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Miilo targets Internet sales for minority cosmetics
Wednesday, March 10, 2010
| Source:
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The problem: Finding the best cosmetics for people of color. The solution: Miilo.
At least that's what the three budding entrepreneurs at the University of Michigan's
Ross School of Business
are hoping happens with their new start-up. Kimberly Dillon, Oswaldo Maxwell and Kelley Washington are creating a website that specializes in selling cosmetic and hair-care products for women of color.
"There is a contingent of us who regularly go to Ypsilanti or Detroit to buy beauty products," says Dillon, a U-M MBA student and founder of Miilo. "It's a universal problem. Anytime you go to a new city you have to find the store that sells the products because they aren't sold at mass retailers."
The Ann Arbor-based start-up recently won $1,000 from the
Michigan Business Challenge
, which is sponsored by U-M's
Zell Lurie Institute for Entrepreneurial Studies
. The trio of women is using that cash to finish developing their website, which they hope to launch before the end of the year.
Source: Kimberly Dillon, founder of Miilo
Writer: Jon Zemke
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