Category: N-News

Mayor Eric Garcetti and LACI Announce First Cohort for New Impact Acceleration Program for Small Businesses and Startups in City of Los Angeles

13 Small Business and Startup Founders from Low Income Neighborhoods and Underrepresented Populations Participate in Inaugural Founders Business Accelerator Program Created with the City of Los Angeles

Los Angeles, May 30, 2019. The Los Angeles Cleantech Incubator (LACI) announces the first cohort of 13 small business founders selected to participate in the Founders Business Accelerator (FBA), a small business and startup acceleration program to help underrepresented small business and startup founders in low income neighborhoods in Los Angeles grow their business and increase their community, social and environmental impact.

“Small businesses are the beating heart of our economy—job creators that share Los Angeles’ innovative spirit with the world,” said Mayor Eric Garcetti. “Working together with LACI, we’re ensuring small business owners have the tools they need to reach new markets, grow their bottom-line and thrive.”

The FBA program will help business founders grow their businesses by pairing them with mentors to refine their goals, finances and strategies, as well as provide up to $5,000 in legal, human resources and marketing consulting services. Additionally, founders will learn how to create and increase their business’ community, environmental and social impact.

“Many of the diverse business owners we encounter are poised to grow exponentially, given the right know-how, mentoring, facilities and network,” said Sonya Blake, Director of Community Business in the Mayor’s Office of Economic Development. “The vibrant ecosystem the City has built at LACI is exactly what these small businesses need to succeed.”

“Los Angeles is creating opportunities to give small businesses the tools they need to thrive and revitalize communities,” said Councilmember Paul Krekorian. “By investing in our small business owners through the Founders Business Accelerator program, we’re helping promote job growth, enhancing our local economy and ensuring that our entrepreneurs succeed.”

“I believe in the power of entrepreneurship and I believe that small businesses are central to the health and well-being of our communities,” said Councilmember Marqueece Harris-Dawson. “I am proud to support the Founders Business Accelerator, which helps founders increase their social, economic and environmental impact. I know that with a little expert training and guidance, the incredible entrepreneurs from South L.A. and across this region can make their businesses really soar.”

“From leading the development of the City’s business portal to creating the Small Business Academy—supporting small, women and minority owned businesses has been a strong focus of my work throughout my career,” said Councilwoman Monica Rodriguez. “I am proud to support the Founders Business Accelerator—this program is an innovative way to create good jobs and put more resources back into our communities.”

The first workshop of the FBA program was held on May 11, 2019 and the program runs through July 2019. LACI vetted almost 200 applications for the first cohort, illustrating the opportunity and interest amongst small business founders in L.A. Applicants were accepted to the program based on ability to scale, commitment to social and environmental impact and their company’s business model. All the founders live and have their businesses located in the City of Los Angeles.

“Many people know LACI for our work with cleantech startups—now thanks to the City of Los Angeles, we are honored to offer business accelerator services to small businesses and early stage startup founders in neighborhoods across the city,” said Matt Petersen, CEO of LACI. “We are excited to work with this first cohort of founders to help them increase their impact, create a sustainable business model and access capital.”

The first cohort of businesses includes:

The Founders Business Accelerator is a free program designed to help small businesses grow, prompted by the Mayor’s Office of Economic Development. It is funded by the Community Development Block Grant funding via the Economic and Workforce Development Department. Additional support was provided by Councilmembers Marqueece Harris-Dawson and Monica Rodriguez to recruit applicants and support the program.

About LACI

The Los Angeles Cleantech Incubator (LACI), a City of Los Angeles-established nonprofit organization, is creating an inclusive green economy by: unlocking innovation through working with startups to accelerate the commercialization of clean technologies, transforming markets through partnerships with policymakers, innovators and market leaders in transportation, energy and sustainable cities; and enhancing communities through workforce development, pilots and other programs. Founded as an economic development initiative by the City of Los Angeles and its Department of Water & Power (LADWP), LACI is recognized as one of the most innovative business incubators in the world by UBI. In the past seven years, LACI has helped 78 portfolio companies raise $221M in funding, $220M in revenue, create 1,750 jobs, and deliver more than $393M in long term economic value. Learn more at laci.org

Contact

Sarah Bryce
424.362.9462
sarah@laci.org

Climate Solutions Startup Competition to Showcase California’s Innovation Ecosystem

Applications Open for California Climate Cup — Putting the Call for a Green New Deal into Action

LOS ANGELES (April 15, 2019) The Los Angeles Cleantech Incubator (LACI) and New Energy Nexus are seeking solutions and entrepreneurs to accelerate climate action in California and around the world. Applications for the California Climate Cup startup competition will be accepted until May 15, 2019. The grand prize winner will receive $25,000 in non-dilutive award money and priceless exposure to California’s business and policy ecosystem.

