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- EIN 45-4998717
- (213) 358-6500
- 525 S Hewitt St Los Angeles CA 90013-2217 USA
- www.laincubator.org
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Nonprofit Overview
Causes: Microfinance, Small Business Development
Mission: The organization was formed to perform and carry out expressly charitable functions. The specific exempt purposes of the organization are (i) to accelerate the commercialization of clean technologies by providing support, education, workforce training, mentorship and networking for non-profit and for-profit start-up clean technology companies located in the region of los angeles, california; (ii) to conserve the natural environment and promote the ecologically sound and sustainable use of environmental resources; (iii) to lessen the burdens of government through advancement of economic opportunities in the area of clean technology; and (iv) to engage in any and all other charitable, eleemosynary, and educational activities permitted to an organization exempt from federal income tax under section 501(c)(3) of the internal revenue code of 1986, as amended (the "code").
Programs: 1000 commercializationcommercialization services are the organization's globally recognized incubation, acceleration, and commercialization services that help remove barriers to increase the market success of early stage clean technology businesses, which facilitates new cleantech products and services and the jobs that come with them. This includes services that engage the active participation and cooperation of key stakeholders in clean technology clusters to facilitate technology commercialization and market adoption of sustainable and energy efficient products and services. 2017 accomplishments include: the release of the industry's first impact report for a portfolio of cleantech startups; launch of a capital access program for startups; expansion of diversity and inclusion programs to increase program participation by women, people of color, and other underrepresented groups; significant growth of sector-specific clusters in energy, transportation, food tech, water, and waste cumulative $165m+ raised and 1,700+ jobscreated by the companies the organization helps; 100+ mentors and advisors engaged; 250+ partners, supporters, and affiliates and an estimated $379m+ 5-year economic impact on the region.
4700 la kretz innovation campusthe la kretz innovation campus is a state-of-the-art, multi-use facility purpose built to increase cleantech innovation and collaboration. The campus includes the incubator, wet + dry labs, training + prototyping centers, and the los angeles department of water and power (ladwp) customer engagement center and energy efficiency and emerging technologies laboratories. The organization is both the anchor tenant and property manager for the campus. 2017 accomplishments include: establishing industry working groups in transportation, energy, and sustainable cities; growth in membership and functionality of the advanced prototyping center membership of over 500 users and an average of over 500 weekly visitors and integration of technology demonstration projects on the campus, which functions as a "living lab," including a residential microgrid, biofuel generator, water submeters, omnidirectional led lighting, building automation, and soil moisture sensors.
2000 strategic initiativesstrategic initiatives comprise efforts that support the organization's mission to help los angeles increase its standing as a global leader in the green economy, its commercialization programs, and build toward long-term sustainability. Initiatives included ecosystem development, landing pad, and the network for global innovation (ngin). 2017 accomplishments include: a trade mission to mexico city with the city of la and partners to help establish and grow the mexican cleantech ecosystem; working with the city of fremont to establish an advanced manufacturing cluster focused on clean energy, hosting groups of companies from germany, korea, israel, and finland looking to expand into the usa; and ngin growth to over 20 members in 11 countries that share best practices, investors, and development opportunities through formal agreements.
3600 fiscal sponsorshipfiscal sponsorship programs facilitate the receipt and management of philanthropic and impact funds for specific programs that support the organization's mission, achieved through for-and nonprofit partners in los angeles and the companies receiving core services.