Mooresville-based Lowes has just announced plans to launch a new pitch competition, similar to the hit reality show “Shark Tank”.
According to a press release, Lowes will use the new “Into the Blue” event to invest over $5 million into entrepreneurs and small companies, placing winning products in 1,700+ retail stores and online at Lowes.com.
“Into the Blue: Lowe’s Product Pitch Event gives entrepreneurs the chance to take their business to the next level,” said Bill Boltz, executive vice president, merchandising. “We are inviting businesses of any size to apply for Into the Blue because the more innovative products we uncover, the more solutions we can provide to our customers to make their homes and lives better.”
Today through Aug. 14, interested entrepreneurs can submit their concepts and products at Lowes.com/Suppliers. Selected products will then be pitched directly to Lowe’s representatives and leadership executives on Nov. 2-3, 2022 at the new Lowe’s Tech Hub tower in South End.