• Login
    • Join
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Formulary
    • Exclusives
    • Top Companies
    • Raw Materials
    • End-User
    • Packaging
    • Directories
    • Events
    • Jobs
    • More
  • Magazine
  • News
  • Formulary
  • Exclusives
  • Top Companies
  • Raw Materials
  • End-User
  • Packaging
  • Directories
  • Events
  • Jobs
  • Current / Back Issues
    Features
    Columns
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    Top Features
    Stepping into the Spotlight for 2021

    The Independent Beauty Association Supports Sensible Reform

    Essential Workers

    A Clean Commitment

    Deliver & Delight
    Online Exclusives
    Association News
    Breaking News
    Financial News
    Industry News
    International
    Marketing News
    New Products
    News Front
    Packaging News
    Patents
    Personnel
    Regulations
    Snapshots
    Top News
    Live From Shows
    Top News
    CPG Sales Surged 19% During Pandemic

    P2 Science Appoints Daina Catanese as Marketing Specialist

    Pinterest Debuts AR Try On for Eyeshadow

    Commercial Business Drives Touchland’s Success

    Fortify+ is 'Anti-Bacterial' Skin Care
    Blog
    Online Exclusives
    Infographics
    Podcasts
    Whitepapers
    Videos
    Expert's Opinion
    HappiTV
    eBook
    Surveys
    International Top 30 Report
    Top 50 Report
    Top Companies
    25. Euroitalia

    22. L’Occitane

    50. Glossier

    26. Scentsy

    4. Avon
    Actives
    Functional Ingredients
    Pigments
    Polymers
    Preservatives
    Surfactants

    CPG Sales Surged 19% During Pandemic

    Fortify+ is 'Anti-Bacterial' Skin Care

    Amyris To Enter Cannabinoid Beauty

    RB Buys Queen V

    NY's 1,4-Dioxane Law May Impact Concentrated Cleaners
    Air Care/Environmental Fragrance
    AP/Deo
    Color Cosmetics
    Disinfectants
    Fine Fragrance
    Hair Care
    Household Cleaning
    I&I Marketplace
    Laundry Care
    Oral Care
    OTC/Medicated
    Packaging
    Personal Cleansers
    Skin Care
    Sun Care
    Testing

    CPG Sales Surged 19% During Pandemic

    Pinterest Debuts AR Try On for Eyeshadow

    Commercial Business Drives Touchland’s Success

    Fortify+ is 'Anti-Bacterial' Skin Care

    Coty Appoints Chief Procurement Officer
    Lab Equipment
    Mixing
    Packaging
    Testing

    Ross Introduces Double Cone Tumble Blender

    Happi Talks: Overnight Labels

    Three Form Vertical Beauty Alliance

    Logo Design Trends for 2021 & Beyond

    Coming Clean About Stink
    Contract Manufacturing / Private Label Directory
    Buyer's Guide
    Add New Company
    Corporate Profiles
    International Buyers Guide Companies
    Croda

    Aptar Beauty + Home

    Centerchem Inc

    QRS (Quality Resourcing Services)

    Resolute Oil
    Live From Shows
    Meetings
    Webinars
    Snapshots
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Formulary
    • Directories
      • Buyer's Guide
      • Contract Manufacturing / Private Label Directory
      • Corporate Profiles
      • Add Your Company
    • Raw Materials
      • Actives
      • Functional Ingredients
      • Pigments
      • Polymers
      • Preservatives
      • Surfactants
    • End-User
      • Air Care/Environmental Fragrance
      • AP/Deo
      • Color Cosmetics
      • Disinfectants
      • Fine Fragrance
      • Hair Care
      • Household Cleaning
      • I&I Marketplace
      • Laundry Care
      • Oral Care
      • OTC/Medicated
      • Packaging
      • Personal Cleansers
      • Skin Care
      • Sun Care
      • Testing
    • Packaging
      • Lab Equipment
      • Mixing
      • Packaging
      • Testing
    • Top Companies
      • International Top 30 Report
      • Top 50 Report
    • Online Exclusives
    • Experts Opinion
    • Slideshows
    • HappiTV
    • Videos
    • Podcasts
    • eBook
    • Infographics
    • Blog
    • Whitepapers
    • Surveys
      • R & D Salary Survey
      • Sales & Marketing Salary Survey
    • Job Banks
    • Events
      • Industry Events
      • Live from show Events
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Online Exclusives

    Pitch Perfected

    Chris Hobson answers questions about this month's Black Girl Ventures-Rare Beauty Brands Pitch Competition.

