Collider: A Lowe's Innovation Labs Production
In 2016, when Lowe’s Innovation Labs expanded its Indian presence through LIL-Bengaluru, our our first goal was to engage India’s start-up ecosystem to rapidly identify opportunities, develop proofs of concept and deploy new technologies in the U.S. market.
After studying the approach – and limitations – of typical startup accelerator programs, we developed the LIL Collider. This initiative offers a new model for interacting with the Indian innovation ecosystem and a much quicker, more fluid approach to immersing start-ups in the world of Lowe’s.
Unlike a traditional accelerator, LIL’s Collider is designed to help both startups and Lowe’s derive greater value by quickly identifying opportunities for uncommon partnerships. This program is punctuated by an ongoing collision of ideas, personalities, and rapid immersion in LIL’s future narratives – our approach to building seemingly impossible futures alongside our partners.
Selected startups benefit from access to Lowe’s senior management and targeted guidance on developing real-world solutions: workshops and closed group networking with experienced mentors and industry leaders; and access to a wide investor and corporate network through Lowe’s partners.
Collider is currently run out of the LIL-Bangalore facility, located in the heart of downtown Bangalore’s thriving start-up ecosystem.
Learn more about the first startups engaged through this program.