In its second year, the California Climate Cup debuted at the 2018 Global Climate Action Summit, where innovative startups from around the world pitched their technology and ideas for innovation to decision-makers across the world.

“Winning the first ever California Climate Cup was a great experience because it gave me unparalleled visibility with corporates, funders and state agencies. California has created an amazing innovation ecosystem and it is a thrill for me that Solstice’s IoT software is one of the game-changing climate solutions that is building the inclusive green economy,” said Ugwem I. Eneyo, co-founder and CEO, Solstice Energy Solutions.

“As the fifth largest economy in the world, California has visionary leaders who have put policies in place to shift markets and unleash innovation from entrepreneurs,” said Matt Petersen, President and CEO of LACI. “These market signals ensure California remains a global leader and innovator in driving progressive environmental initiatives forward while growing our economy. The entrepreneurs who compete for the California Climate Cup are putting the Green New Deal into action and serving as an example to other regions.”

“California is a world leader in a lot of ways—including experiencing the impacts of climate change,” said Danny Kennedy, CEO of New Energy Nexus. “The good news is we are also demonstrating the solutions, especially in LA. The California Climate Cup is a great platform for entrepreneurs to showcase their most innovative climate change solutions and technologies to California’s policy and business leadership. We will shine a light on the startups that will bring us the clean mobility and electricity we need and speed them on their way to commercial success.”

The California Climate Cup will showcase inspiring ideas from startups across three cities over three days.

  • June 25 – Los Angeles. Nine semi-finalists (three per category) will pitch their ideas to a panel of distinguished judges at La Kretz Innovation Campus in the heart of downtown Los Angeles. Category winners will be announced.
  • June 26 – San Francisco. Semi-finalists will network with and pitch to Silicon Valley entrepreneurs and VCs.
  • June 27 – Sacramento. Semi-finalists will pitch to policymakers in California’s capital. Overall winner will be announced at the State Capitol to an audience of policymakers and agency officials.

We are seeking applicants who have a solution that is deployable in California and potentially scalable across the world. Companies must be less than five years old, with less than $5M in revenue, and have a product in pilot, beta, or prototype stage. We are looking for companies that are answering the call for a Green New Deal—competition categories address the greatest climate resilience and carbon reduction needs in critical sectors and winning companies will be working to specifically address SB100 or the goals of the Transportation Electrification Partnership.

 

 

Clean & Smart Grid

• Renewable energy

• Energy storage

• Digital and physical (wildfire) grid security

• Grid load optimization & efficient technology bundling

• Transactive energy

Energy/Transportation Nexus

• EV charging and energy storage infrastructure

• Charging solutions for medium- and heavy-duty vehicles and fleets

• Demand response, smart charging, charge management (V2G, V2H)

Zero Emissions Transportation

• Goods movement and urban logistics

• People movement, urban mobility and access

• First and last mile

 

The California Climate Cup application deadline is May 15, 2019.  For more information and to apply visit laci.org/climatecup.

 

About LACI

The Los Angeles Cleantech Incubator (LACI), a private nonprofit organization, is creating an inclusive green economy by unlocking innovation (working with startups to accelerate the commercialization of clean technologies), transforming markets (through partnerships in transportation, energy and sustainable cities) and enhancing communities (through workforce development, pilots and other programs). Founded as an economic development initiative by the City of Los Angeles and its Department of Water & Power (LADWP), LACI is recognized as one of the most innovative business incubators in the world by UBI. In the past seven years, LACI has helped 78 portfolio companies raise $221M in funding, $220M in revenue, create 1,750 jobs, and deliver more than $393M in long term economic value. Learn more at laci.org.

 

About New Energy Nexus

New Energy Nexus (NEX) is a global organization that supports the next wave of entrepreneurs with funds, programs, and connections that reflect emerging trends in the clean energy economy. Since 2004, New Energy Nexus (formerly known as the California Clean Energy Fund) has leveraged $1.5 billion in investment, invested in more than 100 clean energy enterprises, and launched industry leading centers for collaboration. Our network includes more than 100 incubators and accelerators, funders and development organizations from 29 countries around the world. We have offices in California, Shanghai, Singapore, Indonesia and Vietnam.

 

Media Contact:

Sarah Bryce

media@laincubator.org

Los Angeles Cleantech Incubator Celebrates Success of AIR Artist-in-Residence Program Launching Second Year Funding from the Durfee Foundation

Call for submissions open for a second year as AIR fosters innovation by supporting research-led artists to combat climate change

Los Angeles, CA – Los Angeles Cleantech Incubator (LACI) today launched the second year of its Artist-in-Residence Program (AIR) by opening its application process for a new cohort of diverse artists. LACI is hosting a panel today with 2018 resident artists—Rebecca Bruno, Nova, Jiang, and Program Founder Debra Scacco— who will discuss how the residency impacted their art practice through exposure to the intellectual and mechanical resources housed at LACI.

