Our Mission:
To accelerate environmental technologies to market, by developing projects that contribute to the circular economy, fighting climate change, or ending energy poverty.
A NOTE FROM THE FOUNDER
Closed Loop Environmental Solutions, PBC(Closed Loop) is a Delaware based Public Benefit Corporation committed to driving real world change, becoming a force multiplier for the circular economy, and enabling a just energy transition.
Founded after a year and a half of highly specific market exploration, research, and nearly 2 decades of cross-industry experience, our goal is to drive collaboration, promote emerging sustainable solutions, and contribute to the end of energy poverty.
Fully closing the loop on this Energy Transition!
The company's commitment to its public benefit is demonstrated through its novel climate tech accelerator approach. This approach integrates technologies from program Participants that typically aren't widely commercially accepted.
By incorporating these technologies into projects, Closed Loop can prove their effectiveness, gather real-world data on commercial viability, and provide a location for Participants to physically promote and demonstrate their technology for potential investors and customers.
Let's break that down! - FAQs
-What's a Public Benefit Corporation(PBC)?
A unique type of business entity that is distinct from traditional for-profit corporations. They have a dual purpose: to generate profit for their shareholders and to have a positive impact on society and the environment. This dual purpose is often referred to as the "public benefit."
-What is the Circular Economy?
An economic model that aims to reduce the ecological footprint of human activities while promoting economic growth and innovation. It aligns with broader sustainability goals, including reducing carbon emissions, conserving natural resources, and mitigating environmental degradation.
-What technologies are we talking about?
Anything that lends to our mission really. We're always keeping an eye on the latest innovations in renewable energy, advanced recycling, energy storage, and energy management.
-So you're basically a start-up accelerator program?
Yes and no. Instead of a short term program ending with a "Demo Day", we work with Participants to integrate their technology into economically viable projects that we build out.
-Do you provide capital then?
Not directly. We provide engineering, optimization, and business development support while working together on integrating. We do purchase the products ultimately used in the project, so the Participants earn revenue in that way.
