Get All Access for $5/mo

Chalhoub Group And L'Occitane MENA Launch Accelerator Program Focusing On Retail Tech Solutions With US$50,000 in funding up for grabs and the chance to collaborate on commercial agreements down the line, the program is now welcoming applications on its website until September 16, 2022.

You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

Chalhoub Group

Chalhoub Group, a Dubai-based luxury retail group in MENA, along with global beauty brand L'Occitane, have launched its inaugural accelerator program aimed at addressing evolving consumer behaviors in the Middle East's retail industry.

The L'Occitane MENA accelerator program, powered by Chalhoub Group's Greenhouse, is now welcoming applications from startups that implement retail tech solutions in the region.

With US$50,000 in funding up for grabs and the chance to collaborate on commercial agreements down the line, three selected startups from three categories will be given the opportunity to develop their proof of concept over a four-month program at The Greenhouse in Dubai Design District.

Sounds enticing? Startups and entrepreneurs in the retail, tech, luxury, and beauty sectors with a proven track record at the post-product market-fit stage are encouraged to apply for the program.

Source: Chalhoub Group

The program is challenging prospective participants to solve issues in three main categories: omni-channel journey and personalized experiences, data-driven decision making, and regional relevance and Gen Z attraction.

According to its release, as part of the program, participants will also gain mentorship opportunities from The Greenhouse team and senior decision-makers at L'Occitane MENA, as well as have access to Chalhoub Group's network, consisting of 450 brands.

The Greenhouse team is also keen on enabling long-term partnerships, whilst Chalhoub Group's investment team may also make additional investments in the startups.

The program will kick off in October 2022 and end with a Demo Day in January 2023, where the selected startups will showcase their solutions and concepts.

The program is welcoming applications on its website until September 16, 2022.

Related: The Realities Of Retail Post COVID-19: Insights From The Latest Edition Of Dtec Forum, Powered By Entrepreneur Middle East

Growth Strategies

Overcoming Stagnation And Implementing Change To Facilitate Business Growth: The How-To

If a business is stagnant and resistant to change, it reflects the state of the management approach within the business.

Business News

Some Car Dealerships Are Selling Cars the Old Fashioned Way Following Massive Cyberattack

CDK software services an estimated 15,000 dealerships in the U.S.

Growth Strategies

Entrepreneurs, Here's Why You Should Listen To Your Gut (Literally)

Health is vital to business success for the entrepreneur, and once you truly understand how to improve it, it's a gamechanger.

Starting a Business

A New Report By Lucidity Insights In Partnership With Entrepreneur Middle East Takes A Deep Dive Into Egypt's Startup And Investor Ecosystem

Egypt is the MENA's most populous country, Africa's third most populous market, and the world's 15th most populous nation, being home to over 110 million inhabitants.

Entrepreneurs

Building A Legacy: ANAX Holding Chairman Satish Sanpal

This serial entrepreneur is eager to carve out an indelible mark on the UAE's business landscape.

Finance

Forging Ahead: How The Middle East Has Become A Driving Force In The Global Fintech Landscape

By continuously refining their regulatory frameworks and embracing emerging technologies, Middle Eastern countries are poised to lead the next wave of fintech innovation, contributing to global financial stability and economic growth.