meet the cohort

MassChallenge names 56 startups to newest Houston cohort along with new space and sports tracks

MassChallenge Houston's 2020 cohort has been selected. Photo courtesy of MassChallenge Texas

After launching in Houston with a smaller cohort last year, MassChallenge Texas has announced its latest, full-scale cohort and is kicking off virtual programming this month.

"Today's world is up against new challenges that require creative solutions to help us get back to speed as quickly and as efficiently as possible," says Jon Nordby, MassChallenge Texas in Houston's managing director in a news release. "The incoming cohort is uniquely positioned to make an impact because of their ability to act swiftly and adapt to new market needs. These founders will go on to create the impact and the jobs that will underpin the recovery of our economy for years to come."

The program begins this June 22 and concludes in October. According to the news release, the accelerator will operate as a hybrid — combining virtual and in-person programming. The startups will pitch virtually at the MassChallenge Virtual Startup Showcase on July 16 and 17, as well as at the conclusion of the program at the the MassChallenge Texas in Houston 2020 Awards.

The cohort represents 12 countries and 13 states — with over a third being female founded. The program is also introducing two new tracks: Sports tech, which was announced in April, and space commercialization. Some startups from this cohort will also be participating in the tracks, but MCTX hasn't identified the new tracks' cohorts yet.

Here are the members of the 2020 MassChallenge Texas Houston cohort and where they are based.

Energy and clean tech

General and retail

Health care and life science

Technology

Social impact

Trending News

Building Houston

 
 

Ryan Sitton's new book, "Crucial Decisions," touches on an array of topics and how data is the key to making the positive and impactful decisions. Photo via Getty Images

Abraham Maslow's hierarchy of need tells us that at our core, humans crave safety and sustenance. When you turn on the light each morning while getting ready for work, or when you check your bank account and see your paycheck arrived on schedule, we expect every aspect of our daily lives to work.

In today's world, we often take these things for granted, until reliability is threatened. Our dependency is revealed in the frenzy over a potential toilet paper shortage and in the panic buying of gasoline in a hurricane. When things in society are consistent, economies thrive. However, when you introduce fear and uncertainty, things begin to spiral. It is in these times that the decisions we make can have the biggest impact on the world around us.

The link between impactful decisions and reliability has brought our society to a pivotal moment in history. We have created a society so reliable and developed that even during the coronavirus lockdown, the basic needs of Americans could be met with only 25 percent of our workforce actively working. By increasing productivity using machines and systems, we have been able to improve our overall quality of life, but not without a price. As a result of such high improvement, we as a society have come to not only expect, but demand, reliability at all times.

When dependability waivers and anxiety rises, those in key decision-making positions are faced with unprecedented situations. Due to distress and a lack of understanding of certain situations, those in decision making positions are often times forced to make decisions based on rapid response and emotion. Because of this, consistency and reliability suffer.

A prime example of an emotional response is the coronavirus shutdown that occurred earlier this year. As a response to the growing fear and panic over the virus, major portions of our economy were shut down; schools were closed; and citizens were confined to their homes.

What followed was the bankruptcy of thousands of businesses, an unprecedented wave of fear throughout society and a disruption to the consistency of our daily lives. We have yet to know what lasting impacts this decision will have on our future economy or livelihood, but we now understand that rapid decision making is often met with long-term consequences.

While there will continue to be disagreements on all sides regarding the handling of the shutdown, what is undisputable is that we as a society have gained an opportunity to learn. We now have the unique advantage of using data in ways that has never been used before in order to make consistently better decisions, allowing us the opportunity to perform at levels we have never thought possible.

Whether it be data advancements in sports (think Billy Beane and the Oakland Athletics), or the progression of technology (continuous iPhone updates), we are able to study the improvements of data on society in order to make more reliable decisions. With more powerful data analytics and innovations in data sciences, we are able to positively impact the most vital components of our society in order to make decisions that will drive evolution and reliability.

As the world continues to progress, the decisions we are forced to make have become more complex. With each complicated decision comes the potential for lasting positive or negative impact on society. In shifting from emotional, rapid reactions towards more data and quantitative focused methods, we have the unique and unprecedented opportunity to make our world a more reliable, stable and creative place.

------

Ryan Sitton is the founder of Pinnacle and the author of "Crucial Decisions."

Trending News