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between-intakes Private Grant

Ulta Beauty MUSE Accelerator

Ulta Beauty

$50,000 + potential retail access

The short version

$50K + retail access for BIPOC beauty brands

Ulta Beauty's annual MUSE (Magnify, Uplift, Support, and Empower) Accelerator selects eight early-stage BIPOC beauty brands for a 10-week retail-readiness program that includes a $50,000 grant, curriculum covering brand strategy and supply chain, mentorship from established beauty founders, and a demo/pitch opportunity. One participant also receives an additional $10,000 through a Fifteen Percent Pledge partnership. The program targets BIPOC-led brands that are not yet in Ulta retail but are ready to develop toward that goal.

Funding type
Grant
Level
Private
Amount range
$50,000 – $60,000
Realistic amount
All 8 participants receive $50,000 each. One additionally receives $10,000. The retail opportunity (potential Ulta shelf…
Deadline
Annual — 2024 cycle applications opened June 3, 2024. 2025 cohort is currently underway (announced fall 2025). Contact MUSEAccelerator@ulta.com or monitor ulta.com/company/dei/muse for 2026 cycle announcement.
Status
between-intakes
States
Nationwide
Payment model
lump sum

Who qualifies

Hard requirements

What it covers

Eligible expenses

  • Product development and formulation
  • Packaging and branding
  • Marketing and distribution
  • Manufacturing scale-up
  • Working capital
  • Any legitimate business expense

Ineligible expenses

  • Personal expenses unrelated to the beauty business
  • Non-beauty businesses
  • Brands already in broad Ulta retail distribution

How to apply

  1. 1

    Monitor for application announcement

    Visit ulta.com/company/dei/muse/muse-accelerator or email MUSEAccelerator@ulta.com in late spring/early summer to inquire about the 2026 cycle. The 2024 cycle opened June 3; a similar timeline is expected for 2026.

  2. 2

    Submit online application

    Complete the application detailing your BIPOC-led beauty brand: products, stage of development, founder story, and specific plan for how you would leverage the program's resources and retail opportunity.

  3. 3

    Selection and cohort announcement

    Eight brands are selected from the applicant pool. Selection is announced publicly, typically in late summer or fall of the application year.

  4. 4

    10-week accelerator program

    Participate in a 10-week curriculum covering brand strategy, retail fundamentals, supply chain logistics, and financial planning. Includes mentorship from Ulta Beauty Merchandising partners and established beauty founders, plus a demo/pitch opportunity at program close.

Insider tip

The retail readiness pathway and Ulta Merchandising partner mentorship are the program's primary long-term value — $50K cash is meaningful but potential Ulta shelf access is worth exponentially more. Apply with a distinct product story and a clear retail strategy.

Deadline & timing

The 2025 cohort of 8 brands was announced and the program is currently underway. The 2026 application cycle dates had not been announced as of late May 2026. The 2024 cycle opened June 3, 2024. Monitor ulta.com or email MUSEAccelerator@ulta.com for 2026 opening announcement.

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Last reviewed 2026. GrantCompass is an independent funding-discovery tool and is not affiliated with any government agency. Always confirm details on the official program page.