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Oportunidad de Financiamiento
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LACI Incubation Program 2023
Nombre de la Organización
LACI
Resumen de la oportunidad
Two-year cleantech program to drive impact, market & investment readiness, and pilots.
Eligible Applicant

Descripción

Eligibility:

  • Have a cleantech solution that addresses Clean Energy, Zero Emissions Transportation, or Circular Economy with a focus on Smart & Sustainable Cities.
  • Have a significant operations or sales presence in Southern California with founder or key executive able to attend meetings, workshops, and events on campus periodically at least four times in the first six months.
  • Commit to all curriculum and mentorship opportunities during the first six months, approximately three to five hour weekly commitment.
  • Preferably have two full-time employees and a strategy to grow the team in Southern California.
  • Own or hold license to a novel proprietary technology.
  • Have a working prototype (TRL 4+).
  • Need funding assistance for pilot execution, beyond sole purchase of technology or product.
  • Agree to a 1.5-3% equity stake in the form of a warrant with the opportunity to earn back through achieving impact milestones.
  • Must be based in the United States.


Benefits:

  • A 45-hour advanced curriculum based on LACI’s decade-plus experience across hundreds of cleantech startups. Study impact-focused business roadmapping, building your team with inclusivity, customer acquisition, and creating a strong legal foundation for business growth and investment readiness.
  • One-hour weekly advisory with a dedicated Executive in Residence, who provides coaching, accountability, and mentorship to define business milestones.
  • Qualify for up to $50,000 in funding for a small-scale pilot deployment. Develop pilot strategy, design, and budget, and receive execution feedback.
  • Up to $500,000 in equity funding and debt financing through LACI’s Impact Fund and Debt Fund.
  • Investment-preparation advisory services from LACI Investments Team, including our Senior Director of Investment Relations who has helped startups raise over half a billion in funding from investors like Energy Impact Partners, Mark Cuban Companies, Blackrock, Trucks VC and others.
  • Access to $160,000 worth of perks & platforms to support fundraising efforts (e.g. Pitchbook), grant solicitations, news publications, and product development tools (e.g. SolidWorks, Autodesk).
  • Present at annual Power Day pitch and showcase event in front of 200+ attendees and 100+ angel, venture capital, corporate strategic, and family office investors in addition to corporate, public utilities, and various government agencies.
  • Opportunities to meet relevant investors and partners through events like monthly LACInvestor Talks.
  • 25% to 50% discounts on desk space or private office memberships at the La Kretz Innovation Campus and Advanced Prototyping Center in Downtown Los Angeles.
  • Up to $5,000 per year in free business support services from LACI’s vetted suite of startup-friendly service providers, including legal, accounting, grant writing, and creative content.
Fondos Disponibles
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Cantidad máxima del premio
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Etiquetas
Energías Renovables
Recursos Energéticos Distribuidos
Carbón
Transportación
Eficiencia Energética
Presupuesto
Resiliencia
Justicia Ambiental
Equidad
Tecnología Emergente
Combustibles Alternativas
Recursos Naturales