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MetLife and UC Berkeley Seek Startups for 2024 Cohort of Cleantech Accelerator Program

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NYC-based MetLife (NYSE: MET) and the Haas School of Business, University of California, Berkeley, announced that the application window for the 2024 startup cohort of the Cleantech to Market (C2M) accelerator program is open until March 10.

Startups from across the country will be chosen to represent the most promising climate tech innovations and paired with interdisciplinary graduate student teams to receive free commercialization support. At the end of the semester, the student teams present recommendations and compete for MetLife Climate Solutions Awards, which are intended to further support the growth of the winning solutions.

Founded by students in 2008, C2M has paired more than 200 researchers and entrepreneurs with graduate student teams. The majority of technologies C2M teams have supported have become startups, which have collectively raised more than $500m in disclosed funding and employ approximately 400 people.

This will be the third year MetLife is involved with the C2M accelerator program. As part of MetLife’s support, employee volunteers lend their business development and management expertise to help students advance the business plans and strategies of their assigned startups.

The program is directly aligned with its initiative to contribute $5m to drive climate-related partnerships and solutions.

MetLife, through its subsidiaries and affiliates, is a financial services companies, providing insurance, annuities, employee benefits and asset management to help individual and institutional customers build a more confident future. Founded in 1868, it has operations in more than 40 markets globally and holds positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.

VCWire

06/03/2024