new digs

Photos: Rice Alliance reveals new office space

The Rice Alliance unveiled its new Gensler-designed, 3,000-square-foot office space. Photo courtesy of the Rice Alliance

Rice University's entrepreneurship-driving entity has a new, updated office on campus. The Rice Alliance for Technology and Entrepreneurship cut the ribbon on its 3,000-square-foot Bill and Stephanie Sick Suite just in time for the holidays.

The space was made possible by a $1 million donation from its namesake couple, Rice engineering alumnus William "Bill" Sick and his wife, Stephanie. Bill Sick was among the first supporters and mentors to the program when it was formed in 2000.

"[Bill is] passionate about building entrepreneurship at Rice University and passionate about the importance of entrepreneurship in driving innovation and economic development in this country," Brad Burke, managing director at the alliance, says. "Bill has watched Rice's program go from an unranked program to the No. 1 entrepreneurship program in the country and felt the Rice Alliance needed a larger, more appropriate space commensurate with the Rice Alliance's impact on Rice and on the Houston community."

Burke says the Rice Alliance's new home — located in McNair Hall, which houses the Jones Graduate School of Business — will be better accommodating for the number of industry professionals that come onto the Rice campus for events, programming, mentorship, and more.

"The Rice Alliance meets frequently with venture capitalists, entrepreneurs, students, mentors, and other members of the Houston entrepreneurial ecosystem," Burke says. "The new space is on the first floor of the Jones School and is much more accessible and visible to our guests and visitors."

The Bill and Stephanie Sick Suite has doubled the Alliance's space and has allowed the organization to co-locate with another innovation-focus entity on campus. The Liu Idea Lab for Innovation & Entrepreneurship, or LILIE, will have an office in the space, better connecting the two organizations that have worked hand-in-hand for a number of years.

Some visual elements of the space include bright green walls, which sets the Rice Alliance apart from the school with an energetic feel. The space also features a number of Houston art, including:

  • A three-paneled piece by local Houston artist DUAL, which was commissioned by Rice Alliance for the 2019 Rice Business Plan Competition.
  • A neon sign, designed and created by Houston artist Tim Walker of The Neon Gallery adorns the entrance wall.
  • In a way to honor Houston's history, mosaic tile flooring from the Blue Tile Project is also featured in the space.

Gensler designed the space and b. bell builders was the general contractor. Quynhmai Nguyen, Rice Alliance's senior director of operations and event planning, worked with Gensler and made the final detailed design decisions.

Energetic new space

The new space, which premiered with a holiday party last week, features a neon sign, designed and created by Houston artist Tim Walker of The Neon Gallery.

Trending News

Building Houston

 
 

Houston-based NanoTech Inc. has announced it's closed its seed round of funding. Photo courtesy of NanoTech

It's payday for a Houston startup that is housed out of the new Halliburton Labs. Nanotech Inc., which material science for fire-proofing and insulation, has announced the close of its $5 million seed round.

According to NanoTech's news release, Austin-based Ecliptic Capital led the investment round. Additionally, the deal also resulted in the conversion of a simple agreement for future equity, or SAFE, that was previously issued to Halliburton Labs.

"The investment from Ecliptic Capital will allow us to scale our business to achieve our mission of fireproofing the world and reducing global energy consumption. Additionally, our participation with Halliburton Labs provides us with the support of a Fortune 500 company." says NanoTech's CEO Mike Francis in the release.

Based in Austin, Ecliptic Capital is a fund focused on early-stage startups and supports a wide range of technologies across neglected geographies and industries.

"Ecliptic is proud to partner with NanoTech as the company's founding institutional investor," says Mike W. Erwin, founder of Ecliptic Capital, in the release. "We're excited to work with the company and leverage our operational expertise to rapidly scale this impactful, world-changing technology. We look forward to a new world where NanoTech accelerates the thermal management market from science-fiction to science-fact."

Halliburton Company chose NanoTech among a round of contenders to be the first participant of their 12-month program located at their Houston headquarters. Halliburton provides Nanotech with its own office space, access to Halliburton facilities, technical expertise, and an extensive network to accelerate their product to market.

'We are thrilled to see a Halliburton Labs participant secure their first round of financing, and congratulate the Ecliptic and NanoTech teams,' says Scott Gale, Halliburton Labs executive director, in the release. 'We are confident in the path forward as they work towards achieving a clean energy future.'

NanoTech's proprietary technology has the ability to be utilized for various industries — including commercial construction, chemical plants, oil and gas, aviation, utilities and much more — for eco-friendly spray-on insulation and fireproofing.

"As a company, we are just scratching the surface on where our technology will be used and can't wait to see the business scale." adds Mike Francis.

Trending News