    Pitch Perfected
    Related CONTENT
    • Pinterest Debuts AR Try On for Eyeshadow
    • Commercial Business Drives Touchland’s Success
    • Colonial Chemical Makes Promotions
    • NY's 1,4-Dioxane Law May Impact Concentrated Cleaners
    • Weleda Celebrates 100 Years of Beauty
    Christine Esposito, Managing Editor11.02.20
    In October, Black Girl Ventures (BGV) announced a new partnership with Rare Beauty Brands (RBB) to create what the two firms called the first national crowdfunding pitch event for Black and Brown women-identifying founders in the beauty industry. All participants gain access to the BGV Connect Incubator, which provides educational resources like workshops and feedback sessions, as well as business development resources including virtual co-working sessions and funding opportunities. 
     
    Applications closed on October 16, and the next step comes later this month after BGV and Rare Beauty Brands narrows the field down the top applicants who will present during a virtual pitch competition scheduled for November 17. The finalists will have three minutes to make their pitch, followed by a 2-minute Q&A from a panel of beauty industry professionals and celebrities (including TV personality Vanessa Simmons).
     
    On November 24, the pitch competition will be streamed online, and America will be invited to vote for and make financial contributions in support of their favorite pitch via SheRaise, BGV’s tech platform, said RRB.
     

     
    Happi had a chance to ask Chris Hobson, founder of Patchology, which is part of RBB, to provide insight in the competition and the innovation coming out of the indie beauty business and more.
     
    HAPPI: How did this venture come about between the two organizations?
    Hobson: At Rare Beauty Brands, we believe passionately in the power of entrepreneurship to transform people’s lives. Our brands were started by plucky entrepreneurs with a vision, a ton of hard work and some good decisions along the way, and supporting these brands as they grow is core to our mission. When we met Shelly and the team at BGV, there was an instant connection because we had this consistent base of values and beliefs. It’s very fitting that Shelly and I both started ventures when we were very young and they were both in the same industry, so we were starting from common ground. 

    HAPPI: What do you love about the innovation you see right now in the beauty business from Black and Brown women founders?
    Hobson: I love how diversity begets diversity! Right now, you have an explosion of brands founded by Black and Brown women, which is great because that diversity yields better products that meet more consumer needs. For example, I really love what Trinity Mouzon Wofford is doing with her Golde brand in the wellness category, and for something totally distinct, what Dana Jackson is doing with Beneath Your Mask in skin care.

    HAPPI: How are these indies shaping the future of the beauty business?
    Hobson: Indie brands in general are where the exciting innovation is happening. These are the brands with the closest relationship to a specific “tribe” of consumers, the ability to innovate quickly and authentically, and the passion and doggedness to make their vision a reality. And nowhere is this more evident than with the indie brands that have been founded by Black and Brown entrepreneurs —the sheer quantity and diversity of them is leading to rapid innovation on multiple vectors, whether it be product or brand, go-to-market or funding. These brands are forging a truly authentic connection with their consumers, which is something the entire beauty business covets.
     
    HAPPI: Contract manufacturers and ingredient/packaging suppliers are a critical part of the beauty business—has there been a bias here similar to that when it comes to accessible funding for Black and Brown brand founders/entrepreneurs?
    Hobson: The thing to keep in mind is that while it is relatively capital-light, at least in the early stages, to start a brand, it is very capital intensive to start a contract manufacturer or ingredient supplier right from the beginning. Before you have a sense for customer response, these businesses require large capital expenditures for property, plant and equipment, and thus pure startups are relatively rare. And because of the small sample size, I don’t think there is enough data to truly say whether there is bias in the funding of these kinds of ventures, other than to say, I would guess that the same implicit biases that have restricted access to funding and career advancement (which is quite often a prerequisite for the ability to raise capital) for Black and Brown entrepreneurs, would apply here as well.
     
