As part of our push to bring in more talented startups from all over the world, Cleantech Open is partnering with 42N Advisors, which will be dedicated to assisting Italian clean technology startups considering and investigating expansion to the United States market who want to participate in our Accelerator Program in 2021.
Cleantech Open is excited to have this partner on board as we commence with another fully virtual program in 2021, opening the doors to incredible opportunities such as this. "We welcome this opportunity with 42N Advisors to work with high-potential, international startups looking to expand into the US and to build their network throughout the American cleantech ecosystem,” says CTO Executive Director Ken Hayes. “The silver lining opportunity of this pandemic is that all of our programming, mentoring, and events were online in 2020 - to great success - and will be again in 2021. We’re looking forward to welcoming Italian startups as part of our initiative to include up to 20 international companies into our 2021 accelerator."
Applications for startups are open until April 18th for the 2021 program kicking off on June 2nd. Application and more info can be found here.
42N Advisors is a group of Italian American professionals who have successfully integrated into the American local business landscape starting new companies or partnering with local ones, or holding senior roles in large enterprises or professional organizations. This success motivates them to give back to Italy and America. Through personal, first-hand experience, they offer business knowledge and a resource hub Italian entrepreneurs can rely on to develop their business in the US. 42N is a Benefit corporation committed to higher standards of purpose, accountability, and transparency for the general public benefit.
42N Advisors envisions a world where innovation, ingenuity, and design help entrepreneurs and investors excel. They will enable easy entry for Italian entrepreneurs willing to invest in the States and will support US investors aiming to benefit from local enterprises in Italy. 42N Advisors' Mission is to empower Italian entrepreneurs of startups, scaleups, and SMEs to access the US innovation system and scale their business in the largest and most innovative market. In addition, they help Italian entrepreneurs succeed in the highly competitive US market through a strong cultural and practical operational knowledge.
Since 2005, Cleantech Open has trained and supported over 1,800 early-stage cleantech startups. A majority of its alumni have survived the merciless technology startup "valley of death" and gone on to raise over $1.2 billion in external funding and create over 3,000 clean economy jobs.
The Cleantech Open accelerator, now in its 16th year, seeks startups at the Seed-Stage of their development, with a working technology prototype and less than $1.5M of equity raised so far. Entrepreneurs commit to a five-month virtual program including 10 modules of business and strategy development, culminating in investor meetings, pitches, and the Global Forum event.
To learn more about 42N Advisors, please visit https://www.42n.us/