Climate Change Investment Initiative (2c2i)

The Climate Change Investment Initiative (2c2i) is a funding program established by the Exelon Foundation in partnership with Exelon Corporation. The Exelon Foundation operates as an independent nonprofit organization funded by Exelon Corporation and is dedicated to strengthening communities, supporting environmental stewardship, and advancing economic opportunity. Through 2c2i, the Foundation aligns its philanthropic mission with corporate resources to invest in innovative climate-focused solutions that also promote social equity and community resilience. The initiative reflects Exelon’s broader commitment to addressing climate change while fostering inclusive economic growth in the communities it serves. The primary purpose of 2c2i is to support early-stage startup companies that are developing solutions to climate change challenges. These solutions may include technologies or services focused on reducing greenhouse gas emissions, improving climate adaptation, or enhancing resilience to environmental threats. In addition to environmental outcomes, the initiative emphasizes social impact by prioritizing projects that benefit underserved and disadvantaged communities. The program seeks ventures that not only demonstrate innovation but also align with local climate goals and contribute to broader societal benefits within Exelon’s service territories. Funding through 2c2i is structured as an equity investment rather than a traditional grant. Selected startups receive a minimum investment of 100000 dollars, with typical investments ranging up to 300000 dollars. In addition to financial support, recipients benefit from in-kind services provided by Exelon Corporation, which may include technical expertise, strategic guidance, and operational support. Each selected company is also expected to collaborate with Exelon on an Impact Project designed to deliver measurable outcomes within a relevant community. The combined financial and non-financial support is intended to accelerate business growth while ensuring real-world impact. Eligibility for the program is limited to for-profit startup companies. Nonprofit organizations are explicitly excluded from applying. While companies may be headquartered outside Exelon’s primary markets, their proposed work must directly impact one or more of the company’s service territories, which include major metropolitan areas such as Chicago, Baltimore, Philadelphia, Washington DC, Wilmington, and Atlantic City. Applicants are evaluated on several criteria including sustainability impact, alignment with climate goals, community engagement, leadership diversity, market potential, product innovation, and organizational readiness. The application process is conducted through an online submission system, with applications currently being accepted through September 28, 2026. Applicants are expected to provide detailed information about their company, product or service, market opportunity, and impact potential. The evaluation process considers both business viability and the ability to deliver measurable environmental and social outcomes. While specific application components are not fully enumerated, the selection criteria indicate a comprehensive review of organizational capacity, traction, and alignment with program priorities. There is no indication of a formal pre-application requirement such as a letter of intent. The initiative appears to operate on a periodic application cycle, though recurrence is not explicitly stated. Selected companies receive not only funding but also ongoing collaboration opportunities with Exelon, positioning the program as both an investment vehicle and a strategic partnership platform. Questions regarding the program or application process can be directed to the Exelon Foundation via email, providing a centralized point of contact for applicants. Overall, the Climate Change Investment Initiative represents a hybrid funding model that combines venture investment with philanthropic goals. By targeting startups with scalable solutions and strong community impact potential, the program aims to catalyze innovation in climate technology while addressing equity and resilience challenges. Its integration of capital, expertise, and community engagement distinguishes it from traditional grant programs and positions it as a strategic driver of sustainable development.

Emphasize measurable climate impact, alignment with local climate goals, strong leadership diversity, and clear market opportunity with scalable solutions