John Lewis launches 2017 start-up accelerator

THE John Lewis Partnership is calling for applications for JLAB 2017, its annual global start-up accelerator programme.

Waitrose is joining the scheme this year, creating the UK’s largest retail tech accelerator for firms with disruptive retail tech ideas. The scheme is run with innovation specialist L Marks.

The programme was launched in 2014 to help talented tech start-ups fast-track growth by giving them access to John Lewis’s resources and the chance to apply for funding in exchange for equity. The scheme enables John Lewis to tap into emerging innovation in retail.

Five to ten successful applicants will take part in a 12-week programme. They will receive support from senior-level mentors and free workspace in John Lewis’s head office in London’s Victoria and Waitrose’s head office.

Each team will be eligible to apply for funds of up to £100,000.

Applications open on Tuesday. Start-ups will have until April 30 to apply via jlab.co.uk.