July 23, 2013 AT 3:23 pm

Hardware Giant Flextronics Is Launching Lab IX, An Accelerator That Gives $500K To Each Hardware Startup #makerbusiness

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Hardware Giant Flextronics Is Launching Lab IX, An Accelerator That Gives $500K To Each Hardware Startup @ TechCrunch.

If innovations in 3D printing, and platforms like Kickstarter and Indiegogo, are making it easier than ever for hardware startups to conceive and prototype new gadgets, then Flextronics, the San Jose-based manufacturer that works with Apple and many others on smartphones and more, is putting its hat in the ring to tap into hardware startups another way. It is launching a new accelerator, Lab IX, based out of Milpitas (where the company also has an R&D center), which will award $500,000 to each selected company to grow their ideas.

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