California Clean Energy Fund

This EDA investment funds the California Sustainable Energy Entrepreneur Development (CalSEED) initiative, that in collaboration with four existing Regional Innovation Clusters, will work on generating new innovations, new businesses, jobs and economic enhancements in California’s Disadvantaged Area Community (DAC) regions. With EDA’s support, CalSEED will scale-up its capacity to inspire, engage and support start-ups from underrepresented communities economically disadvantaged, rural, women, and veteran entrepreneurs from throughout the region. Once complete, CalSEED expects to have supported the launch of 100 new cleantech products, raised $41 million in private investment for startups and created 275 direct jobs through CalSEED-related investments.