How much funding does Elemental Impact - Project Track provide?

Funding amounts vary. Check the grant details for specifics.

When is the deadline for Elemental Impact - Project Track?

This grant has a rolling deadline or the deadline has not been announced.

Elemental Impact - Project Track

ELEMENTAL EXCELERATOR INC

Foundation Rolling (Quarterly) Grants for Startups Environmental Grants

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Funding Amount

Varies

Deadline

Rolling / Open

Grant Type

foundation

Overview

Elemental Impact - Project Track

Organization: Elemental Impact (501(c)(3) nonprofit)

Overview: The Project Track supports companies scaling impactful climate solutions through small and large-scale first-of-a-kind (FOAK) and early-of-a-kind commercial facilities, early commercial projects with distributed assets, and expansion into new geographies.

Focus Areas

Energy
Industry
Food and agriculture
Nature
Water
Transportation

Eligibility

Company Stage: Series A and beyond
Requirements: For-profit, stand-alone companies with novel business model or technology
Minimum 3 full-time employees
Operating prototype required
Demonstrated product-market fit preferred
Team passionate about environmental and local impact

What They Fund

First-of-a-kind (FOAK) or early commercial project deployment
Project development and deployment milestones
Commercial scale facilities
Geographic expansion projects

What They Don't Fund

Consulting firms
Nonprofits
Acquired startups

Geographic Scope

U.S. and international projects supported
Global portfolio deployment

Investment Structure

SAFE
Development-SAFE ("D-SAFE")
Convertible notes
Direct investment
Payments typically linked to performance milestones
Case-by-case evaluation for amount and structure

Services Provided

Catalytic capital deployment
Project expertise and hands-on coaching
Local partnership development
Investor mobilization
Stakeholder engagement support
Policy and regulatory guidance
Project development support
Fundraising and co-investment assistance

Time Commitment

Projects typically last 12-18 months
Time commitment varies based on project status and management requirements
Regular monthly check-in calls
Board observer positions and leadership team participation expected

Portfolio Impact (Historical)

2.5x more likely to succeed compared to others in climate tech ecosystem
$1.4B co-investment into portfolio
100x return: for every $1 Elemental invests, companies unlock $100
20M lifetime metric tons of CO2 avoided or reduced
160+ companies in portfolio
150+ projects deployed across U.S. and globally

Contact

Email: apply@elementalimpact.com
Offices: Honolulu HI, New York City NY, Washington DC, San Francisco CA

How to Apply

Application Process

1. Submit intake form on the funding opportunities page
2. Applications accepted on rolling basis year-round
3. Review process: Elemental reviews every application received
4. Selection: Team reaches out to select applicants for further conversations
5. Due diligence: Invited companies present additional material for in-depth diligence to determine funding award amounts and structure

Required Information

Company stage and funding history
Novel business model or technology description
Team composition (minimum 3 full-time employees)
Operating prototype or product demonstration
Environmental and local impact metrics
Specific project or initiative details
Project timeline and milestones

Evaluation Criteria

1. Environmental impacts unlocked by investment (GHG emissions reduction, local environmental benefits) 2. Local impacts (job creation, economic development, energy burden reduction, health outcomes) 3. Business impact of Elemental's support—mission-critical initiatives that are accelerated or de-risked 4. Team strength and values alignment 5. Alignment with Elemental's mission and strategic priorities