Cultivating Innovation to Combat Climate Change


credit:

The Exelon Foundation and Exelon Corp. launched a $20 million climate change investment initiative to fund startups in Atlantic City, Baltimore, Chicago, Philadelphia, Washington, D.C., and Wilmington, Del.

The $20 million Climate Change Investment Initiative (2c2i) will fund startups working on new technologies to reduce greenhouse gas emissions and climate change.

Exelon will utlize the innovative approach of impact investing to generate a measurable, beneficial impact on climate change.

Also, Exelon will match the grant with up to $10 million in pro-bono services, including mentoring entrepreneurs on ways to access other sources of capital, structure business plans, allocate financial resources and meet regulatory requirements.

The selection process will evalutate candidates focused on a specific criteria, particularly minority- and women-owned businesses. Applications for the Exelon Climate Change Investment Initiative can be submitted online at their website, with October 25 as the submission deadline. Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

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Legacy Announces $25000 in Nonprofit Grants

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Opinion: School Counselors Can'T Undo the Fafsa Mess on Their Own. We Need a National ...

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Thomas Anderson to Receive 2024 Award in Philanthropy

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Here are the star companies that have succeeded in their corporate social responsibility (CSR) programs. The companies were gathered by Civic 50, a national initiative to survey and rank S&P 500 corporations on how they engage with the communities they serve and utilize best practices in their corporate cultures.




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