The Power to Spark Change

The Exelon Foundation is committed to powering a better future including focusing on funding education and workforce development programs, partnerships to provide community-based solutions
and supporting employee philanthropy.

  • Energy Empowerment in Comunities
    • Support for programs that address climate change with a focus on underserved communities, such as the Climate Change Investment Initiative (2c2i).
       
  • Energy Education & Workforce Development
    • Support for programs that inspire students to pursue careers in the energy field.
       
  • Employeement Engagment
    • Support for employee philanthropy through the Exelon Foundation Employee Giving Campaign, Matching Gifts and Dollars for Doers programs.

About the Exelon Foundation

The Exelon Foundation was founded with a mission to use the power and resources of Exelon Corporation to make the world a better place. As an independent, non-profit philanthropic organization, the Foundation is funded solely by Exelon Corporation through shareholder dollars.

The Foundation's mission is to encourage respect for the environment and to strengthen the social and economic fabric of the community by supporting programs in three areas:

Foundation Team

Paula Conrad
President, Exelon Foundation
Vice President, Corporate Relations

Michelle McConnell
Secretary, Exelon Foundation
Senior Corporate Relations Specialist

Contact Us

Exelon Foundation
10 S. Dearborn Street
Chicago, IL 60603
exelonfoundation@exeloncorp.com

The Climate Change Investment Initiative (2c2i) is a joint commitment between Exelon Corporation and its philanthropic arm, Exelon Foundation, to invest in and cultivate meaningful partnerships with start-ups focused on advancing climate change mitigation, adaptation and resiliency efforts, while also promoting social equality and economic prosperity, in Exelon’s service territories. Apply for 2c2i until September 15, 2025.

 

2c2i

Through the combined resources of Exelon Foundation ($10 million equity investment commitment) and Exelon Corporation (up to $10 million in-kind service commitment), 2c2i supports innovative start-ups that catalyze solutions to climate change challenges within Exelon’s major market areas, while advancing social equality and economic prosperity.

Upon selection, 2c2i start-ups realize a number of benefits to accelerate their ventures while delivering real-world impact. These benefits include:

  • A minimum of $100,000 equity investment from Exelon Foundation
  • In-kind services from Exelon Corporation
  • Exelon commits to work with each selected start-up on an Impact Project

 

2c2i Applications

Applications are open until September 15, 2025. 
 

Apply Here Apply Here

2c2i Team

Paula Conrad
President, Exelon Foundation
Vice President, Corporate Relations

Sunny Elebua
Senior Vice President Chief Strategy & Sustainability Officer

Faith Davis
Lead, Climate Change Investment Initiative


 

Our Areas of Impact

2c2i invests in start-ups that operate within the following broad themes:


 

Frequently Asked Questions

  • Sustainability: The extent to which the company demonstrates a clear and measurable tie to either climate change mitigation of GHG emissions and/or adaptation to specific climate change threats in-line with the city climate goals/initiatives.

  • Exelon Territories: The extent to which the company is headquartered, operating in, or plans to operate in an Exelon utility market.

  • Local Community Connection: The extent to which the company will engage with the local community while reducing climate change impacts and/or increase community resilience.

  • Environmental & Social Justice: The extent to which the company addresses climate change needs with a focus on environmental and social
    justice populations, including designated disadvantaged and underserved communities

  • Leadership Team: The extent to which the company leadership team is comprised of individuals from differing socioeconomic backgrounds and life experiences, and its plans to consider same in building the company’s workforce, including an explicit focus on disadvantaged communities.

  • Product: The extent to which the company has an innovative product/service or solution with a clear and differentiated value proposition.

  • Market: The extent to which there is a big clearly defined market that creates the opportunity for large impact and returns. (i.e. Megatons of carbon mitigated)

  • Team: The extent to which the company has a strong leadership team capable of and committed to executing the company’s vision.

  • Traction: The extent to which the company has customers, funding, and/or other indicators inspiring confidence in their ability to achieve stated business plans/goals and can execute on impact initiative with community stakeholders.

  • Stage Alignment with 2c2i: The extent to which the company is at an early enough stage where 2c2i financial and in-kind services investment is meaningful.

A minimum equity investment amount of $100,000 and can range up to $300,000.

The Exelon Foundation will make investments utilizing different transaction structures as deemed suitable. Options will include direct common equity,
preference shares, debt and convertible securities including SAFE Notes.

Businesses can be located outside of the six markets, but the work needs to impact one of them.

Non-profit organizations are not eligible to apply to the 2c2i program.

Please send any inquiries to exelonfoundation@exeloncorp.com and someone will respond. Questions can also be addressed to

Sara Block at Freshwater Advisors at sara@FreshwaterAdvisors.com.