Olive Young and Korea Kolmar to Jointly Accelerate K-Beauty Startups
Creatrip Team
a year ago
CJ Olive Young and Korea Kolmar have announced a partnership to co-manage an accelerator program aimed at fostering promising startups in the K-Beauty industry. The collaboration, formalized through a memorandum of understanding (MOU), will support over 12 early-stage companies in cosmetics manufacturing. Korea Kolmar will offer access to 'Beauty Innovation Hub Center,' a special space for startups, while Olive Young provides consulting using consumer purchase data. The initiative is set to enhance co-growth in the cosmetics sector and strengthen global competitiveness by sharing K-Beauty trends and providing networking opportunities.