    Related Searches
    • Hair Care
    • Skin Care
    • Color Cosmetics
    Related Knowledge Center
    • Hair Care
    • Color Cosmetics
    • Skin Care
    Suggested For You
    Mutha Cracks The Code On Vitamin C Mutha Cracks The Code On Vitamin C
    Drink It In! Drink It In!
    Neutrogena Expands Hydro Boost for Hair Care  Neutrogena Expands Hydro Boost for Hair Care
    Moroccan Gold Series Launches NuDo Shampoo Moroccan Gold Series Launches NuDo Shampoo
    Pinterest Debuts AR Try On for Eyeshadow Pinterest Debuts AR Try On for Eyeshadow
    Commercial Business Drives Touchland’s Success Commercial Business Drives Touchland’s Success
    Colonial Chemical Makes Promotions Colonial Chemical Makes Promotions
    NY NY's 1,4-Dioxane Law May Impact Concentrated Cleaners
    Weleda Celebrates 100 Years of Beauty Weleda Celebrates 100 Years of Beauty
    Flow Launches Collagen Waters Flow Launches Collagen Waters
    Associations Congratulate Biden & Harris Associations Congratulate Biden & Harris
    Colonial Chemical Announces New Facility Colonial Chemical Announces New Facility
    Ashland Acquires Schülke & Mayr Ashland Acquires Schülke & Mayr's Personal Care Business
    Alastin Named a Fast-Growing Brand Alastin Named a Fast-Growing Brand
    Mix:Bar Launches at Target Mix:Bar Launches at Target

    Related Online Exclusives

    • Actives | Color Cosmetics | Functional Ingredients | Hair Care | Personal Cleansers | Pigments | Polymers | Preservatives | Skin Care | Surfactants
      Coming Clean About Clean Beauty

      Coming Clean About Clean Beauty

      Experts weigh in on the pros and cons of this controversial term.
      Tom Branna, Editorial Director 01.14.21

    • Actives | Skin Care
      Olay’s Collagen Push

      Olay’s Collagen Push

      With a formulation designed to deliver the key ingredient where it needs to be, Olay Regenerist rolls out Collagen Peptide24 collection nationwide.
      Christine Esposito, Managing Editor 01.05.21

    • Skin Care
      Better by The Box

      Better by The Box

      Using aromatherapy to treat anxiety led Lauren VanScoy to create Essence One. Now the brand has a new subscription service focused on mental health and beauty.
      Christine Esposito, Managing Editor 01.04.21


    • Hair Care | Personal Cleansers | Skin Care
      Top Formulations of 2020

      Top Formulations of 2020

      What were you making in 2020? Hand sanitizer, of course. But skin and facial care products made the list of the most-accessed formulations.
      Happi Staff 12.30.20

    • Color Cosmetics | Hair Care | Personal Cleansers | Skin Care
      Indie To Indie

      Indie To Indie

      Happi’s monthly “Indie Inc.” feature profiles have enabled founders to speak about their brands and to each other.
      Christine Esposito, Managing Editor 12.29.20

    • Skin Care
      DermaDoctor Adds Direct Sales

      DermaDoctor Adds Direct Sales

      Skin care brand expands its retail strategy.
      Christine Esposito, Managing Editor 12.10.20


    • Actives | Skin Care
      Kicking In

      Kicking In

      Experience in the semiconductor sector spawns a skin care startup that continues to grow its presence in new retail doors.
      Christine Esposito, Managing Editor 12.07.20

    • Color Cosmetics | Hair Care | Skin Care
      Let the Gifting Begin

      Let the Gifting Begin

      With shopping underway, a look at special gift sets created for this unprecedented holiday season.
      Happi Staff 12.01.20

    • Skin Care
      Bucking the Trends

      Bucking the Trends

      At the helm for a quarter century, Pacifica Beauty CEO Brook Harvey-Taylor is named one of Goldman Sachs’ 100 Most Intriguing Entrepreneurs of 2020.
      Christine Esposito, Managing Editor 11.30.20


    • Color Cosmetics | Hair Care | Household Cleaning | Skin Care
      Clean Beauty Rises at Grove Collaborative

      Clean Beauty Rises at Grove Collaborative

      The certified B Corp. is shaking up its beauty strategy. CMO Lilian Tomovich provides details.
      Happi Staff 11.30.20

    • Actives | Color Cosmetics | Functional Ingredients | Hair Care | Personal Cleansers | Pigments | Skin Care | Sun Care
      IBA Offers a Broad Range of Benefits

      IBA Offers a Broad Range of Benefits

      The Independent Beauty Association (formerly ICMAD) provides technical, legal, regulatory and business expertise to its members.
      Tom Branna, Editorial Director 11.22.20

    • Functional Ingredients | Skin Care
      This Brand Is Piping Hot!

