U.S. Bank Cleantech Inclusion Award

The U.S. Bank Cleantech Inclusion Award supports entrepreneurs who are female and/or people of color and who are building innovative companies that benefit the environment, create jobs, and drive economic development.

Congratulations to our inaugural winner of the 2020 U.S. Bank Cleantech Inclusion Award, NUMiX Materials!

Learn more about NUMiX Materials here.

  NUMiX Materials logo

 

Clean Energy Trust and U.S. Bank are on a mission to support underserved and underrepresented cleantech entrepreneurs. The U.S. Bank Cleantech Inclusion Award is a grant awarded to entrepreneurs who are female and/or people of color and who are building innovative companies that benefit the environment, create jobs, and drive economic development. Recipients of the Cleantech Inclusion Award receive a non-recourse grant of $25,000, 12-months of business mentorship from Clean Energy Trust, and heightened exposure to both investors and potential customers.

Investment Criteria

Founder:

Company must have at least one company founder who identifies as female or a person of color

Eligible Geographies:

Companies headquartered in the following states are eligible: Arkansas, Colorado, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Minnesota, Missouri, Montana, North Dakota, Nebraska, Nevada, Ohio, South Dakota, Tennessee, Utah, Wisconsin, and Wyoming.

Company Criteria:

  • Company must be legally incorporated.
  • Company employment must be within the range of 2-12 full-time employees.
  • Company must not have raised greater than $1 million from external investors.
  • Company must own or have a valid license to relevant IP.
  • Preferred: Companies with a market-ready product or service. 

Sector:

Eligible founders must have a product or service that mitigates harmful emissions, reduces carbon, or otherwise positively impacts the environment. Eligible sectors include renewable energy, energy efficiency, smart buildings/cities, water, ag-tech, energy storage, mobility/advanced transportation, and circular economy.

Additional Qualities:

While not explicitly required, other beneficial qualifications include:

  • Founder’s product or service provides a positive social impact and has the potential to benefit disadvantaged communities
  • Company is revenue-generating

We are no longer accepting applications at this time. Our 2020 winner is NUMiX Materials

If you have any questions, please email Program Manager Dylan O’Reilly at dylan.oreilly@cleanenergytrust.org.