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3 organizations in Houston receive funding for DOE-backed programming
A clean technology program backed by the Wells Fargo Foundation and co-administered by the United States Department of Energy's National Renewable Energy Laboratory has named three Houston organizations as recipients to an annual awards program.
The Wells Fargo Innovation Incubator, a $50 million program, announced its eighth cycle of IN2 Channel Partner Strategic Awards. The program is distributing $767,000 across 15 organizations within the Channel Partner network to create impactful workshops at the upcoming Camp Cleantech event in August at CSU Spur in Denver, Colorado.
Houston-based Rice Alliance Clean Energy Accelerator, as well as Activate Global and Greentown Labs, which each have Houston locations, have been named among the awards recipients. The organizations will present workshops aimed at providing critical tools and insights for clean tech startups.
"We are celebrating this year's Strategic Award winners and looking forward to Camp Cleantech," says Robyn Luhning, chief sustainability officer at Wells Fargo, in a news release. "As the real economy demands more lower-carbon solutions, Wells Fargo continues to support the scaling of new solutions for a successful shift to a low-carbon economy."
Registration for the event opens May 1. A full itinerary is available online.
The selected participants represent IN²'s broader goals of diversity, equity, and inclusion, per the release.
"The significance of this year's awards goes beyond the recognition of innovation; it embodies a concerted effort to elevate collaboration and engagement across the board," adds Sarah Derdowski, IN² program director at NREL. "Through Camp Cleantech, we're setting a new standard in how we gather, inspire, and propel our community forward."
Around $435,000 of the funding will go toward select recipients who will receive additional follow-on funding to enhance and expand their workshop content and insights towards entrepreneurs in their local networks.