      This Brand Is Piping Hot!

      Pipette is making gains in the “clean” baby care space. CEO Daya Fields explains what’s next for this startup, now in its second year.
      Tom Branna, Editorial Director 11.13.20


    • Fine Fragrance | Functional Ingredients | Hair Care | Personal Cleansers | Skin Care

      Nature & Natura

      Iguatemi Costa details the company's strong commitment to innovate below the 1.5°C threshold.
      Tom Branna, Editorial Director 11.12.20

    • Color Cosmetics | Hair Care | Packaging | Packaging | Skin Care
      Packaging & the Pandemic

      Packaging & the Pandemic

      Paul Day explains the challenges facing suppliers during COVID-19.
      Tom Branna, Editorial Director 11.10.20

    • Actives | Color Cosmetics | Functional Ingredients | Hair Care | Personal Cleansers | Skin Care
      The Eco-Conscious Consumer

      The Eco-Conscious Consumer

      Mintel expert explains how beauty companies can get in her head...and heart.
      Tom Branna, Editorial Director 11.05.20

    Trending
    • Formulating Liquid Laundry Detergents
    • Amyris To Enter Cannabinoid Beauty
    • RB Buys Queen V
    • Ashland Acquires Schülke & Mayr's Personal Care Business
    • Nailing It In 2020
    Breaking News
    • CPG Sales Surged 19% During Pandemic
    • P2 Science Appoints Daina Catanese as Marketing Specialist
    • Pinterest Debuts AR Try On for Eyeshadow
    • Commercial Business Drives Touchland’s Success
    • Fortify+ is 'Anti-Bacterial' Skin Care
    View Breaking News >
    CURRENT ISSUE

    January 2021

    • Stepping into the Spotlight for 2021
    • The Independent Beauty Association Supports Sensible Reform
    • Essential Workers
    • A Clean Commitment
    • Deliver & Delight
    • Reusables for Consumables In the Pandemic and Beyond
    • A Rebound for Beauty
    • Beauty Brands Must Prepare for a 'Decade of the Home'
    • A Societal Shift
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    NIH Study Compares Low-Fat, Plant-based to Low-Carb, Animal-Based Diet
    Gadot Positions Mineral Line for Vegan Market
    Nutritfy India to Launch Global Broadcast Channel Covering Nutrition
    Coatings World

    Latest Breaking News From Coatings World

    LINE-X Launches Dealer Program with International Truck
    PPG Reports Q4, Full-year 2020 Financial Results
    BASF Begins Implementing Ralignment of Global Business Services Unit
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    Cretex Companies CEO Steps Down
    Data Show Porex's Medical Device Filtration Materials Protect Against Virus, Bacteria Spread
    Endoscopic Hemostasis Devices Market Valued at $730 Million
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Pfizer, BioNTech Enter Vax Pact with COVAX
    FDA Approves Janssen’s CABENUVA
    AGC Biologics Appoints Boulder Site GM
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Coty Appoints Chief Procurement Officer
    Lageen Tubes Launches Mono-Material PE Tube Solutions
    Jason Jones Loses Battle with Covid-19
    Happi

    Latest Breaking News From Happi

    Carol’s Daughter Adds New Hair Products
    Moroccan Gold Series Launches NuDo Shampoo
    Youbody Debuts Waterless Body Wash
    Ink World

    Latest Breaking News From Ink World

    BOBST Demonstrates Future of Flexible Packaging Production at Virtual Open House
    Morancé Soudure France Adds Comexi F2 MC 10-color Flexo Press
    AR Packaging Acquiring Firstan Holdings Ltd
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    Gallus planning virtual event for March
    Lemu Group engineers mask-making machine
    Niagara Label upgrades with Nilpeter flexo press
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Freudenberg to Establish Apparel Interlining Competence Centers
    Minet Adds Spunlace Line in Romania
    Lemu Group Engineers Mask-Making Machine
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    Cretex Companies CEO Steps Down
    Conformis Enters Development & Supply Agreement with SITES Medical
    Sectra, RSA Biomedical Sign Distribution Agreement for Implant Stability Tool
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    UDC Subsidiary Adesis' Website Wins 2020 MarCom Platinum Award
    Ambiq Wins IoT Semiconductor Company of the Year Award
    Ynvisible Names Michael Robinson CEO, Jani-Mikael Kuusisto SVP Ventures

    Copyright © 2021 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login