Sephora has announced the launch of its popular Accelerate program for 2018. Now in its third year, the Sephora Stands initiative is accepting applications for the Accelerate 2018 Cohort in the technology and sustainability (US only) categories through October 31.

The Accelerate program aims to foster early-stage beauty businesses founded by female entrepreneurs, helping the selected female-founders create a support eco-system that they can tap into for guidance as their businesses grow.

By 2020, Sephora Accelerate aims to support more than 50 women-led beauty businesses with social impact through boot camps, mentorship and small loans.