Bpifrance and the Direction Générale des Entreprises, in partnership with Cosmetic Valley and the FEBEA, are launching the second promotion of the "Cosmetics Accelerator", a program designed to encourage the development of cosmetics companies.
a support system for company managers.
For the selected companies, the program includes 18 months of in-depth structuring, innovation and adaptation to current and future challenges, as well as the establishment of a sustainable growth trajectory.
This applies to SMEs and ETIs in the cosmetics sector - ingredients and formulation, manufacturing, packaging, distribution and brands - that meet the following conditions: sales in excess of €2 million, a minimum workforce of 10 and at least three years in business.
"Following the launch of the first Cosmetics Accelerator promotion in June 2022, FEBEA is delighted to see this project with Bpifrance continue with the establishment of a second promotion starting in 2024. Open to managers of cosmetics SMEs and ETIs, this new support program, with its broader scope, will enable them to respond to the sector's current key challenges (ecological transition, recruitment, digital transformation...) and to place their company in a sustainable and responsible growth strategy."says Emmanuel Guichard, General Delegate of Febea.
