green for green

University of Houston-Downtown receives $250,000 gift to go greener

UHD's science building has received funding from a nonprofit affiliate of Green Mountain Energy to install green energy technology. Courtesy of NRG

The University of Houston-Downtown has gotten some green to make its new College of Sciences & Technology Building even more green.

The Green Mountain Energy Sun Club, a nonprofit affiliated with the Green Mountain Energy utility provider, has pledged more than $250,000 to UHD for installation of solar panels at the building, as well as the purchase of photosynthesis equipment.

Akif Uzman, dean of UHD's College of Sciences & Technology, says in a release that the Green Mountain Energy Sun Club gift propels "our drive to show students and our local community our commitment to energy conservation and sustainable energy practices."

By the spring of 2020, UHD will install a 54-panel, 16.7-kilowatt, off-grid solar system that will help power two environmental science teaching labs in the College of Sciences & Technology Building. One of the labs, the Green Mountain Energy Sun Club Environmental Science Lab, will host classes by next year's spring semester.

"Our mission is to change the way power is made, and we share UHD's dedication to renewable energy, environmental education, and reducing carbon emissions," Mark Parsons, vice president and general manager of Houston-based Green Mountain Energy, says in a release.

Houston-based NRG Energy owns Green Mountain Energy.

Donations to the Sun Club come from Green Mountain Energy and its customers and employees. Since 1997, Green Mountain Energy has promoted energy efficiency, conservation, and environmental stewardship.

The Sun Club gift also will help buy a portable photosynthesis system. Michael Tobin, associate professor of biology, says the equipment will take measurements of plants in courses such as Plant Biology Laboratory, General Ecology Laboratory, and Environmental Lab and Field Studies. In addition, it will be used by students conducting faculty-guided research projects.

"A research-grade instrument to make photosynthesis and water use measurements will enhance students' research experiences and increase the likelihood that their project results can be published in a peer-reviewed scientific journal," Tobin says in a release.

UHD opened the College of Sciences & Technology Building in August. It's the first University of Houston System building constructed to meet LEED Gold standards, reflecting a commitment to sustainability features such as energy-efficient lighting, recycled construction materials, and "smart" design components.

Spanning 105,000 square feet, the College of Sciences & Technology Building contains nearly 30 labs for teaching and research, as well as classrooms, meeting and study spaces, and a café. UHD envisions the building will be a "model for sustainability in Houston."

Environmental highlights of the building include a 6,000-gallon cistern that provides water for the outdoor urban gardens, and the addition of native grasses in the surrounding landscape to create a micro-pocket prairie and, in effect, an outdoor classroom.

Aside from classes and resources for students and faculty in biology, biotechnology, biological and physical sciences, and chemistry, the building houses UHD's Center for Urban Agriculture & Sustainability.

The center is "a game changer for UHD initiatives and scholarly activities centered on sustainability," Lisa Morano, director of the Center for Urban Agriculture & Sustainability, says in a release. "It also serves as an example of how planners and architects can incorporate environmentally sound decisions in the design and construction of academic facilities."

Juan Sánchez Muñoz, president of UHD, says the College of Sciences & Technology Building is a hub for academic exploration and a catalyst for community collaboration.

"Its labs and learning spaces will elevate UHD's ability to prepare the next generation of Houston's scientists and innovators. The facility also will serve as a place where Houstonians can gather to address issues affecting our city and to learn how UHD is leading positive change in the region," Muñoz says in a release. "It's a major addition to our campus and an incredible asset to Houston."

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Building Houston

 
 

Last weekend was a tumultuous one for founders and funders in Houston and beyond. Here's what lessons were learned. Photo via Getty Images

Last week, Houston founder Emily Cisek was in between meetings with customers and potential investors in Austin while she was in town for SXSW. She was aware of the uncertainty with Silicon Valley Bank, but the significance of what was happening didn't hit her until she got into an Uber on Friday only to find that her payment was declined.

“Being positive in nature as I am, and with the close relationship that I have with SVB and how they’ve truly been a partner, I just thought, ‘OK, they’re going to figure it out. I trust in them,'” Cisek says.

Like many startup founders, Cisek, the CEO of The Postage, a Houston-based tech platform that enables digital legacy planning tools, is a Silicon Valley Bank customer. Within a few hours, she rallied her board and team to figure out what they needed to do, including making plans for payroll. She juggled all this while attending her meetings and SXSW events — which, coincidentally, were mostly related to the banking and fintech industries.

Sandy Guitar had a similar weekend of uncertainty. As managing director of HX Venture Fund, a fund of funds that deploys capital to venture capital firms around the country and connects them to the Houston innovation ecosystem, her first concern was to evaluate the effect on HXVF's network. In this case, that meant the fund's limited partners, its portfolio of venture firms, and, by extension, the firms' portfolios of startup companies.

“We ultimately had no financial impact on venture fund 1 or 2 or on any of our portfolio funds or our underlying companies,” Guitar tells InnovationMap. “But that is thanks to the Sunday night decision to ensure all deposits.”

On Sunday afternoon, the Federal Deposit Insurance Corp. took control of SVB and announced that all accounts would be fully insured, not just up to the $250,000 cap. Customers like Cisek had access to their accounts on Monday.

“In the shorter term, the great news is SVB entity seems to be largely up and functioning in a business as usual manner,” Guitar says. “And they have a new leadership team, but their existing systems and predominantly the existing employee base is working well. And what we're hearing is that business as usual is taking place.”

Time to diversify

In light of the ordeal, Guitar says Houston founders and funders can take away a key lesson learned: The importance of bank diversification.

“We didn't think we needed one last week, but this week we know we need a resilience plan," she says, explaining that bank diversification is going to be added to "the operational due diligence playbook."

"We need to encourage our portfolio funds to maintain at least two banking relationships and make sure they're diversifying their cash exposure," she says.

A valued entity

Guitar says SVB is an integral part of the innovation ecosystem, and she believes it will continue on to be, but factoring in the importance of resilience and diversification.

"Silicon Valley Bank and the function that they have historically provided is is vital to the venture ecosystem," she says. "We do have confidence that either SVB, as it is currently structured or in a new structure to come, will continue to provide this kind of function for founders."

Cisek, who hasn't moved any of her company's money out of SVB, has similar sentiments about the importance of the bank for startups. She says she's grateful to the local Houston and Austin teams for opening doors, making connections, and taking chances for her that other banks don't do.

"I credit them to really being partners with startups — down to the relationships they connect you with," she says. "Some of my best friends who are founders came from introductions from SVB. I've seen them take risks that other banks won't do."

With plans to raise funding this yea, Cisek says she's already started her research on how to diversify her banking situation and is looking into programs that will help her do that.

Staying aware

Guitar's last piece of advice is to remain confident in the system, while staying tuned into what's happening across the spectrum.

“This situation that is central to the venture ecosystem is an evolving one," she says. "We all need to keep calm and confident in business as usual in the short term while keeping an eye to the medium term so that we know what happens next with this important bank and with other associated banks in the in our industry."

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