honor roll

Houston makes the grade as a top place to live after college, says new report

Graduating from UH? Stick around! Photo courtesy of University of Houston

For many college students, it's tough to imagine life after college when they're cramming for exams and cranking out research papers. Yet the time does come when they'll venture into the "real world" with their degrees.

Before graduation rolls around, college students often find themselves wondering where to start their after-school journeys. To help with this homework, real estate website Point2 has developed a list of the best places for life after college, and Houston — home of University of Houston and Rice University — lands at No. 33 overall.

The website looked at an array of factors to come up with its ranking, such as population growth, business growth, median age, household income growth, poverty rate, and housing availability and prices.

Point2 considered only the 86 places that host the country's 100 most successful colleges and universities, as rated by U.S. News & World Report.

Other Texas communities on the list are:

  • No. 1 Austin, home of University of Texas.
  • No. 5 Fort Worth, home of Texas Christian University.
  • No. 17 College Station, home of Texas A&M University.
  • No. 21 Dallas, home of Southern Methodist University.
  • No. 24 Waco, home of Baylor University.

"While education and innovation keep these educational institutions on the map, it's the economic and social conditions in the city that convince students to pursue a career and build a life in their college town. That's why household incomes, home prices, the number of businesses and startups, and even the city's poverty rates weigh heavy," Point2 says.

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This article originally ran on CultureMap.

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Building Houston

 
 

VR training startup, HTX Labs, has raised funding from an outside investor for the first time. Courtesy of HTX Labs

HTX Labs, a Houston-based company that designs extended reality training for military and business purposes, announced last week that it has raised its first outside capital.

The company has received a $3.2 million investment from Cypress Growth Capital. Founded in 2017, HTX Labs — developer of the EMPACT Immersive Learning Platform — has been granted funding from the Department of Defense as well as grown its client base of commercial Enterprises. The platform uses virtual and extended reality that "enables organizations to rapidly create, deploy, measure, and sustain cost-effective, secure, and centralized immersive training programs, all within engaging, fully interactive virtual environments," per a news release.

“We have been looking to secure outside capital to accelerate the growth of our EMPACT platform and customer base but we hadn’t found the right partner who provided an investment vehicle that matched our needs,“ says HTX Labs CEO Scott Schneider in the release. “We found everything we were looking for in Cypress Growth Capital. They have a non-dilutive funding model that aligns with our capital expectations and have the level of experience that really makes this smart money.

"Cypress has a decade-long track record of success in helping emerging software and services companies achieve scale," he continues. "It is clear that the team’s collective entrepreneurial and operating experience will be of tremendous benefit to us as we focus on expanding our customer base in a very intentional way.”

The fresh funding will go toward growing and scaling the company's operations — both within the current Department of Defense and expansion opportunities into key commercial markets, like heavy industry, manufacturing, and higher education. Additionally, the funding will support increased customer adoption.

“Scott and his team have built an exceptional business that is poised for dramatic growth,” says Cypress Partner Pat McCaffrey in the release. “HTX Labs’ modern, immersive training solution provides clients with a force multiplier for modernizing training and an unmatched ROI.”

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