2018 Houston Market Profile

Page 6

Innovation

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HOUSTON: WH ERE I N NOVATION AN D I N DUSTRY CONVERGE Houston is a city that chooses to take humankind’s boldest challenges head-on. We are America’s most ethnically diverse city. We are unabashedly pro-growth and opportunity rich, fueled by innovators and America’s youngest workforce. We offer a highly-

educated pool of STEM talent drawn from around the world, infused with the city’s get-it-done mentality. In fact, we are the number one city in the United States for STEM grads and engineering talent.

#1 BEST CITIES FOR YOUNG ENTREPRENEURS

LEADING BIOTECH ACCELERATOR

Houston ranks Number 1 list of best cities for young entrepreneurs. Houston’s success rates for small businesses was the best of all U.S. cities.

The Texas Medical Center’s accelerator TMCx provides life science and digital health entrepreneurs with a collaborative ecosystem to accelerate their path to market.

TOP BUSINESS PLAN COMPETITION The Rice Business Plan Competition is the world’s richest and largest graduate-level student startup competition. Since its inception 15 years ago, it has grown from nine teams competing for $10,000 in prize money to 42 teams from around the world competing for more than $1 million in cash and prizes.

#3 TOP UNDERGRADUATE SCHOOLS FOR ENTREPRENEURSHIP PROGRAMS The University of Houston’s undergraduate entrepreneurship program ranks Number 3 on the Princeton Review and Entrepreneur magazine’s top 50 entrepreneurship colleges and business schools list. The survey asked school administrators 60 questions covering their school’s level of commitment to entrepreneurship inside and outside the classroom.

No. 1 Most Favorable Metros for STEM - WALLETHUB.COM

No. 2 Engineering City on Forbes list of America’s engineering hubs - FORBES

No. 1 Top University Business Incubator Rice Alliance for technology and entrepreneurship - UBI INDEX Large supply of young talent and strong university systems with five nationallyranked universities and graduate schools Houston has more than 300,000 educated millennials and 240,000 STEM (science, technology, engineering and math) workers


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