Wells Fargo’s technology incubator is supplying $900,000 to 18 affiliate organisations through its Channel Partner Awards scheme to help their coronavirus-hit portfolio companies.

Financial services firm Wells Fargo’s $30m Wells Fargo Innovation Incubator (IN²) has set aside $900,000 for 18 entrepreneurial-minded hubs to assist Covid-19 relief efforts.

IN² was formed in 2014 as a joint venture between Wells Fargo and the US Department of Energy’s National Renewable Energy Laboratory to support early-stage agricultural and clean technology developers.

The $5m IN² Channel Partner Awards fund was launched in 2017 to help IN²’s 63 channel partners in the US, including accelerators, incubators and university initiatives,…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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