The Global Consortium of Entrepreneurship Centers is a group of more than 250 university entrepreneurship programs that is headquartered at Rice University’s Jones Graduate School of Business. Photo courtesy of Rice

A Houston-based academic group called out top universities and programs from around the world — including one in Houston and another in Texas — that are excelling in educating future entrepreneurs at the Global Consortium of Entrepreneurship Centers Conference last month.

The GCEC is a consortium of more than 250 university entrepreneurship programs that is headquartered at Rice University’s Jones Graduate School of Business, which has been named a top entrepreneurship program itself time and time again.

The group's annual conference was hosted at the University of Nevada, Las Vegas, in October, and more than 550 member representatives attended, according to a statement from Rice. In addition to talks, break out sessions and collaboration time, 14 universities were awarded top honors at the event.

Houston Community College's entrepreneurial initiatives won in the Excellence in Specialty Entrepreneurship Education category. The office is known for signature programs like its annual business plan competition, which has been running since 2008. It is also home to the Minority Business Development Agency, created by a grant from the Department of Commerce in 2013, and the MBDA Pandemic Recovery Center.

Additionally, the HCC Alief Hayes Campus is in partnership with the Goldman Sachs 10,000 Small Businesses program, providing 100 hours of instruction and advising and access to capital and an alumni network.

The Texas A&M University System also won in the Outstanding Contributions to Venture Creation category along with the University of St. Thomas (Minnesota). TAMU was recognized for its TEES DeepTech Ventures program. The hands-on training program operated out of Doha, Qatar last November.

Meanwhile Babson College's Arthur M. Blank Center for Entrepreneurship and Iowa State University's Pappajohn Center for Entrepreneurship were awarded the most prestigious honor at the conference. The universities received the The Nasdaq Center for Entrepreneurial Excellence Award. This was the first year that two programs received the award based on student body sizes of less than or more than 5,000 students.

Duncan Moore, a professor at the University of Rochester’s William E. Simon Graduate School of Business Administration, and Carol Reeves, associate vice provost for entrepreneurship at the University of Arkansas’ Sam M. Walton College of Business, received legacy awards for their contributions to entrepreneurship education.

Other winners included:

  • Outstanding Emerging Entrepreneurship Center (schools with less than 5,000 students)
    • Lafayette College, Dyer Center for Innovation and Entrepreneurship
  • Outstanding Emerging Entrepreneurship Center (schools with more than 5,000 students)
    • James Madison University, Gilliam Center for Entrepreneurship
    • Nova Southeastern University, Alan B. Levan-NSU Broward Center of Innovation
  • Exceptional Activities in Entrepreneurship Across Disciplines
    • Northeastern University, Center for Entrepreneurship Education
  • Excellence in Entrepreneurship Teaching and Pedagogical Innovation
    • Stanford University, Stanford Technology Ventures Program
  • Outstanding Student Engagement & Leadership (schools with less than 5,000 students)
    • London Business School, Institute of Entrepreneurship and Private Capital
  • Outstanding Student Engagement & Leadership (schools with more than 5,000 students)
    • Marquette University, 707 Hub
  • Exceptional Contributions in Entrepreneurship Research
    • Florida Atlantic University, Adams Center for Entrepreneurship
  • GCEC Center of Entrepreneurial Leadership
    • UNLV, Troesh Center for Entrepreneurship and Innovation
The 2023 GCEC Conference will be held in Dallas next October at the University of Texas at Dallas.
Ad Placement 300x100
Ad Placement 300x600

CultureMap Emails are Awesome

Houston startup lands $10M to power up electrician staffing platform

money moves

Houston-based Buildforce, which provides a tech-enabled staff platform geared toward electricians and electrical contractors, has raised a $10 million Series A round led by Houston’s Saepio Capital.

Other investors in the round include Blue Heron Capital, Revolution’s Rise of the Rest Seed Fund, S3 Ventures and Chicago Ventures.

Buildforce says the funding will help fuel its national expansion and further development of its technology.

The startup, founded in 2019, connects electricians with electrical contractors for commercial and industrial construction projects. Buildforce’s mobile app helps electricians find and carry out work, and a web app helps electrical contractors find and manage electricians.

