The Illinois Clean Energy Innovation Fund is a revolving investment fund seeded by a grant from the state of Illinois and the U.S. Department of Energy. It is now managed by Evergreen Climate Innovations, a non-profit investment fund. This fund makes direct investments in high-potential, early-stage companies in Illinois to support the clean tech sector. Eligible sectors include renewable energy, energy efficiency, energy storage, and alternative fuels. So far, the fund has invested over $3.9 million in over a dozen firms.
