The Work Index by Flexa

Los Angeles Cleantech Incubator (LACI)

The Los Angeles Cleantech Incubator (LACI) is a non-profit organization dedicated to fostering clean technology innovation and entrepreneurship in Los Angeles and beyond.

https://laincubator.org/
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Description

The Los Angeles Cleantech Incubator (LACI) is a non-profit organization dedicated to fostering a thriving green economy in Los Angeles and beyond. They achieve this through a unique three-pillar model focused on unlocking innovation, transforming markets, and enhancing communities. LACI works with startups to develop and scale their clean technologies, partnering with policymakers and industry leaders to accelerate system change in areas like transportation, clean energy, and sustainable cities. They also actively build a diverse workforce by providing training and resources for underrepresented groups, ensuring everyone benefits from the green economy.

LACI’s impact is significant. They have incubated over 422 portfolio companies, raised over $1 billion in funding, and generated over $344 million in revenue. Their focus on equity and inclusivity is evident in their support for diverse founders and their commitment to addressing disparities in access to capital. Beyond supporting startups, LACI actively engages in policy advocacy, working to create a supportive environment for cleantech innovation. They also collaborate with cities to develop and implement pilot programs that demonstrate the viability and impact of clean technologies, paving the way for wider adoption and a sustainable future.

Benefits

LACI offers a range of benefits to its employees, including a 45-hour advanced curriculum based on LACI's experience with cleantech startups, weekly advisory with a dedicated Executive in Residence, and up to $500,000 in equity funding and debt financing through LACI's Impact Fund and Debt Fund. Additionally, employees receive access to perks and platforms to support fundraising efforts, grant solicitations, and product development tools, as well as opportunities to meet relevant investors and partners through events like monthly LACInvestor Talks.

Mission

The Los Angeles Cleantech Incubator (LACI) is a non-profit organization dedicated to creating an inclusive green economy for Los Angeles and beyond. Their mission is to nurture tomorrow's climate entrepreneurs and support the deployment of new green technology in communities. LACI achieves this by offering a variety of programs, including incubation services for cleantech startups, workforce development initiatives, and policy advocacy efforts.

Data-driven
Disruptor
Environmental impact driven
Improving quality of life/health
Not-for-profit
Social impact led
Sustainability
Tech for good

Culture

LACI fosters a collaborative and results-oriented culture focused on accelerating equitable climate action. They value innovation, partnership, and community engagement, with a strong emphasis on supporting underrepresented founders and developing a green workforce.

Agile and dynamic
Collaborative
Engaging
Entrepreneurial
Fast-paced
People-first
Progressive
Supportive

DE&I

LACI is committed to building an inclusive green economy by supporting a diverse ecosystem of cleantech startups and providing workforce development programs that empower underrepresented groups. This commitment is reflected in their focus on supporting women-founded startups, BIPOC founders, and developing green job training programs that target underserved communities. LACI recognizes the importance of equitable access to capital, resources, and opportunities in achieving a just and sustainable future.

Gender diverse

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