tech jobs

Microsoft doubles down on partnership with the city of Houston by committing $1M to programs

Mayor Sylvester Turner announced that Microsoft has expanded its partnership with the city. Photo courtesy of Mayor's Office

Microsoft and the city of Houston have introduced a new program aimed at addressing technology skills development across Houston.

Accelerate: Houston is part of Microsoft's larger global skills initiative. Mayor Sylvester Turner announced the program at a press conference on Monday, August 24.

"More than two years ago, I announced our first transformative alliance with Microsoft — the first of its kind in the United States," says Mayor Sylvester Turner, according to a press release. "Today, I am pleased to say we are taking another leap toward strengthening Houston's global standing as a center for innovation and technology."

The Houston partners on the initiative include The Ion, the National Aeronautics and Space Administration, Kino-Eye Center, Upskill Houston, University of Houston College of Technology, and Space Center Houston

"Microsoft launched the Accelerate program at a time when closing the digital divide has never been more important," says Kate Johnson, president of Microsoft U.S., in the release. "We're thrilled to be joining Mayor Turner and an impressive group of partners in this effort to expand access to in-demand digital skills—and close digital skills gaps widened by COVID-19—through Accelerate: Houston."

Through this expanded partnership, Microsoft has committed $1 million into programs for The Ion, an entrepreneurship hub being built by Rice Management Co. and currently under construction in Midtown.

"With this digital alliance, one of history's most important and innovative technology companies becomes a key pillar of The Ion," says David Leebron, president of Rice University, in the release. "Microsoft will help implement the vision to make Houston's new innovation district a focal point for the future of energy, artificial intelligence, data science and smart cities."

Microsoft has previously partnered with Houston in a few ways, including partnering on The Ion Smart Cities Accelerator.

Susan Davenport, chief economic development officer with the Greater Houston Partnership, says the announcement shows that the city is on the right track for upskilling its workforce.

"As we have continued to navigate the global COVID-19 crisis and are steering the changes in our energy sector, we feel Microsoft's commitment validates the strong direction into which Houston is now moving," she says in a statement.

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Building Houston

 
 

Capital Factory's Houston HQ will be in The Ion. Photo courtesy of The Ion

A company that supports entrepreneurship and startups across the Lone Star State with mentorship and funding has announced its new homebase in Houston.

Capital Factory has revealed a new programming partnership with The Ion. Through the collaboration, Capital Factory will host programming, events, and resources within the innovation hub to grow, educate, and support Houston-based startups and entrepreneurs.

"Capital Factory's presence at The Ion will further expand the opportunities for startups and innovators in the Houston region, while strengthening an important pillar of the Texas Startup Manifesto," says Joshua Baer, founder and CEO of Capital Factory, in a news release.

Capital Factory was founded in Austin in 2009 and boosts on being the most active investor in Texas, deploying smaller investments to a multitude of early-stage startups. According to Crunchbase's data, the entity has invested in over 160 companies with 20 exits. Capital Factory officially entered the Houston market in 2019 and doubled down its presence last year when it merged with Station Houston.

Now, with its Houston headquarters moving into The Ion, the two innovation partners will take an inclusive approach to creating connections between innovators, mentors, investors, and markets, per the release.

"We are thrilled to have Capital Factory as a programming partner at The Ion" says Jan E. Odegard, executive director of The Ion, in the release. "The Ion seeks to work with key partners and established brands to help build a rich and inclusive set of startup services that can support all innovators and startups wherever they are in their entrepreneurial journey. Capital Factory brings a proven track record for providing entrepreneurs with services and investments that brings great value not only to The Ion ecosystem, but also to the entire Houston innovation ecosystem."

Capital Factory's first event at The Ion will be Open Coffee on November 16th followed by Open Coworking all day, Baer adds in his statement.

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