BUSINESS WIRE — The Wells Fargo Innovation Incubator (IN2), a technology incubator and platform funded by the Wells Fargo Foundation and co-administered by the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL), announced today a partnership with Overlay Capital to accelerate cleantech adoption. The initiative will allow real estate developers, builders, and owner-operators to work with startups and corporate adopters to digitize and decarbonize the built environment.
As part of its 10th-anniversary program expansion, IN2 is seeking partners from large corporations, mid-size real estate companies, nonprofits, government entities, and communities to participate in the inaugural cohort of this new program, beginning summer of 2024. IN2’s role will match the best technology to each corporate’s needs while providing up to $250,000 in grant funding for adopters to pilot and de-risk startup technologies via extensive implementation strategies.
IN2 is now accepting applications from real estate developers, builders, and owner-operators interested in piloting new technologies. Adopters can leverage IN2’s funds to develop tailored technology deployment programs, access implementation best practices and financial pathways for decarbonization, and receive actionable steps to accelerate deployment. This program offers scalable, deployment-ready technologies to meet sustainability, net-zero, and ESG goals.
IN2 also invites cleantech startups ready to apply for large-scale pilots with at least one year of post-revenue traction. Startups will receive customized guidance to develop storytelling and strategy for pitching pilot programs, an opportunity to pitch to large corporates in a final showcase, matchmaking with customers, and collaboration with adopters who receive training to maximize technology adoption.
Comments are closed.