At Startacus we have followed the progress of the JLAB programme with interest since its inception 3 years ago, and are glad to see it make a return and bring a spot of colour to the London accelerator circuit.
On with the details!
What is JLAB?
It is is an annual 12-week accelerator programme in which major retailer John Lewis throws open its doors to 5 of the most innovative and promising startups in the retail space, that could potentially help improve the company’s operations.
The programme will give startups the opportunity to take their businesses to the next level as well as build deep relationships with the UK’s leading omni-channel retailer. What will Startups Get?
The 5 startups that are selected to take part in JLAB will be given access to some nice benefits including:
Product validation from both John Lewis and their customers
Mentorship from John Lewis senior leadership
Investment from the JLAB micro-fund (there is a total fund of £200K and each startup will have access to a maximum of £100K)
Expert mentors from the retail space
Free office space in John Lewis’ London Headquarters
A first-class education programme based on the Disciplined Entrepreneurship Method from MIT
Who is it For?
Innovative retail Startups at any stage of development are especially encouraged to apply for this opportunity.
Specifically JLAB has outlined a few key categories that it is particularly interested in with the upcoming programme:
Health & Well-Being - Exciting products or services that might help John Lewis customers to take better care of themselves
Simplify My Life- i.e. innovations that might help to simplify the lives of John Lewis Customers
Effortless Shopping- New ideas which will help to make the shoppers in store / online
Tech for Kids- New products that are aimed at kids
Surprise us- This is a wildcard category so you can let your imagination run wild!