At Elemental, the doors are wide open for startups dedicated to addressing climate change and its related challenges. With funding opportunities of up to $3 million, the accelerator program aims to fuel initiatives that have the potential to enact deep-rooted change.
What sets Elemental apart is not just its financial backing but also its comprehensive suite of support services.
From coaching and connections to strategic guidance, startups enrolled in the program receive holistic assistance geared towards maximizing their impact.
Whether it's refining growth strategies, navigating fundraising, or embedding equity into projects, entrepreneurs are equipped with the tools and knowledge needed to thrive in the competitive landscape of ClimateTech.
About Elemental
Elemental is a nonprofit investor in climate technologies with deep community impact. With over a decade of expertise spanning the climate sector, the organization boasts an extensive and evolving portfolio comprising 150+ companies, $8B in follow-on funding, and $79M awarded to startups.
Elemental plays a pivotal role in addressing climate change by bridging two critical gaps: funding initiatives for climate technologies within communities and integrating principles of equity and access into climate solutions.
By investing in groundbreaking technologies, Elemental strives to catalyze systemic change, paving the way for a more resilient and equitable future.
Application Overview
Before you dive into the application process, here are a few essential points to note:
- Company Details: Provide comprehensive information about your technology, business model, fundraising history, company structure, social and environmental impacts, team composition, and more.
- Track-Specific Proposal: Depending on the track you choose, additional details about your company or project will be required.
- Initial Documents: Submit essential documents such as a pitch deck, technical summary, capitalization table, and customer list.
- Additional Documents: As part of the diligence process, we may request financial statements, letters of support, and, for Project Track applicants, a detailed project budget.
- References: We may ask for references to connect with partners and customers you've previously collaborated with.
Application Process
After the initial review, select applicants will be invited to submit additional materials, including financial statements, letters of support, and project budgets for Project Track applicants. We may also request references during this phase.
Estimated Application Time:
- Strategy Track: Approximately 4-6 hours.
- Project Track: Estimated time commitment ranges from 5 to 10 hours.
Confidentiality:
Rest assured, all information provided is treated with the utmost sensitivity and confidentiality.
Submission:
Once you've completed the application, remember to hit "Submit" on the home page to ensure your application is received.
*Please review the Applicant Packet before you begin. In it, they lay out minimum qualifying criteria, what makes a strong applicant, and more.
Elemental will also be hosting online webinars to answer questions as you go through the application process. See the upcoming webinars and RSVP here - space is limited.
