BMW Group Financial Services, the finance division of Germany-headquartered automotive manufacturer BMW, has launched Innovation Lab, a 10-week UK-based initiative for startups looking to partner the company.

BMW, which provides insurance as well as retail and commercial financing for BMW vehicles through the subsidiary, is running the scehem with L Marks, an investment fund that also partners several other corporate-sponsored accelerators including utility EDF’s Blue Lab.

Innovation Lab aims to develop early-stage and growth companies that can assist BMW in…