Cosmoprof’s new event brings beauty brands, investors together

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Cosmoprof’s new event brings beauty brands, investors together

Cosmoprof North America has announced the launch of a new program, Beauty Pitch Angles, which is aimed towards bringing private equity and venture capitalists together with the latest beauty industry innovators.

Registration for the program is now open and companies preselected will be invited to a live pitch event with a group of investors at Cosmoprof’s annual show in Las Vegas.

“CPNA has a long and steady reputation for providing truly one-of-a-kind programs that propel brands forward and is unique in its ability to attract major private equity groups,” Daniela Ciocan, marketing director at CPNA, said. “We used key insights from the debut BEAUTY PITCH 2015 competition to arrive at this year’s format, which is all about efficiently bringing truly qualified investors and target companies together for impactful opportunities.”

The winner will walk away with a business-building cash infusion and added brand exposure at the event. Qualified Professional Beauty Association, or PBA, members, CPNA exhibitors and existing beauty companies with one original product and $500,000 in revenue are invited to apply for the program.

Those selected will present their business model and request to funding during a 15-minute closed-door pitch on July 29. All applicants also will be given the opportunity to be reviewed by participating investors, and present current sales, distribution models, market opportunities and the intended use of funds, the company said.

“Being able to offer our attendees the opportunity be seen by a wide group of qualified investors while simultaneously gaining further visibility and networking opportunity at the largest B-to-B beauty event is unparalleled,” Ciocan said. “For the investors it’s equally thrilling since they too are given the rare chance to see so many viable business investment opportunities in one event.”

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