On April 9, 2015, Wells Fargo & Co. announced the selection of four clean technology startups for the Wells Fargo Innovation Incubator, a five-year, $10 million program to foster innovative environmental technologies. The program is funded by the Wells Fargo Foundation and co-administered by the U.S. Department of Energy’s National Renewable Energy Laboratory. It is the first philanthropy program of its kind within the financial services industry.

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