Explainer — not an official rules document
How retail pitch competitions and supplier-diversity programs work
Retailers use two related tools to find new products from smaller and under-represented businesses: time-limited pitch competitions, and permanent supplier-diversity programs. Here is how each one typically works, with Lowe’s and WBENC as sourced examples.
The typical stages of a retail pitch competition
Pitch programs differ in detail, but public accounts of Making It… With Lowe’s show a sequence that is common to the format:
| Stage | What happens | Making It, season two (2021) |
|---|---|---|
| 1. Open call | Entrepreneurs submit a product and business details during a set window. | Thousands of submissions, per Lowe’s. |
| 2. Screening | The retailer’s team narrows the field, usually on product fit for its categories. | Narrowed to 14 top entrepreneurs. |
| 3. Pitch material | Finalists prepare a short pitch, often a video. | Each submitted a five-minute video. |
| 4. Public vote (optional) | The public picks a “fan favorite,” which can earn a prize or a place in the final. | Vote open through Oct. 15; top vote-getter earned a $5,000 grant and a final slot, per HBS Dealer. |
| 5. Executive selection | Retail executives choose finalists. | Five chosen by Lowe’s executives. |
| 6. Final pitch | Finalists pitch live to a panel; a winner is named. | Nov. 1 final hosted by Daymond John; winner announced Nov. 23. |
| 7. Onboarding | Winners go through the normal supplier set-up before products ship. | Winner to sell on Lowes.com and in stores nationwide. |
Stage 7 is easy to overlook. Lowe’s said after season one that its merchandising team gathered feedback to simplify steps like completing requirements and obtaining certifications — a reminder that winning a pitch is the start of vendor onboarding, not the end of it.
What to look for in any program’s official rules
When a retailer runs a competition, its official rules document sets the terms. Before entering, read it for at least these points:
- Eligibility — who may enter (business size, ownership, location, product category).
- Entry window and deadlines — including voting periods if there is a public vote.
- Judging — who decides each round and on what criteria; how any public vote is counted.
- Prizes — exactly what is promised (grant amount, mentoring, a purchase order, shelf placement) and any conditions, such as meeting supplier requirements.
- Rights you grant — how the sponsor may use your pitch video, name and product images.
- Voter terms — public votes may collect personal data; in 2021, HBS Dealer reported voters gave an email and mailing address and were entered for a $2,000 gift card.
Supplier-diversity programs: the permanent side
A supplier-diversity program is an ongoing effort by a company to source from businesses owned by groups that have been under-represented in its supply chain. Wikipedia’s overview lists common categories — minority-owned, women-owned, veteran-owned, service-disabled veteran-owned, LGBT-owned, and SBA-defined small businesses — and notes that scholars trace the concern back to the civil rights movement of the 1960s.
Most programs rely on third-party certification rather than self-declaration. Lowe’s prospective-supplier FAQ, for example, defines a diverse business as U.S.-headquartered, for-profit, and at least 51% owned, operated and controlled by women, minorities, veterans, persons with disabilities or LGBTQ individuals, holding a current certificate from an accredited organization. Lowe’s also recognizes HUBZone, Small Disadvantaged Business and 8(a) classifications — and says certification is highly recommended but not required, and does not guarantee business.
Example: WBENC certification for women-owned businesses
The Women’s Business Enterprise National Council certifies women’s business enterprises (WBEs). Its eligibility test is the same 51% threshold: the business must be at least 51% owned, controlled, operated and managed by one or more women, who must show day-to-day management and a proportionate investment of capital or expertise. Applicants work through one of 14 Regional Partner Organizations, submit ownership, financial and governance documents, and complete a site visit. WBENC is also an approved third-party certifier for the SBA’s Women-Owned Small Business federal contracting program.
| Annual gross revenue | WBENC processing fee (non-refundable) |
|---|---|
| Under $1M | $350 |
| $1M to under $5M | $500 |
| $5M to under $10M | $750 |
| $10M to under $50M | $1,000 |
| $50M and above | $1,250 |
Fees as listed by WBENC in October 2026; WBENC notes a 3% surcharge on credit-card payments from July 1, 2026.
How the two connect at Lowe’s
Lowe’s routes retail product pitches through RangeMe (private-brand pitches through PROVIS), and lets applicants upload diversity certifications alongside product information. Registration asks for company details, a federal tax ID and a D-U-N-S number, and is free. Lowe’s is explicit that registering does not guarantee a bid request or contract, that vendor numbers are issued only to selected suppliers, and that product line reviews and RFPs are driven by contract expirations and new business initiatives rather than by portal sign-ups. For how those reviews work, see Sheet 05.
Sources
- Lowe’s newsroom press release, Feb. 18, 2021
- HBS Dealer: Making It makes it back
- Lowe’s newsroom: top entrepreneur of 2021 (Nov. 23, 2021)
- Lowe’s: Supplier registration
- Lowe’s Prospective Supplier FAQ (PDF)
- WBENC: Certification
- WBENC: Around the Network, October 2021
- Wikipedia: Supplier diversity
All sources opened and checked in October 2026. Program details, prices and rules change; confirm with the official source before you act.