Exelon Corporation and the non-profit Exelon Foundation are searching for promising early-stage companies for the 4th annual Climate Change Investment Initiative (2c2i), a 10-year, $20 million initiative that focuses on start-ups with bright ideas and clean energy and environmentally sustainable technologies with potential for wide-scale impact.
Qualified startups that can apply to 2c2i are:
- Positively impacting climate change – GHG Mitigation or Resiliency and Adaptation
- Currently working on, or have the potential to work on, addressing climate change in one of Exelon’s service territories (Chicago, Philadelphia, Washington DC, Baltimore, Atlantic City, Wilmington DE)
The Exelon Foundation will invest up to $250,000 of equity investment per selected company and the Exelon Corporation will provide additional in-kind services to support the chosen startups.
Applications will be accepted until Sept. 23rd, but startups are encouraged to apply as soon as possible to ensure adequate time to review their application and schedule follow-up calls. Finalists will be invited to pitch to leadership at Exelon as well as community stakeholders.
Please see ExelonFoundation.org for more information on how to apply or contact Laurie Actman at lactman@upenn.edu with any questions.
You can also read the press release on this year’s winning startups here.