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LA Cleantech Incubator is the City of Los Angeles's official cleantech business incubator created to accelerate the development of cleantech start-ups by offering plug & play office space, CEO coaching and mentoring, and access to a growing network of experts and capital.

History
LA Cleantech Incubator was founded in 2011 to empower the City of Los Angeles' primary economic strategy, which is to drive the innovation and growth of Los Angeles' green economy. LA Cleantech Incubator was funded by the CRA/LA and the LADWP for the City of Los Angeles and is a result of the Clean Tech Los Angeles (CTLA) alliance among the Mayor's office, the University of Southern California, the University of California at Los Angeles, the California Institute of Technology, the Art Center College of Design, the Los Angeles County Economic Development Corporation, the Los Angeles Business Council, the Los Angeles Area Chamber of Commerce, LADWP, and the CRA/LA.

At LA Cleantech Incubator's official launch night, Los Angeles Mayor Antonio Villaraigosa said, "The Los Angeles Cleantech Incubator is an important investment in the future of our great city. LACI will have an important role in developing new profitable businesses and creating jobs right here in LA.  With this project, we take a big leap forward, toward a stronger and more sustainable economy that will help distinguish LA as a center of innovation and prosperity."

Company
LA Cleantech Incubator is located in Los Angeles' Cleantech Corridor in downtown Los Angeles. Located in the four mile long strip between the Los Angeles River and Alameda in the eastern part of downtown, the Cleantech Corridor is the cornerstone of the city's green economy strategy. Cleantech startups can apply to become incubated in the LA Cleantech Incubator. The application process the analysis of the candidate's plans, interviewing the management team, seeking advice from advisors, reviewing financials and checking references.

Management

 * Fred H. Walti II, Executive Director
 * Neal Anderson, Assistant Director
 * Ian Harris, Director of Operations and Communications

Strategic Imperative
LA Cleantech Incubator's Strategic Imperative is to move "the country off of its dependence on foreign fuels...California has already put its stake in the ground with AB 32, requiring all utilities to get 33% of their energy from renewable sources by 2020. And Los Angeles is ahead of every major city by achieving almost 20% of its energy from renewable resources by 2010.  The new strategic imperative is to focus the private and public sectors on the processes and technologies regarding the sustainable consumption of our natural resources."

Portfolio Companies

 * 350Green, a developer of wide scale electric vehicle charging networks
 * ClearWater Holdings, electric generator and motor design
 * Eliosolar, a company dedicated to the development of building integrated solar systems
 * Gridtest Systems, the first independent producer of test equipment for electric vehicle charging stations and infrastructure
 * Hive Lighting, designs, manufactures and sells revolutionary new light fixtures to the Film, TV and Digital production industries
 * DB New Energy
 * California Lithium Battery

La Kretz Innovation Campus
The La Kretz Innovation Campus is a cleantech center for cleantech innovation and commercialization activities that is expected to open in the summer of 2013. The projected 60,000 square foot campus will host a variety of cleantech companies and municipal bodies, as well as a research and development facility and a work force training center.