Here’s another company at the game: Target, in Partnership with Techstars, Is Accepting Applications for Its New Retail Startup Accelerator
The key point as follows:
“In a bid to innovate both its online and in-store experience, Target has partnered up with Techstars to create a retail-focused accelerator program.”
So Target are running the accelerator primarily to help innovate its own offering.
And here too another great article on why companies and specifically CIO’s in this case, should work with startups: Why working with startups is worth it
So when it comes to learning what it means to be agile, fast, and tolerant of risk, who better to turn to than those organisations that live by these words every waking moment: The startup community.