Climate Tech Finance is a first-of-its-kind partnership designed to accelerate the development and adoption of technologies that reduce greenhouse gases in the Bay Area. Established in 2018, Climate Tech Finance is a program of the Bay Area Air Quality Management District operating in partnership with the California Infrastructure and Economic Development Bank (IBank).
Climate Tech Finance bridges a financial gap between climate entrepreneurs needing working capital and commercial and community banks seeking to participate in the high-growth, high-impact clean technology market. Climate Tech Finance works across the entire innovation-adoption spectrum: offering loan guarantees that de-risk the lending process and help climate entrepreneurs secure working capital.
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