INTU · News · 20260929N

Strategic Initiatives

INTUIT INC. · 2026-09-29 · Importance 34 · Surprise 42 · In source text

Intuit expanded its IDEAS small-business accelerator and launched a Los Angeles cohort tied to procurement opportunities for the LA28 Olympic and Paralympic Games. The program targets construction, event services, creative, sports, and entertainment businesses and aims to support more than 150 small businesses nationwide. It includes AI-powered products, expert guidance, hardware, and financial grants, with cohorts also planned for rural businesses in West Virginia and veterans. LA28 procurement plans call for 75% of addressable spend to be allocated locally and 25% to small businesses.

Key facts

• Intuit has launched a 12-month accelerator program aimed at connecting Los Angeles-area small businesses with opportunities related to the 2028 Olympics. source
• Intuit has expanded its IDEAS small business accelerator program and introduced a new LA28 Cohort specifically for Los Angeles-area businesses. source
• The LA28 Cohort aims to prepare small businesses in construction, event services, and creative fields for procurement opportunities related to the LA28 Olympic and Paralympic Games. source
• The LA28 Cohort has the goal of allocating 75% of addressable spend locally and 25% to small businesses. source
• The IDEAS program includes AI-powered products, expert guidance, and financial grants. source
• The expanded program will support over 150 small businesses nationwide, including a new Rural Cohort in West Virginia and veterans. source
• The accelerator program offers cash grants, hardware, and coaching to businesses in sectors like construction, sports, entertainment, and creative services. source

Impact estimates