BMW Group Financial Services UK Launches Third Startup Collaboration Programme

by Startacus Admin

Innovative startups are currently being sought by BMW Group Financial Services UK which has just launched the third instalment of its Innovation Lab, run in collaboration with corporate innovation specialists, L Marks.
Having created the UK’s largest network of corporate accelerators, L Marks is now recognised as a leader in business change.
This year’s lab is building on the successes of the previous two Labs, which saw emerging partnerships with early-stage companies such as Wrisk and Drover and it has now evolved into a new Relay format which enables focus on individual challenges, one at a time, in three back-to-back 10-week programmes.
For this instalment, the focus is on innovative solutions that will positively disrupt the wider automotive finance industry and thereby enhance its customer offering.
Applications are currently open for startups which could help to reimagine product offerings for the retailer, in the category:
Embracing the Next Curve of Individual Premium Mobility
Additionally, BMW Group Financial Services UK will also be searching on an ongoing basis for truly pioneering and transformative ideas as part of the ‘Wildcard’ category.
A new window will open on 6th April 2020 for the following categories:
Fostering a Unified, Customer-Led, Internal Transformation and
Automotive Mobility Data Insights, Analytics & Machine Learning.
The startups that are selected to participate in the Lab will receive dedicated mentorship from BMW’s senior management, a collaborative working environment at the company’s UK Head Office in Farnborough, as well as having the opportunity to test their solutions in live customer environments. In addition to this, the early-stage companies will also be provided with scale up advice from external subject matter experts.
Applications for this fantastic opportunity will close at 23:59 GMT on Sunday, 9th February.
Successful applicants will then be invited to a Pitch Day on 6th March where they can pitch their idea to a BMW senior leadership team. The programme itself will start on 6th April when the 10-week intensive collaboration will begin.
The grand finale will take place on 12 November at the Innovation Summit Demo Day when all startups from each of the three Labs will be brought together. Here, they will demo all that they have achieved during the Lab as well as present their ideas and proposals for future engagement with BMW.
If you’re interested in finding out a little more about this great opportunity or in applying, simply visit the BMW Innovation Lab website for all the necessary details.
Best of luck to all who apply!
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Whirli is an innovative toy subscription service providing you with access to a huge ever-changing toy box

If, like many of us you're working from home at the moment, here are a few basic tips to help you do just that - in comfort

The award winning Lloyds Lab incubator is back and is currently seeking innovative startups to join its latest cohort, Cohort 6.

The f:Entrepreneur ‘#ialso100’ campaign that's showcasing the inspirational female entrepreneurs who are running small businesses and supporting their communities

Bankhouse Media, the leading full-service digital marketing agency expands its offering and sets up a Belfast base in Glandore

Leading event marketplace, Feast It secures major funding boost to assist with its expansion to full event planning and also further grow its virtual events offering

The London-based fintech innovator, PayDashboard, receives Innovate UK Funding to support its growth in the financial wellness space

Manna is an innovative Irish startup that's on a mission to use commercial drones and make 3-minute delivery within the community a reality

Reboxed is a Brixton-based sustainable commerce startup that's created a smarter, safer, more sustainable way to buy and sell your tech

Planning a marketing campaign for your business for the year ahead? These tips will help you ensure that it's a success
Published on: 20th January 2020
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.







- Innovative InsurTech startups take note - Lloyds Lab wants to hear from you 14th Jan 2021 The award winning Lloyds Lab incubator is back and is currently seeking innovative startups to join its latest cohort, Cohort 6.
- Female Entrepreneurs Powering Economy and Communities Celebrated 13th Jan 2021 The f:Entrepreneur ‘#ialso100’ campaign that's showcasing the inspirational female entrepreneurs who are running small businesses and supporting their communities
- PayDashboard secures funding boost for its innovative payslip platform 12th Jan 2021 The London-based fintech innovator, PayDashboard, receives Innovate UK Funding to support its growth in the financial wellness space
- The Wild Curl crowdfunds to fight against hair discrimination 21st Dec 2020 The Wild Curl launches crowdfunding campaign to help with its mission of disrupting the beauty industry and fighting against continuous hair discrimination