Cleantech Open
Cleantech Open is a nonprofit organization founded in 2006 that operates the world's largest cleantech accelerator, focusing on mentoring, funding, and training environmental tech entrepreneurs. Based in Los Angeles, California, it supports over 100 companies annually, emphasizing sustainability and innovation in renewable energy and climate change solutions.
History
Cleantech Open was founded in 2006 as a nonprofit organization focused on supporting environmental technology entrepreneurs. Since its inception, it has grown to become the world's largest cleantech accelerator, providing essential resources and mentorship to startups in the renewable energy sector. The organization has expanded its reach globally, opening its doors to non-US startups in 2017, allowing them to participate in key events in California.
Services
Cleantech Open offers a range of services aimed at fostering entrepreneurship in the cleantech sector. These include mentoring, funding, training, and support for startups focused on renewable energy, energy efficiency, and sustainability. The organization operates a five-month accelerator program, with intensive training provided during the central three months. Additionally, it hosts the Global Ideas Pitch Competition for international companies and provides cash prizes and investment opportunities for showcasing event winners.
Sector
Cleantech Open operates within the Renewable Energy Semiconductor Manufacturing industry. The organization focuses on addressing urgent energy, environmental, and economic challenges through the development of innovative cleantech solutions. It supports startups that contribute to the circular economy, climate change mitigation, and the advancement of electric vehicles and energy efficiency technologies.
Programs
Cleantech Open runs several programs to support entrepreneurs and startups. It works with over 100 companies annually through its U.S., Global Climate Innovation, and Global Ideas programs. The accelerator program is designed to help startups navigate the technology startup 'valley of death,' with a majority of alumni successfully raising over $1.8 billion in equity. The organization also engages a global network of volunteers and sponsors to enhance its impact.
Headquarters and Regions
Cleantech Open is headquartered in Los Angeles, California. It covers key cleantech innovation hubs across various regions in the United States, including the Midwest, Southeast, South Central, Rocky Mountain, and Pacific Northwest. The organization also serves the West region, which encompasses California, Oregon, Washington, Idaho, Nevada, Alaska, and Hawaii.