In Russia, launched the first accelerator for FMCG startups

Faberlic announced the launch of an accelerator for FMCG start-up projects in order to create a mutually beneficial partnership with start-ups that develop and implement new products, technologies and IT solutions in the fields of beauty, fashion, style, food and products for family and home.

Faberlic FMCG Accelerator is the first project to develop innovative FMCG-businesses in the Russian market. Starting entrepreneurs and start-up teams that develop innovative solutions in the following areas are invited to participate: beauty, fashion and style, food, household goods, families and children.
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Examples of such projects include cosmetic biotechnologies, solutions related to the production and packaging of cosmetics, beauty devices, IT solutions, platforms for creating a stylish image, innovative materials for clothing, accessories, methods of producing clothing and accessories, products and solutions for natural and healthy nutrition, educational solutions for children, household products.

Applications are already being received on the website accelerator.faberlic.ru . Candidate registration will last until June 25, 2016, after which the participants will start working on the technology platform in the Preaccelerator, which will allow them to complete part of the program online.

As a result of acceleration, the best projects will be able to receive significant investments from Faberlic. Some participants will receive investment proposals of up to 10 million rubles, the best startups will receive investment proposals of more than 10 million, depending on the stage of the project.

The Faberlic FMCG Accelerator partner is GVA.