AIR is a pioneering program at the intersection of art and the environmental sector.  The first of its kind at the LA Kretz Innovation Campus, AIR is made possible through generous support from the Durfee Foundation, a family foundation investing in extraordinary people and programs to improve the lives of those living in Los Angeles, and many others. The program continues to engage donors to meet its funding needs for the coming year.

AIR is designed to uniquely function within a clean technology incubator. Through a stipend, training and access to tools, and the opportunity to collaborate with members of LACI’s intellectual network, three artists are supported in the process of research, learning, and developing long-term ideas related to climate change. For research-based interdisciplinary artists, this is ideal. They have the opportunity to forge relationships with entrepreneurs, policy makers and leading thinkers while also having access to the Advanced Prototyping Center (APC). The APC provides artists with tools including a laser cutter, water jet, metal shop and more.

“We are so excited about AIR and the work of our second cohort of incredible artists–we are endeavoring to empower innovation by uniting the creative and cleantech communities to address environmental problems. Curiosity unites our artists and entrepreneurs to partner together to find breakthrough solutions to climate change,” said Matt Petersen, LACI’s CEO. “Complex issues cannot be approached from one perspective, and being a nexus of different mediums for problem-solving is core to LACI’s DNA.” Matt Petersen, President & CEO, LACI.

Today’s panel discussion will share how first year residents discussed innovative approaches to climate change. Through varying ways of working, each artist engaged with a deep study of humans in relation to their surrounding environments, highlighting agricultural regeneration, urban erasure, and city infrastructure.

  • Rebecca Bruno explored the link between agricultural systems and the choreographic process used in dance and performance art through her piece, Life Keeping Recipe for a Relic.
  • Nova Jiang focused on the relational cycles of urban blight and redevelopment, specifically as they affect neighborhood accessibility and diversity through her installation, Bunker, which commemorates the Los Angeles neighborhood of Bunker Hill.
  • Debra Scacco initiated the first phase of her long-term project, titled Future Tense, an installation that uses Los Angeles as a case study to investigate the relationship between city geographies, historic river courses and existing highway configurations.

“Artists are faced with multiple professional challenges: financial insecurity, being continually overstretched and limited access to resources being among the most common. I created AIR specifically to address these challenges. The program provides space for critical thinking, interdisciplinary dialogue and conceptual and material experimentation. We encourage artists to think, learn, and play; and facilitate opportunities to build relationships with leading minds in the environmental sector. My hope is in the not-so-distant future we start seeing public works about climate change appear throughout LA and beyond as a result of the support and introductions made during AIR.“ Debra Scacco, Founding Director of LACI’s AIR Program.

AIR is committed to reflecting the diversity of multi-cultural Los Angeles, and to enhancing opportunities of creative thinkers across the city. In addition to the residency itself, AIR hosts year-round creative programming. 2018 included artists’ studio visits for South LA teens, an artists’ talk featuring Carolina Caycedo, a site visit to a recycling facility and a range of professional development workshops with community partner Small Green Door. AIR’s free on-and-off campus programming benefits a diverse array of creative thinkers concerned with climate-related issues.

 

About AIR

AIR, the Artist-in-Residence Program at Los Angeles Cleantech Incubator (LACI), empowers innovation by uniting the creative and cleantech communities in the shared aim of addressing global environmental problems.

Situated in the heart of Los Angeles’ Arts District, AIR enhances LACI’s innovation community by introducing research-led artists to a thriving environment: where entrepreneurs, engineers, organizations and policy makers collaborate, promote and support the development of clean technologies.

The benefits of the six-month residency include:
— $13,000 stipend
— Access to leading minds
— Training and access to prototyping equipment
— Community engagement at the interplay of technology, sustainability, and the arts

Artists in the program receive training and access to the Advanced Prototyping Center at the La Kretz Innovation Campus, owned by LADWP and managed by LACI. The Advanced Prototyping Center features an electronics lab, bio-chemistry lab, CNC center, water jet center, welding shop, 3D printing shop, use of premium CAD software, laser cutters, sand- blasting, large scale printing, an industrial sew shop and more.

In addition to the Residency Program, AIR offers free public programming focused on equity, collaboration, community building and empowering artists as agents of change.

AIR is now accepting applications for three new resident artists, with the six-month residency to begin May/June.

To Apply: https://laincubator.org/air2019call/

Eligibility: Professional Los Angeles based artists from all backgrounds and of all disciplines are encouraged to apply.

