The Innovation Incubator (IN2) program, funded by the Wells Fargo Foundation and co-administered by the Energy Department’s National Renewable Energy Laboratory, aims to foster the development of early stage clean technologies for commercial buildings.

Wells Fargo says the program is the first of its kind within the banking industry.

Clean technology startups will be identified and recommended by Wells Fargo’s network of technical, financial and industry advisors at laboratories and research facilities across the country. The first of three rounds of selected companies will be announced in early 2015, and will receive up to $250,000 for business development needs, research and testing support at NREL’s facility in Golden, Colorado, along with coaching and mentorship from Wells Fargo.

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