Exelon has chosen 10 climate change mitigation startups that will receive an initial $1m in funding as part of a $20m scheme.
Nasdaq-listed energy provider Exelon and its non-profit foundation have selected 10 startups to receive a combined $1m in direct funding to develop new technologies to mitigate and build resiliency to the impacts of climate change.
The application process for year two of the company’s $20m Climate Change Investment Initiative (2c2i) is now open.
Chris Gould, senior vice-president of corporate strategy and chief innovation and sustainability officer at Exelon, said: “We purposely designed the 2c2i initiative to support early-stage, often-overlooked startups…
