beauty retailer is kicking off a new program this year called Sephora Accelerate, which will put 10 early-stage startups through a bootcamp at its San Francisco headquarters, provide them with mentorship and give them a stage to present at a demo day in August. Though Sephora officially announced the program on Tuesday, it took applications until Dec. 31 and will select its class of participants by March.

Read more on Fashionista.com...



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