HENRY MASO AWARD WINNER SELECTED FOR SEPHORA ACCELERATE PROGRAMME
Shuting Hu, winner of the 2013 IFSCC Henry Maso Award for Young Scientists, has been selected by beauty retailer Sephora for its 2018 Accelerate training and mentoring programme.
The months-long Sephora programme begins with a one-week bootcamp where founders acquire the necessary skills to create a successful business. They learn from beauty mentors and experienced entrepreneurs and prepare for a final Demo Day in the autumn. This year’s programme includes 13 women from 7 countries. The programme has a track record of seeing 100% of brands landing in retail (some in Sephora) since it started and has created 31 female founders (target is 50 by 2020) and over 2,000 jobs.
Shuting is a co-founder of Skin-Data, a spin-off company from the University of Hong Kong, and an active member of the Hong Kong Society of Cosmetic Chemists. SkinData is dedicated the provision of precision skin care total solutions to maintain and improve skin health, focusing on the prevention of skin pigmentation, photoageing and inflammation.
“Even in the beauty industry, where most customers are women, female founders are still underrepresented,” says Sephora. “We saw a unique opportunity to draw from our history of working with beauty entrepreneurs to build a supportive community for women who are in the early stages of developing their businesses.
“Each of our women-led business founders will be expected to commit to pursuing social impact in some way through their work. A business could reflect its commitment to social impact through environmentally-friendly actions, sourcing raw materials sustainably, donating a portion of proceeds to charity, or any number of other ways.”
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