Carbon to Value Initiative fourth Accelerator Cohort

The C2V Initiative is supported by members of the Carbontech Leadership Council (CLC). The C2V Initiative is unlocking a new carbontech economy, bringing innovative solutions to scale as rapidly as possible through the creation of a robust, powerful, and collaborative new ecosystem. Year 4 of the C2V Initiative builds on its first three successful years, which saw nearly 400 applications and supported 26 selected startups, including companies like AIR COMPANY, Carbfix, Carbon Upcycling, CarbonFree, Cemvita, Dioxycle, Lydian, Mars Materials, Planetary, and more. The C2V Initiative returns with an in-depth corporate advisor program and new CLC members covering new strategic industry sectors.

• Accelerate
  • A six-month accelerator designed to help you advance your technology within the burgeoning carbontech market and policy landscape.
• Scale
  • With leading corporates from strategic industry sectors, non-profits, and governments from the Carbontech Leadership Council to de-risk and accelerate your path to commercialization.
• Access
  • Carbon to Value Initiative’s rich networks and resources from the Urban Future Lab, Greentown Labs, and Fraunhofer USA, as well as high quality, experienced mentors.

Program Benefits for Startups

• Participation in a six-month accelerator program, including customized programming to help startups bridge the gap between the technology development challenges of today and the carbontech markets of tomorrow
• Collaboration opportunities and structured, de-risked relationship building with the C2V Initiative’s CLC, a group comprised of industry-leading multinational corporations from diverse industries (including finance, EPC—engineering, procurement and construction—advanced materials, commodity and specialty chemicals, catalysts, energy and fuels, waste, water, heavy industries and machinery, and consumer products), as well as prominent government and nonprofit thought leaders
• Access to the C2V Initiative’s rich network, including high-quality, experienced mentors; and resources from the UFL, Greentown, and Fraunhofer USA networks, including membership at Greentown and/or UFL’s incubators for the duration of the program
• A $10,000 stipend per selected startup to support their participation in the accelerator

Criteria

Innovation Scope: For its fourth accelerator cohort, the C2V Initiative and its Carbontech Leadership Council (CLC) are welcoming applications from startups at Technology Readiness Level (TRL) 4-7 that are developing carbontech solutions. More specifically, the program collaborators are interested in carbontech innovations related to the following categories:

• Carbon Conversion to Added-Value Products, e.g.:
  • CO₂ to fuels (e.g. SAF/e-fuels)
  • CO₂ to chemicals (e.g. methanol and higher carbon products such as C₄+)
  • Biomass-based and/or other waste-carbon to value (e.g. chemical recycling, gasification, biochar)
  • Carbon mineralization (e.g. to building products, carbonates, fertilizers)
• Carbon Capture, e.g.:
  • Point source capture (e.g. from energy and process emissions, hydrogen production, etc.)
  • Direct air capture (DAC)
  • Gas-separation technologies (e.g. purification, biogas upgrading)
• Carbon Sequestration and Removal, e.g.:
  • Biomass carbon removal and storage (BiCRS) (e.g. waste biomass, biochar, biomass sinking and burial)
  • Enhanced mineralization and ocean alkalinization
  • Nature-based solutions (e.g. soil, forest, ocean)
• Not in scope:
  • Previously established direct CO₂ uses, such as enhanced oil recovery (EOR), are not in scope
  • Enabling technologies that solely focus on carbon markets, carbon credits, Measurement, Reporting and Verification (MRV), financing and insurance, etc., although critical to the industry, are not in scope for this year
• Stage:
  • Technological maturity: TRL 4-7, i.e. validated in a laboratory environment
  • Commercial maturity: actively investigating product-market fit and seeking partnerships
  • There is no minimum or maximum public/private funding limit
• Geography:
  • Applicants may apply from anywhere in the world.
  • Events will take place in-person in Houston, New York, Boston, and virtually.
    • Attendance is mandatory for in-person events, regardless of startup location. Failure to participate could result in removal from the program.

For more information, visit Greentown Labs.