Page 12 - MUFG Corporate Social Responsibility Report 2019
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Spotlight
Los Angeles Cleantech Incubator
The Los Angeles Cleantech Incubator (LACI) is currently supported through our foundation’s Advancing Communities Forward program, which gives multi-year grants to strategic partners on the West Coast. LACI received $90k in 2019 and $45k this fiscal year from the MUFG Union Bank Foundation.
LACI works with startups to accelerate the commercialization of clean technologies, and it aims to transform markets through partnerships with policymakers, innovators, and market leaders in transportation, energy, and sustainable cities. Their work enhances
our local communities through workforce development, pilots, and a focus on diversity, equity, and inclusion initiatives. Their goal is to build a regional innovation ecosystem that supports the discovery and commercialization of clean technologies by creating new companies, de-risking the go-to-market process, and helping companies successfully deliver market-ready cleantech solutions along with accompanying jobs in Southern California and beyond.
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