Accelerator Program

Carbon to Value Initiative

The Carbon to Value (C2V) Initiative drives the creation of a thriving innovation ecosystem for the commercialization of carbontech—technologies that capture and convert carbon dioxide (CO₂) into valuable end products or services with the support of corporate partners and NGOs that help foster a robust network for our startups.  

The Carbon to Value Initiative is a collaboration by the Urban Future Lab, Greentown Labs, and Fraunhofer USA.

Catalyzing the Carbontech Ecosystem

The C2V Initiative is a multi-year collaboration to accelerate the carbontech industry that leverages our proven process for launching climate solutions into the marketplace.

  • Multi-Year Initiative: A multi-stakeholder effort to rapidly commercialize innovations by startups working to address the emerging C2V market. Each year, we support a new cohort of innovative carbontech companies.

  • Value Chain Engagement: Collaboration among the CLC members—major corporations, government actors, and NGOs—and the startups selected for each cohort to build the ecosystem that they need to thrive.

  • An Accelerator for the Industry: Industry-building, deployment and partnership-focused activities that help carbontech startups scale.

What we offer

01 Six-month accelerator program

Customized programming bridging the gap between tech development challenges and carbontech markets of tomorrow

02 Collaboration with the Carbontech Leadership Council

Opportunity to work hands-on with industry-leading corporations, nonprofits, and governments

03 Access to C2V’s extensive networks


Mentorship and resources through UFL, Greentown Labs, and Fraunhofer USA

How C2V helps companies.

The C2V Initiative is unlocking a new carbontech economy, bringing innovative solutions to scale as rapidly as possible through the creation of a robust, powerful, and collaborative new ecosystem. A partnership accelerator program, C2V brings exclusive access to industry leaders and nonprofit experts who are shaping the carbontech marketplace of tomorrow.

Selected startups have the opportunity to engage with the Carbontech Leadership Council (CLC), an invitation-only group of executive leaders across diverse industry sectors driving the future of carbontech. Startups also gain access to C2V’s extended network of startup alumni, investors, government funders, and ecosystem supporters, allowing them to overcome their specific barriers and significantly raise their visibility profile in the carbon management industry.

Meet our companies

C2V FAQs

Frequently asked questions.

  • The C2V Initiative is a unique partnership that leverages corporate involvement and incubation services to drive the creation of a thriving innovation ecosystem for the commercialization of carbontech.

  • C2V provides an opportunity to work hands-on with corporations, nonprofits, and governments at the forefront of the emerging carbontech economy. Startups gain access to the Carbontech Leadership Council (CLC), an invitation-only group of executive leaders across industry sectors driving the future of carbontech. Startups benefit from customized workshop programming and access to UFL, Greentown Labs, and Fraunhofer USA networks.

  • Startups that are at a technology readiness level (TRL) between 4 and 7, actively investigating product-market-fit, and seeking partnerships to scale are strongly encouraged to apply. Applications may apply from anywhere in the world. Events take place both in-person (NYC, Boston, Houston) and virtually.

Have more questions about the Carbon to Value Initiative?

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