SOMERVILLE, Mass. and HOUSTON, July 9, 2024
/PRNewswire/ -- Greentown Labs, the largest climatetech incubator
in North America, today announced
global management consulting firm Boston Consulting Group (BCG) as
its newest Terawatt Partner—the highest level of engagement with
the incubator.
The partnership is part of BCG's commitment to driving positive
environmental impact together with the firm's partners and clients,
as well as within its own operations. BCG is working to
achieve net-zero climate impact by 2030 and, from there,
to become climate positive, removing more carbon from the
atmosphere than the firm emits each year.
"We are very proud of our partnership with Greentown Labs, which
builds on BCG's track record of supporting cutting-edge emerging
climate technology solutions," said BCG Managing Director and
Senior Partner Cornelius Pieper. "Scaling new technologies is
essential to closing the gap to global climate targets. BCG is
excited to support Greentown in its role of accelerating
climatetech startups' journey toward commercialization."
Earlier this year, with BCG's help, Greentown embarked on an
effort to refresh its mission, vision, and strategy. "Greentown's
sharpened mission—to accelerate climatetech innovation and
commercialization by empowering entrepreneurs and enabling
collaboration—emphasizes our commitment to providing best-in-class
support to our member companies as they work to scale their
technologies and teams," said Greentown Labs Interim CEO
Kevin Dutt.
"We're thrilled to have Managing Director and Partner David
Potere join us as our newest member of Greentown's Industry
Leadership Council," said Greentown Senior Vice President of
Partnerships Aisling Carlson. "BCG
will be a tremendous asset to our community of climatetech
entrepreneurs."
Greentown Labs Media Contact
Reena Karasin
Director of Communications
rkarasin@greentownlabs.com
BCG Media Contact
Anca
Webber
Global Media Relations Director
webber.anca@bcg.com
About Greentown Labs
Greentown Labs is a 501(c)(3)
nonprofit accelerating climatetech innovation and commercialization
by empowering entrepreneurs and enabling collaboration. As the
largest climatetech startup incubator in North America—with
locations in Somerville, Mass. and Houston, Texas—Greentown
convenes the climatetech ecosystem to provide entrepreneurs the
community, connections, and resources they need to thrive.
Greentown is home to more than 200 startups and has supported more
than 500 since its founding in 2011; these startups have
collectively created more than 11,000 jobs and raised more than
$5.7 billion in funding. For more information, visit
www.greentownlabs.com or follow Greentown on
LinkedIn.
About BCG
Boston Consulting Group partners with
leaders in business and society to tackle their most important
challenges and capture their greatest opportunities. BCG was the
pioneer in business strategy when it was founded in 1963. Today, we
work closely with clients to embrace a transformational approach
aimed at benefiting all stakeholders—empowering organizations to
grow, build sustainable competitive advantage, and drive positive
societal impact.
Our diverse, global teams bring deep industry and functional
expertise and a range of perspectives that question the status quo
and spark change. BCG delivers solutions through leading-edge
management consulting, technology and design, and corporate and
digital ventures. We work in a uniquely collaborative model across
the firm and throughout all levels of the client organization,
fueled by the goal of helping our clients thrive and enabling them
to make the world a better place.
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SOURCE Greentown Labs