META LAUNCHES A STARTUP ACCELERATION PROGRAM DEDICATED TO CREATIVITY IN THE METAVERSE IN PARTNERSHIP WITH L’ORÉAL GROUPE IN FRANCE

With program based at STATION F, Meta, in partnership with L'Oréal Groupe in France, wants to encourage the development of a creative and inclusive metaverse ecosystem, by supporting French entrepreneurship. Applications are open until November 20th 2022.

Paris, October 24th 2022 – Meta is partnering with L’Oréal Groupe in France to launch the first startup acceleration program dedicated to creativity in the metaverse. Located at STATION F, in Paris, with the support of Incubateur HEC Paris, this initiative aims to support and empower startups that will build an inclusive and creative Metaverse and Web3 ecosystem.

This program will support 5 entrepreneurial startups, in accelerated phase of development, from January to June 2023. A jury of experts from Meta and L’Oréal will select participants with a strong dimension of inclusivity and diversity in their projects. The applications are open until November 20th 2022.

The selected group will include projects from 3D production to AR/VR/MR technologies, avatar creation and their portability, user experience, token economy, and other topics related to Web3 subjects.

The acceleration program will include interactions and conferences at STATION F, where startups will have access to all the resources of the world's largest startup campus (investor community, perks, workshops....) and a dedicated workspace. Meta AI researchers and L’Oréal experts will also offer mentorship.

Laurent Solly, Vice President Southern Europe Meta: "We are proud to associate ourselves to L’Oréal thanks to this ambitious project which aims to support the French startup ecosystem, that will have a key role in the building of a shared, creative and inclusive metaverse."

Asmita Dubey, Chief Digital & Marketing Officer L’Oréal: "Creators are at the heart of the Metaverse. The program aims to support & empower the ecosystem that will build it, and that can pave the way to go beyond story telling – to a brand story living, in accordance with our values – to be inclusive, diverse, sustainable by design."

To apply for the program – click here.