Part of $4.5 million grant program to foster economic development and accelerate the global green economy
LACI was recently selected as part of Wells Fargo’s Clean Technology and Innovation (CTI) program, designed to “inspire innovation from entrepreneurs and fund those working on critical environmental issues”. Application to the CTI program is through invitation only, and LACI is honored to receive this recognition by the Wells Fargo team and the community and industry stakeholders who referred us.
“We’re pleased to announce LACI as a recipient of Wells Fargo’s environmental grant program to help provide long-term solutions to the world’s environmental challenges”, said Ashley Grosh, head of Wells Fargo Environmental Affairs Clean Technology program. “Wells Fargo recognizes that the health of our environment is critical to fostering more sustainable communities today and for years to come”.
Grants were awarded based on the economic, social, and environmental impact of applicants’ proposals and work. The Clean Technology and Innovation grant funds projects specifically related to renewable energy and energy efficiency, greener buildings, alternative transportation, water quality and resources, and sustainable agriculture. LACI competed in the “Accelerator/ Incubator/ Business Plan” subset of the CTI program. Specific guidelines and criteria can be found here.
Other grant recipients included LACI Leadership Council member California Institute of Technology (CalTech), Duke University, the Urban Land Institute, and LACI 4C partners Prospect Silicon Valley and Cleantech Open. Check out the Wells Fargo Environmental Forum blog for the full list of recipients.
Thanks again to Wells Fargo and congratulations to the other organizations chosen to be a part of the Clean Technology and Innovation program. We’re excited about this recognition and look forward to working towards the common goals of economically thriving communities and a more sustainable future.