Financial technology platform Intuit Inc. has announced a nationwide expansion of its Intuit IDEAS small business accelerator program, introducing a dedicated Los Angeles cohort to prepare regional enterprises for major procurement opportunities connected to the LA28 Olympic and Paralympic Games.
Open to local small businesses operating in construction, sports and entertainment event services, and creative, marketing, and media sectors, the initiative is designed to help participants navigate complex procurement structures as LA28 aims to allocate 75% of addressable spend locally and 25% specifically to small businesses.
Building on the documented success of previous cohorts, which achieved an average revenue increase of 23% alongside monthly time savings of 16.5 hours, the expanded 2026-27 program will support over 150 small businesses across metropolitan hubs including Atlanta, Charlotte, Chicago, Dallas-Fort Worth, New York City, Philadelphia, and San Diego, alongside a rural cohort in West Virginia and a national virtual group for military veterans and military-spouse entrepreneurs.
Emphasising the commercial impact of the rollout, SVP of Customer Success at Intuit, David Graham, said: “Since its launch, Intuit IDEAS has helped small business owners strengthen their companies, support their families, and invest back into their communities.”
“This initiative combines Intuit’s platform with hands-on guidance from Intuit experts, giving small business owners the tools, coaching, and support they need to grow, while reinforcing Intuit’s enduring commitment to investing directly in the local communities where we operate.
“The IDEAS program embodies our mission: powering prosperity for small businesses. When entrepreneurs have the right products, the right people, and the right support behind them, they don’t just thrive.
“They shape their community for years to come,” Graham said.
Highlighting the broader economic legacy of the collaboration for Southern California enterprises, LA28 CEO, Reynold Hoover, added: “The 2028 Olympic and Paralympic Games represent a historic economic catalyst for Southern California, but delivering on that requires equipping our local business community with the resources to succeed.”
“We are proud to collaborate with Intuit, a Founding Partner, to launch this targeted cohort for LA-based businesses.
“By pairing critical resources with education on direct pathways to the Games, we are building capacity that will empower our local economy well beyond 2028,” Hoover noted.
Throughout the 12-month program, participating enterprises receive complimentary access to Intuit’s financial technology stack, personalised expert guidance, executive coaching from Zella Life, hardware technology grants, and a USD5,000 (AUD7,156) completion cash grant.
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