Accelerating the Commercialization of Cleantech Startups Through Innovative Access to Financing
Mona Mirakhor, LACI
LACI (Los Angeles Cleantech Incubator) is partnering with government, utilities and corporations to achieve ambitious mobility and electrification goals for the City of Los Angeles by 2028. LACI recognizes that bold objectives require innovation around early-stage cleantech startup's access to capital. LACI and its Capital Access Program (CAP), partially funded by a grant from the DOE, are tackling the debt working capital gap that most cleantech startups face. Linking existing LACI and CDFI best practices, and together with impact investors, this program aims to de-risk and increase flow of debt capital to startups struggling to fund their growth.
capital, CDFI, cleantech, Debt, DOE, impact
Ramsay Huntley, VP of Clean Technology & Innovation Philanthropy Program at Wells Fargo; Matt Petersen, President & CEO LACI; Gustavo Occhiuzzo, CEO & Founder Green Commuter
Ryan Bjorkquist , Director Environmental Stewardship at Union Bank