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[L’Oréal] R&I Open Innovation in partnership with VentureLab Switzerland

L’Oréal R&I Open Innovation is looking for pioneering cross-sector technologies that can revolutionize the cosmetics industry and create new partnerships with promising startups! This call for innovation is aiming at searching the best start-ups and academic spinouts to develop the next generation of beauty products. If your startup offers solutions or innovative business models to improve/disrupt the ways corporate businesses work in cosmetics then this is the right opportunity for you. Selected startups/projects will be proposed an agreement to explore further the technology and / or enter a collaboration phase in order to evaluate, develop and eventually adapt the proposed solution to beauty products market. About L'Oréal L’Oréal is the world leader in the cosmetic industry and has been a science and innovation driven company since its creation more than 110 years. The company was created by a startuper, Eugène Schueller, who started in his garage to develop an innovative hair coloration. Innovation and entrepreneurship have been since then in the DNA of L’Oréal with a moto « seize what starts » to Create the Beauty that moves the world. With a world in constant change and evolution, L’Oréal wants to be at the forefront to create the Future of Beauty that will be sustainable, inclusive.

https://www.venturelab.swiss/index.cfm?page=137303&event_id=11201

End Date26 Oct 2024 Funding Resource Type

Corporate Partnership

Funding Provider

L'Oréal

Sustainable Cosmetics
Short DescirptionL’Oréal R&I Open Innovation is looking for pioneering cross-sector technologies that can revolutionize the cosmetics industry and create new partnerships with promising startups!

This call for innovation is aiming at searching the best start-ups and academic spinouts to develop the next generation of beauty products.
If your startup offers solutions or innovative business models to improve/disrupt the ways corporate businesses work in cosmetics then this is the right opportunity for you.
Selected startups/projects will be proposed an agreement to explore further the technology and / or enter a collaboration phase in order to evaluate, develop and eventually adapt the proposed solution to beauty products market.

About L'Oréal
L’Oréal is the world leader in the cosmetic industry and has been a science and innovation driven company since its creation more than 110 years.
The company was created by a startuper, Eugène Schueller, who started in his garage to develop an innovative hair coloration. Innovation and entrepreneurship have been since then in the DNA of L’Oréal with a moto « seize what starts » to Create the Beauty that moves the world.
With a world in constant change and evolution, L’Oréal wants to be at the forefront to create the Future of Beauty that will be sustainable, inclusive.
CriteriaWe are looking for startup technologies that address the key challenges on the following areas:

• Sustainable Materials, including wide range of biobased small molecules or polymers (eg proteins, enzymes, polysaccharides, oils, waxes…) with for instance (and not limited to) film-forming, adhesive, surfactant, encapsulating functionalities.
• Biological actives or bio-diagnostic could be related to microbiome, anti-ageing and more globally skin care.
• Innovative processes such as biotechnology, fermentation, synthetic biology, extraction should be sustainable, follow green chemistry principles and possibly be circular to minimize the impact on the environment.
• Cleantech, that addresses water management at home, in hair salon, etc.
• Agritech that encourages sustainable and regenerative agriculture, that can monitor the impact on the environment (e.g. soil, water, biodiversity, CO2)
• Hardware / software solutions that would diagnose skin / hair condition or bring supra performance with energies, personalization, and the precision of application in association with formula/products
RegionsSwitzerland