The Target Technology Accelerator in entering its fifth iteration, designed for tech-enabled start-ups with capabilities that could enhance the retail value chain. The program exposes these start-ups and their founders to the wealth of knowledge and expertise within Target. Historically, select start-up participants have engaged in proofs-of-concept, tests, pilots, and commercial contracts.
This year, the Technology Accelerator is collaborating with noteworthy partners including Intel, Microsoft for Startups, Procter & Gamble, Salesforce, Zebra, and other key Target partners. These partners will complement the knowledge and mentorship provided to the participating start-ups with meaningful subject matter expertise providing a more holistic view of the retail industry. Leaders from these organizations have contributed to the identification and selection of the participating start-ups, and will provide workshops on core competencies, mentorship from subject matter experts, and other personalized offerings.
Meet the 2020 Cohort:
Bridg, Inc : iA customer data infrastructure company that delivers retailers and CPG companies the ability to identify, understand, and engage their unknown offline in-store customers.
Divert: A Honeybee platform that uses IoT tools and prescriptive analytics to measure and optimize freshness throughout the retail supply chain to reduce food waste.
Hyr Inc: An app-based platform that instantly connects retailers with skilled and experienced gig workers to fill hourly paid shifts.
LimeLoop: Has technology-enabled reusable shippers provide valuable data, enable predictive analytics, and better protect delivered packages, while increasing the customer experience and reducing environmental impact.
RADAR: Combines RFID and computer vision to automate retail store processes with unprecedented speed and location, efficiently managing inventory and customer interactions.
Smarter Sorting: Uses chemical and physical data to classify consumer goods (smarter) to help retailers reduce waste, automate decision-making, and improve efficiency across the supply chain.
Strella Biotech: Creates biosensing platforms that predict the ripeness of fruit to help optimize the food supply chain.
The Good Face Project: The Good Face Project has developed an ingredient-driven AI tool personalizing the beauty shopper experience, helping consumers find effective products.
The Tech Accelerator is one of several Target Accelerator programs, all designed to jump-start the growth of start-ups as well as bring learnings back to Target.
Photo: via Target