For more information visit: https://laincubator.org/air/

 

About LACI

The Los Angeles Cleantech Incubator (LACI) is a private nonprofit organization creating an inclusive green economy by unlocking innovation (through working with startups to accelerate the commercialization of clean technologies), transforming markets (through partnerships in transportation, energy and sustainable cities) and enhancing communities (through workforce development, pilots and other programs). Founded as an economic development initiative by the City of Los Angeles and its Department of Water & Power (LADWP), LACI is recognized as one of the most innovative business incubators in the world by UBI. In the past six years, LACI has helped 73 portfolio companies raise $184M in funding, $220M in revenue, create 1,700 jobs, and deliver more than $379M in long term economic value. Learn more at laci.org.

For more information, please visit http://laci.org and follow us on Twitter and Facebook @LACIncubator.

 

Media Contact

Claire Totten
Mercury for Los Angeles Cleantech Incubator
Cell: (805) 901-0447
Ctotten@mercuryllc.com

C40 and Los Angeles Cleantech Incubator Launch New Partnership

LOS ANGELES, CA – C40 and Los Angeles Cleantech Incubator (LACI) are partnering to help cities around the world embrace innovation and accelerate climate solutions to reduce greenhouse gas emissions. This new partnership will first embark on research to inform how start-ups, entrepreneurs and corporate innovation can scale up and deliver solutions for cities to limit global warming to 1.5°C, the target identified in the Paris Climate Agreement.

C40 research has shown that a lack of sufficient collaboration between city governments and the private sector is a key barrier to taking climate action. This partnership aims to overcome this barrier by bridging the gap between the private sector, both start-up and corporate, and city governments. C40’s Business & Innovation team have already commenced a range of programs to openly support cities to unlock this barrier, and this new partnership marks an important next step. LACI is uniquely positioned to partner with C40, given its proven track record of incubating numerous cleantech start-ups that have helped cities reduce greenhouse gasses, improve air quality, and create green jobs.

“As CEO of a leading cleantech incubator and former Chief Sustainability Officer for the City of Los Angeles, I truly understand the opportunities and challenges for cities and start-ups to scale innovation,” said Matt Petersen, LACI President and CEO. “We’re eager to transfer some of the best practices we’ve developed in L.A. to help other cities embrace entrepreneur-led innovation to achieve the goals set forth in the Paris Climate Agreement.”

C40 and LACI recognize that cities globally are focusing on identifying collaborative climate solutions, ones that engage citizens, academics and the private sector in the design process of key city projects. The goal of this partnership is to equip cities with best practices to increase engagement with the start-up, entrepreneur, incubator, accelerator and corporate innovation community to scale proven and comprehensive climate change mitigation and adaptation solutions.

“Understanding the current barriers for start-ups to scale, and ways to enable this acceleration for climate action is key to unlocking more climate solutions for our cities. We’re really pleased to partner with experts from LACI, a world-leading cleantech incubator,” said Jonathan Walter, Director of C40 Business & Innovation. “In the face of a looming deadline to scale climate action at a time of federal inaction, C40 sees partnering with LACI as the natural progression to drive innovation to the scale and speed that is necessary to support the ambitions of cities to meet the Paris Agreement.”

About C40

C40 Cities connects 96 of the world’s greatest cities to take bold climate action, leading the way towards a healthier and more sustainable future. Representing 700+ million citizens and one quarter of the global economy, mayors of C40 cities are committed to delivering on the most ambitious goals of the Paris Agreement at the local level, as well as to cleaning the air we breathe. The current chair of C40 is Mayor of Paris Anne Hidalgo; and three-term Mayor of New York City Michael R. Bloomberg serves as President of the Board. C40’s work is made possible by our three strategic funders: Bloomberg Philanthropies, Children’s Investment Fund Foundation (CIFF), and Realdania.

About LACI

The Los Angeles Cleantech Incubator (LACI) is a private non-profit organization creating an inclusive green economy by unlocking innovation (through working with start-ups to accelerate the commercialization of clean technologies), transforming markets (through partnerships in transportation, energy and sustainable cities) and enhancing communities (through workforce development, pilots and other programs). Founded as an economic development initiative by the City of Los Angeles and its Department of Water & Power (LADWP), LACI is recognized as one of the most innovative business incubators in the world by UBI. In the past six years, LACI has helped 73 portfolio companies raise $184M in funding, $220M in revenue, create 1,700 jobs, and deliver more than $379M in long term economic value. Learn more at laci.org.

Notes

For media enquiries, please contact media@c40.org or Clare Le (Sr Director, Marketing & Events, LACI), 213-358-6500, media@laci.org.