Co-Founder, Los Angeles Cleantech Incubator (LACI), US
Fred H. Walti II is the Founding CEO of the Los Angeles Cleantech Incubator (LACI), combining experience as an entrepreneur with his passion for clean technology. In just a little over five years, Mr. Walti has forged LACI into a regional commercialization ecosystem with an international footprint. LACI is now recognized as one of the premier cleantech commercialization programs in the world: ranked as the #3 Global Incubator by the UBI Index of 1200 incubators; selected by the Department of Energy (DoE) as one of their three national incubators; and chosen by the California Energy Commission (CEC) to establish a Los Angeles Regional Energy Innovation Cluster through a $5 million CEC grant.
Under Mr. Walti’s leadership, LACI has helped 68 companies raise $138 million in funding, created 1,300 jobs, and delivered more that $330 million in long term economic value for the City of Los Angeles. In 2016, LACI celebrated the grand opening of the La Kretz Innovation Campus and is the recipient of numerous recognitions, including the Rudy Bruner Award for Urban Excellence. In July of 2016, Mr. Walti resigned as LACI’s CEO and now serves as President and CEO of the Network for Global Innovation (NGIN), a global mechanism creating a commercialization ecosystem comprised of twenty world class innovation institutes in nine countries. Mr. Walti was named on the Techweek100 as one of the most impactful technology leaders in 2014.
Mr. Walti speaks to groups on creating cleantech innovation ecosystems, harnessing the region’s strengths to build a large green economy, entrepreneurship, the role of innovation in creating jobs, and public/private partnerships.
Fred Walti received his BA from New York University.