OUR MISSION
The Climate Change Investment Initiative (2c2i) is a 10-year, $20 million, joint commitment between Exelon Corporation and its philanthropic arm, Exelon Foundation, to invest in and cultivate innovative start-ups focused on advancing climate change mitigation, adaptation and resiliency efforts, while also promoting social equality and economic prosperity, in Exelon’s service territories. These service territories include Chicago, IL ; Philadelphia, PA; Baltimore, MD; Washington D.C.; Atlantic City, NJ and Wilmington, DE.
OUR PROGRAM
Through the combined resources of Exelon Foundation ($10 million equity investment commitment) and Exelon Corporation (up to $10 million in-kind service commitment), 2c2i supports innovative start-ups that catalyze solutions to climate change challenges within Exelon’s major market areas, while
advancing social equality and economic prosperity.
advancing social equality and economic prosperity.
Upon selection, 2c2i start-ups realize a number of benefits to accelerate their ventures while delivering real-world impact. These benefits include:
- A minimum of $100,000 equity investment from Exelon Foundation
- In-kind services from Exelon Corporation. These services may include but may not be limited to:
- Brokering of relationships between the start-ups and key organizations/ stakeholders in Exelon territories that can support the start-up’s activity and mission
- Subject matter expertise-based guidance and advice
- Business plan review and guidance
- Networking opportunities with other 2c2i ventures and alumni
- Exposure to external sources of follow-on capital
- Regulatory and financial feedback
- Exelon commits to work with each selected start-up on an Impact Project.