J&J is hunting for beauty innovation ideas for up to 50k USD investment
Johnson & Johnson Innovation, JLABS (JLABS) and Johnson & Johnson Consumer Inc. are holding a Digital Beauty QuickFire Challenge to find the next innovation in beauty.
The competition aims to award winning ideas up to $50,000 in grants, up to one year of residency at an available local JLABS incubator, access to a network of consumer experts, and admission to test the product with consumers at the Johnson & Johnson Consumer Inc. Consumer Experience Center (CxC).
“If you have a good idea for a product, service or technology to help consumers tackle today’s toughest skincare challenges, from innovative devices to digital technologies, and everything in between, we’re looking for solutions that create powerful, connected experiences for consumers everywhere,” the company says. Applications close 19 January 2018; find out more here.
Areas of focus
The challenge is seeking innovations particularly across three core areas:
Insights-Generating Tools that empower consumers to make better informed skincare choices, such as at-home skin assessments, coaching engines, and personalization tools to simplify product selection and build regimen.Impact Tracking Devices and Adherence Solutions that help improve consumers’ skin health management by monitoring skin-impacting factors such as pollution, UV, and skin biomarkers.
Digital Technologies or Devices that increase efficacy beyond traditional topical applications to progress skin health for consumers with hard to treat concerns such as acne, photoaging, and eczema.
Applications must come from an incorporated company, must have a prototype/technology minimum viable product accessible for commercialization within 12 months, and must have the ability to accommodate a digital connection
Johnson & Johnson Innovation, JLABS (JLABS) is a global network of open innovation ecosystems, which says it aims to enable and empower innovators to create and accelerate the delivery of life-saving, life-enhancing health and wellness solutions to patients around the world.