2015 • 3 years • Impact Investments
PRIME Coalition addresses two capital gaps within the clean energy technology commercialization lifecycle: 1) the period between research grants and private sector investment, and 2) the period between technology validation and deployment. Through its PRIME Investment Funnel, the organization sources, screens and vets promising enterprises for impact investors. The Aligned Intermediary, which PRIME is incubating in partnership with leading experts in climate-related policy, institutional investing and finance at Stanford University, helps large, long-term investors (sovereign funds, pension funds, endowments, insurance companies, family offices, and foundations) who seek to commit significant amounts of capital into a broad spectrum of environmental investment opportunities. These two efforts, which encompass the core activities of the PRIME Coalition and to which MacArthur will provide general operating support, improve connections between investors and promising technology-based businesses that are impeded by critical development and deployment hurdles.