New Venture Fund

For The Moving Beyond Oil Project

  • Amount
    $1,000,000
  • Program
  • Date Awarded
    2/1/2016
  • Term
    13 Months
  • Type of Support
    Project
Strategies
Overview
The New Venture Fund’s Moving Beyond Oil project aims to contribute to the reduction of oil use and to the transition to clean-energy alternatives in the transportation sector in the United States. After the Climate Agreement in Paris, there is even more consensus that in order to keep climate mitigation goals on track, a reduction of about 50 percent in oil use by 2030 is necessary. This year’s priorities include the integration of clean transportation policies in key states, such as California, with the prevention of new infrastructure for high-carbon oil development.
About the Grantee
Address
1201 Connecticut Ave NW, Ste 300
Washington, DC 20036
Grants to this Grantee
for the Oakland Fund for Public Innovation  
The mission of the Oakland Fund for Public Innovation (OFPI), a project housed at the New Venture Fund, is to engage public- and private-sector partners to innovate, test, and scale ideas that will enhance and help improve the city of Oakland. This fund is strategically positioned to leverage the resources and strengths of the public and private sectors to support city priorities. The Hewlett Foundation’s support will help OFPI tackle some of Oakland’s most complex issues of income inequality, housing, employment, and racial equity, with a focus on the most vulnerable communities in the city.

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