The U.S. Bank Foundation Cleantech Award is a grant program designed to support talented entrepreneurs building innovative companies that aim to drive economic development, create jobs, and benefit the environment.
Donor Name: U.S. Bank Foundation
State: Selected States
County: All Counties
Type of Grant: Awards and Prizes
Deadline: All Time
Size of the Grant: $10,000 to $100,000
Grant Duration: 1 Year
Details:
The U.S. Bank Foundation Cleantech Award is committed to:
- Fostering innovation that drives economic development in the Midwest and beyond
- Creating new jobs in the rapidly growing cleantech sector
- Supporting startups aligned with the ongoing energy transition
Through this program, they strive to identify and nurture the most promising talent and ideas in the cleantech sector wherever they may be found, removing barriers to resources that drive innovation and economic progress.
Funding Information
The two recipients of the Cleantech Award receive a non-recourse grant of $30,000, 12-months of business mentorship from U.S. Bank and Evergreen Climate Innovations, and heightened exposure to both investors and potential customers.
Eligible Geographies
Companies headquartered in the following states are eligible:
- Arizona, Arkansas, California, Colorado, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Minnesota, Missouri, Montana, North Carolina, North Dakota, Nebraska, Nevada, New Mexico, Ohio, Oregon, South Dakota, Tennessee, Utah, Washington, Wisconsin, 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 $3 million from external investors
- Company must own or have a valid license to relevant IP
- Preferred: Companies with a market-ready product or service
- Preferred: Service provides positive social impact.
For more information, visit Evergreen Climate Innovations.
