On May 7, Patagonia started an in-house venture capital fund called $20 Million & Change to support environmentally friendly startups. Companies must work in five areas: clothing, food, energy, waste, and water. Eligible startups must have at least $1 million in sales or capitalization, must be aligned with Patagonia’s business values, and must study the environmental impact of their supply chain. Individual investments will range from $500,000 to $5 million.