calling all funders

Greentown Houston announces new investor program to increase equity in climatetech funding

The Houston Ion District Investor Activation Program is open to accredited investors and free to join. Photo via GreentownLabs.com

Greentown Labs has announced a new program to address inequity and unavailability of funding for early-stage climatetech startups.

The Houston Ion District Investor Activation Program is supported by a Build to Scale Capital Challenge grant from the U.S. Economic Development Administration, open to accredited investors, and free to join.

Participating investors will have access to curated startup introductions based on preferred stage, industry, check size, and more, plus access to information on startups and investor-specific newsletters featuring Greentown startups invite-only events.

"This program brings early-stage investors from Greater Houston into the fold, offering education on climatetech investing, channeling a pool of capital to young startups, and catalyzing a thriving climatetech investment ecosystem that prioritizes diversity, equity, and inclusion," reads the email announcing the program.

Members will also get networking opportunities with fellow investors and leading climatetech startups, which includes investor roundtables. Sector Pitch Days, and more Educational workshops on climatetech investing run by Vinson & Elkins, and more will be made available. The new initiative is meant “ to strengthen Houston’s energy-transition ecosystem” according to a news release.

In 2023, Greentown Labs helped 87 corporate partners, and collaborated with over 70 Houston startups. Some of their members recently achieved success in their respective fields.

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A View From HETI

Researchers from the University of Houston believe that aligning state recycling policies could create a circular plastics economy. Photo courtesy UH.

The latest white paper from the University of Houston’s Energy Transition Institute analyzes how the U.S. currently handles plastics recycling and advocates for a national, policy-driven approach.

Ramanan Krishnamoorti, vice president for energy and innovation at UH; Debalina Sengupta, assistant vice president and chief operating officer at the Energy Transition Institute; and UH researcher Aparajita Datta authored the paper titled “Extended Producer Responsibility (EPR) for Plastics Packaging: Gaps, Challenges and Opportunities for Policies in the United States.” In the paper, the scientists argue that the current mix of state laws and limited recycling infrastructure are holding back progress at the national level.

EPR policies assign responsibility for the end-of-life management of plastic packaging to producers or companies, instead of taxpayers, to incentivize better product design and reduce waste.

“My hope is this research will inform government agencies on what policies could be implemented that would improve how we approach repurposing plastics in the U.S.,” Krishnamoorti said in a news release. “Not only will this information identify policies that help reduce waste, but they could also prove to be a boon to the circular economy as they can identify economically beneficial pathways to recycle materials.”

The paper notes outdated recycling infrastructure and older technology as roadblocks.

Currently, only seven states have passed EPR laws for plastic packaging. Ten others are looking to pass similar measures, but each looks different, according to UH. Additionally, each state also has its own reporting system, which leads to incompatible datasets. Developing national EPR policies or consistent nationwide standards could lead to cleaner and more efficient processes, the report says.

The researchers also believe that investing in sorting, processing facilities, workforce training and artificial intelligence could alleviate issues for businesses—and particularly small businesses, which often lack the resources to manage complex reporting systems. Digital infrastructure techniques and moving away from manual data collection could also help.

Public education on recycling would also be “imperative” to the success of new policies, the report adds.

“Experts repeatedly underscored that public education and awareness about EPR, including among policymakers, are dismal,” the report reads. “Infrastructural limitations, barriers to access and the prevailing belief that curbside recycling is ineffective in the U.S. contribute to public dissatisfaction, misinformation and, in some cases, opposition toward the use of taxpayers’ and ratepayers’ contributions for EPR.”

For more information, read the full paper here.

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