LACI Cleantech Debt Fund
We have provided over $6 million in non-dilutive funding to cleantech startups across the US.
Is non-dilutive debt funding right for your startup?
The LACI Cleantech Debt Fund (LCDF) deploys loans up to $500k to startups from our network of more than 20 incubator and accelerator partners across the country.
Why Debt?
Venture capital is becoming harder to secure, grants are more scarce, and many traditional lenders are unfamiliar with the complexities of the cleantech industry. Debt financing gives founders the capital to grow without forcing them to give up ownership. The LCDF is a way to bridge the funding gap and get climate solutions deployed into the market now.
Eligibility
You are eligible for the LCDF if your company meets all of the following criteria:
- Cleantech focused – must have a clear environmental impact and technical traction through verifiable demonstrations or lab verification
- In network – must be an active portfolio member in a partner organizations
- In revenue – Revenues from commercial sales, paid pilots, non-dilutive grant awards are all considered
- Up to date financials – three years of historical statements and three years of monthly P&L projections
Some of our Partners
