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Why building bridges in Houston's nonprofit, innovation communities should be a priority

By emphasizing community involvement and engagement organizations can stimulate creativity, attain common objectives, and make social impact, benefiting private, public, nonprofit, for profit, and government agencies alike. Photo via Getty Images

I have witnessed numerous Houston-based nonprofits utilize the enormous advantages of community involvement in catalyzing creativity and creating real, sustainable change, but nonprofits can't accomplish everything on our own. For-profit organizations, private academic institutions, and government entities have a substantial role to play in growing community projects, embracing connections, and bolstering nonprofit efforts. Let’s explore some of the advantages of for-profit businesses partnering with nonprofits in order to grow all-around community innovation development.

Connecting with local communities

A vital first step in promoting community participation for innovation is connecting with local communities. For-profit companies can participate in regional projects, pay attention to local residents, and comprehend the opportunities and issues facing their areas. This can assist them in creating strategies that are adapted to local requirements and have a significant impact.

Collaborating with organizations

To spur innovation and realize common objectives, collaboration is essential. For-profit businesses can cooperate with nonprofit groups that share their goals and ideals. This may result in a situation where everyone gains from the collaboration. Non-profit groups can provide their local experience, passion, and connections to the community, while for-profit businesses can contribute their resources, networks, and specializations.

Offering volunteer incentive programs and opportunities

For-profit businesses can engage their staff members and encourage them to participate in community projects by providing volunteer incentive programs and opportunities. This can improve job satisfaction, boost staff morale, and foster a supportive business culture. Additionally, volunteering can benefit workers by allowing them to grow their networks, learn new things, and obtain new experiences.

Engaging in educational initiatives

Another successful strategy for for-profit businesses to encourage community participation for innovation is to participate in educational projects. For instance, they can collaborate with educational institutions to support STEAM (science, technology, engineering, art, and mathematics) initiatives. A pipeline of smart young professionals who are enthusiastic about innovation and social impact may result from this.

Being willing and open to put themselves out there

Lastly, but perhaps most importantly, for-profit businesses must be open and take the potential risks in order to engage with communities and create the seeds of innovation. Businesses open to new concepts and methods, listening to criticism, and conducting transparency can produce happier employees by incorporating the same practices they use to build community engagement. For-profit businesses can truly benefit their own profitability by being willing to cultivate long-lasting relationships and meaningful projects with nonprofits: all while having a significant impact on their communities.

Ultimately, by emphasizing community involvement and engagement organizations can stimulate creativity, attain common objectives, and make social impact, benefiting private, public, nonprofit, for profit, and government agencies alike.

Building bridges, cooperating with nonprofit groups, and supporting community initiatives are all important roles for for-profit businesses to play. For-profit businesses can encourage general community engagement for innovation and change the world by interacting with local communities, working with nonprofits, providing volunteer incentive programs and opportunities, taking part in educational initiatives, and being open and willing to put themselves out there.

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Jeff Carlson is the president and CEO of RioRaiz.

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Both Rice University and the University of Houston were recognized recently on national rankings. Photo via Getty Images

Two new rankings have put the University of Houston and Rice University in the academic limelight.

UH ranks 60th on the National Academy of Inventors’ list of the top 100 universities for utility patents granted last year in the U.S. Meanwhile, Rice has moved up dramatically on Bloomberg Businessweek’s annual list of the top full-time MBA programs.

In 2022, UH received 32 utility patents. The university explains that utility patents are among the world’s most valuable assets because they give inventors exclusive commercial rights for producing and using their technology.

UH joins the University of Texas (No. 3), Texas A&M University (No. 37), Texas Tech University (tie for No. 75), and Baylor University (tie for No. 75) as the only Texas schools on the patent list.

“This recognition further underscores our commitment to innovation and the impactful research taking place at UH,” says Ramanan Krishnamoorti, the university’s vice president of energy and innovation. “It is a testament to the dedication and ingenuity of our faculty, researchers, and students who continue to push the boundaries of knowledge and drive positive change in our world through their hard work and inventive contributions.”

Rice also is sharing in recent academic accolades.

Rice’s Jones Graduate School of Business climbed 10 spots — to No. 19 — in Bloomberg Businessweek’s 2023-24 ranking of full-time MBA programs. Rice holds the No. 1 spot among Texas programs.

The Jones School gained ground in the ranking’s learning, networking, diversity, and entrepreneurship categories.

“Rising in the rankings for networking and diversity shows how Rice’s faculty and staff are dedicated to creating an entire environment and ecosystem that benefits our students, not just what happens inside the classroom,” says Peter Rodriguez, the business dean at Rice. “I am especially proud of these metrics that highlight Rice’s ability to bring people together.”

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