The Fairchild Founders Fund: Diversity Equity and Inclusion (DE&I) created to honor the next generation of companies making a difference.
P&G Beauty and Fairchild Media Group (FMG) are pleased to announce the Fairchild Founders Fund: Diversity Equity and Inclusion (DE&I). As part of the 2022 FMG Virtual Diversity Forum, taking place on March 23, this entrepreneurial-focused project is designed to find the next generation of companies who are making a meaningful difference in DE&I. The program is open to start-up and entrepreneurial brands, agencies, retailers, and suppliers in fashion apparel, footwear, beauty, and wellness.
Ideal applicants and brands have an existing DE & I program in place, with a founder who is of a diverse race, gender, ethnicity, age, sexual orientation, nationality, socioeconomic status or disability.
“It’s vital that our events and the conversations we are having around DE&I include action, and that’s exactly what makes this program both especially meaningful and important,” said Amanda Smith, Fairchild Media Group President. “We’re proud to be partnering with P&G Beauty, a global leader of industry who has consistently upheld its commitment to supporting equality and inclusivity for their consumers, business partners and the industry overall. We are excited to see the ideas and innovations that this program helps spotlight and look forward to the opportunities it presents.”
Fairchild’s Founder Fund aligns with P&G Responsible Beauty, which is the company’s commitment to being a positive force for beauty and business in the world. P&G Responsible Beauty takes a systems-thinking approach to beauty that recognizes the connections and interdependence of five essential principles — Quality & Performance, Safety, Sustainability, Transparency and Equality & Inclusion.
“P&G Beauty is committed to enabling equity and inclusivity for all: the more we can raise each other up, the more we will all rise together,” said Kelly Vanasse, Chief Communications Officer, P&G Beauty. “We’re excited about the opportunities for growth we can enable through our partnership with Fairchild’s Founders Fund.”
The selection process includes a review of applicants from a council of industry leaders, including executives from P&G Beauty, WWD, and Beauty Inc. Three finalists will then be invited to pitch their business to attendees and a council of executives chosen specifically to determine the winner at the Virtual Diversity Forum to be held March 23. Post event, a winner will be selected, and they will receive a stipend, business mentorship from P&G Beauty and be featured as part of Fairchild’s Content Studio.
Applications must be submitted by March 7, 2022. If your company is founded by someone from a diverse population group and proactively leading on DE&I initiatives in the entrepreneurial and start-up stage, then this program is for you. There is no cost to apply, link here: https://www.research.net/r/Foundersfund
Winners will be notified before March 23, 2022.
