Wells Fargo & Company (NYSE: WFC) today announced the selection of four clean technology startups for the Wells Fargo Innovation Incubator (IN2), a five-year, $10 million program to foster innovative environmental technologies. The program is funded by the Wells Fargo Foundation and co-administered by the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL). It is the first philanthropy program of its kind within the financial services industry.

“To address growing climate concerns, it is absolutely crucial to accelerate investments in innovative companies that provide clean technology solutions,” says Mary Wenzel, Wells Fargo head of Environmental Affairs. “We are proud to work with NREL and the community of clean technology innovators to help support startups that are providing long-term sustainable solutions.”

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