Factor(E), founded in 2013, is a joint venture between the Shell Foundation and the Energy Institute at Colorado State University. It was born from a need for more effective investments in early stage energy-related technology ventures.
Both partners identified an opportunity to help entrepreneurs and investors alike achieve higher impact by helping to facilitate the execution of early entrepreneurial ideas. By combining early stage capital with technology co-development, Factor(E) is able to de-risk ventures and prepare them for scale.
The Shell Foundation and the Energy Institute at Colorado State University have been successful partners for several years. One of their major successes is launching and supporting Envirofit International, now one of the largest improved cookstove companies in the world, which originated in one of the Energy Institute laboratories.
For more information, contact Morgan DeFoort.