“This financing is a major milestone in furthering our mission to help people dedicated to a career in the construction trades lead more secure and fulfilling lives,” co-founder and CEO Moody Heard said in a news release.

Buildforce focuses solely on the electrical trade within the construction sector.

Nick Graziano, principal at Blue Heron, says the shortage of electricians is intensifying as demand for electricians accelerates, driven by data center construction, infrastructure development and energy transition initiatives.

The U.S. Bureau of Labor Statistics estimates the U.S. will need to hire about 80,000 new electricians per year through 2032 to catch up with demand. According to the National Electrical Contractors Association, the U.S. is grappling with a current shortage of 50,000 electricians.

A 2026 economic report from asset manager BlackRock says the electrical trade is expected to be the single fastest-growing employment category in the U.S. labor market over the next 10 years.

“Buildforce is capitalizing on a clear opportunity in America’s generational infrastructure buildout. We believe their mission to use technology to improve lives in the construction space will allow them to make a positive long-term impact on a large and important labor market,” added Jaan Bains, managing partner at Saepio Capital.

Venus Aerospace adds government, C-suite leaders following $91M raise​

new leaders

Fresh off its $91 million Series B, Houston-based Venus Aerospace has made several key additions and promotions to its leadership team.

The company says its expanded team will help it deploy its high-thrust rotating detonation rocket engine (RDRE), which completed its first U.S. flight test last summer.

"We flew the world's first high-thrust RDRE in just over four years on $80 million. We believe that makes it the fastest, most capital-efficient rocket engine program in history," Sassie Duggleby, co-founder and CEO of Venus Aerospace, said in a news release. "Adding this talent to our leadership team is how we bring that same discipline to the company itself, as we scale to meet the technical needs of defense and space customers who need range and speed legacy systems can't deliver."

The key hires include:

Lane Bodian, Vice President of Public Policy

Bodian previously served as the Principal Deputy Assistant Secretary of Defense for Legislative Affairs at the Pentagon.

Dan Rebnord, Director of Federal Government Relations

Rebnord most recently served as Senior Policy Advisor to a member of the Senate Armed Services Committee and previously worked in the Office of Legislative Affairs at the Department of Defense and as Staff Director for a national security subcommittee in the House of Representatives. Rebnord and Bodian will lead Venus' work with government stakeholders.

Tom Barron, Chief Operating Officer

Barron was promoted from his role as vice president of operations for Venus Aerospace. Before his time at Venus, he served as Special Assistant to the Secretary of Defense and consulted aerospace clients at McKinsey & Company. He also served as a U.S. Army Infantry and Special Forces officer.

Nick Cardwell, Chief Product Officer

Cardwell was promoted from his role as vice president of research and development. He previously held product and technology leadership roles at VC-backed tech companies in the San Francisco Bay Area and Austin.

Venus also named Cameron Taylor as its new vice president of operations, Sarah Boland Heine as its head of communications, Matt Stohr as its head of business development, and Sheila Menz as general counsel.

The company also announced a joint technology development agreement to advance the RDRE with defense giant Lockheed Martin last week. Through the partnership, Venus and Lockheed will focus on evaluating the RDRE's propulsion architecture in defense systems, specifically for precision fires applications where weapons are designed to accurately strike targets at long distances.

Lockheed Martin Ventures, the investment arm of the aerospace and defense contractor, is an investor in Venus Aerospace.

"Lockheed Martin is focused on rapidly delivering advanced capabilities that strengthen deterrence and provide decisive advantages for the warfighter," Tim Cahill, president, Lockheed Martin Missiles and Fire Control, said in a news release. "Our collaboration with Venus Aerospace allows us to evaluate a promising propulsion technology and determine how it can be integrated into future precision fires solutions. Efforts like this help accelerate innovation, reduce risk and shorten the path from emerging technology to operational capability."

Venus' RDRE is expected to enable vehicles to travel four to six times the speed of sound from a conventional runway and is about 15 percent more efficient than traditional alternatives, according to the company.

Venus says the reusable, affordable and scalable RDRE is designed with a "common propulsion architecture" that can work for multiple industries and mission types. The company has previously estimated that the hypersonic market is projected to surpass $12 billion by 2030.