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Wells Fargo Innovation Incubator (IN²)

Launched in 2014 with an initial $10 million commitment by the Wells Fargo Foundation, and expanded in 2017, Innovation Incubator (IN2) is now a $30 million program supporting innovative technologies and innovators. IN2 is positioned to help companies think about their end customer, providing technical assistance that leverages the capabilities, facilities, equipment and the deep expertise that exists at NREL as well as the buildings portfolio of Wells Fargo to help companies derisk technologies and ease their path to market adoption and deployment.

IN2 is invitation-only, relying on referrals from more than 40 channel partners to source applicants. Through a competitive and diligent review process, select early-stage companies are formally invited into the program where they receive up to $250,000 in technical assistance from the laboratory and project related support. Over the course of six to 18 months, participating companies have access to NREL's world-class facilities and researchers, who will test, validate, and incubate the companies' technologies to help them meet critical validation milestones on the path to market.

Companies whose completed projects are commercially ready may have the option to do beta testing within a real-world environment, and conduct a pilot within the Wells Fargo buildings portfolio or other locations.

Current participating IN2 portfolio companies listed below:

Round 1 Companies:

  • VG SmartGlass
  • LiquidCool Solutions
  • Whisker Labs
  • Energy Storage Systems

Round 2 Companies:

  • 7AC Technologies
  • Heliotrope
  • ThermoLift
  • NETenergy
  • Polyceed
  • Go Electric

Round 3 Companies:

  • Software Motor Corporation
  • PowerFlex Systems
  • simuwatt
  • Ibis Networks
  • Maalka
  • Apana
  • Geli
  • EdgePower
  • Transforative Wave
  • J2 Innovations

Learn more about the program in the 2017 Annual Report or visit the IN2 website.