Houston-based academic group names top entrepreneurship programs in the world

best in class

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.
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XSpace plans $250M industrial condo expansion with RAFA Racing Club

growth mode

Houston-based XSpace Group has teamed up with two other Houston companies, RAFA Racing Club and Maximo Capital, to develop five industrial condo projects that pair flex space and high-end car storage space with a members-only clubhouse for motorsports enthusiasts.

The five projects will be built in the Dallas-Fort Worth; Miami-Boca Raton; Charlotte-Mooresville, North Carolina; Phoenix-Scottsdale; and Los Angeles markets. Other markets, including Las Vegas, are under consideration for future phases.

XSpace says the initial five-project venture will generate estimated sales of $250 million. Condos will be available to rent or own.

The ground floor of each project will feature a RAFA Racing Club Social & Performance Centre, a members-only clubhouse, event space and lifestyle hub. The remaining floors will offer space for car storage, collectibles, offices and studios. RAFA will operate the ground floor of each building.

“Our goal from day one with RAFA Racing has been to connect people through a shared love of performance and community,” Rafael Martinez, founder of RAFA Racing Club and principal of Maximo Capital, said in a news release. “By pairing XSpace’s forward-thinking condominium design with the exclusive hospitality, networking and high-performance environment of a RAFA Racing Club clubhouse, we’re establishing a community blueprint where passion meets community.”

Each clubhouse will offer:

  • Lounges
  • Dining, working and networking spaces
  • Concierge service
  • Driving simulators
  • Fitness and conditioning capabilities

“We’re building the most valuable community-driven real estate product in America — and RAFA Racing Club is the anchor that makes it unlike anything else on the market," Byron Smith, founder of XSpace, added in a release. “By integrating our flexible, high-end industrial condominiums with RAFA’s world-class hospitality and automotive community spaces, we are completely redefining what commercial real estate can be for the motorsports enthusiast.”

RAFA operates facilities for motorsports fans in Houston and Austin. The clubs, geared toward wealthy people, entrepreneurs, executives, and brand partners, combine a clubhouse, garage, paddock (racing’s version of a locker room), a “human performance” center and driver training programs.

RAFA plans to open seven clubs in the U.S. and three outside the U.S. over the next four years.

XSpace operates a high-end office, warehouse, and lifestyle condo project in Austin and is building a project in Houston that’s set to open in 2027.

Walmart expands drone delivery service to 8 new Houston-area stores

Now Landing

More Walmart delivery drones are now buzzing around Houston-area skies.

In January, Walmart launched its drone delivery service in partnership with Wing at five locations in the Houston area. The retail giant just added eight more stores to its Houston-area drone delivery network.

Wing says the expansion makes drone delivery available to more than 1 million residents of the Houston area. “Many can now bypass notorious Houston traffic to get everyday Walmart essentials delivered by drone in minutes,” Wing said in a release.

The eight Walmart stores that joined the drone delivery network are:

  • 13003 Tomball Pkwy. Houston
  • 12353 FM 1960 Rd. West, Houston
  • 2901 Riley Fuzzel Rd., Spring
  • 20310 U.S. Highway 59, New Caney
  • 1025 Sawdust Rd., Spring, TX 77380
  • 13484 Northwest Fwy., Houston, TX
  • 13750 East Fwy., Houston
  • 3506 Highway 6 South, Houston

Stores where drone delivery was already available are:

  • 14215 FM 2100 Rd., Crosby
  • 1313 N. Fry Rd., Katy
  • 15955 FM 529 Rd., Houston
  • 255 FM 518, Kemah
  • 6060 N. Fry Rd., Katy

Houstonians can learn whether their address is eligible for drone delivery from a Walmart store by visiting wing.com/walmart. Drone-delivered orders can be placed on the Walmart app, the Wing app, or at Walmart.com.

Once an order is ready, it’s loaded onto a delivery drone. The drone then flies up to 60 mph and at a cruising altitude of about 150 feet to reach the customer’s home. The average flight takes less than 5 minutes.

Once it arrives at the customer’s home, the drone stops, hovers at roughly 23 feet, and lowers the order via a tether. Wing says its drones gently lower orders to the ground to protect fragile items like eggs and coffee.

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This article originally appeared on CultureMap.com.

TMC expands Korea BioBridge, welcomes 12 biotech companies to Houston

welcome to hou

The powerful partnership between Texas Medical Center (TMC) innovation and the world of Korean biotech advancement is already growing in scope. Just six months after the new TMC Republic of Korea BioBridge was first announced, 12 new companies from the Republic of Korea will establish on-site presences in Houston to further collaboration between the two nations and medical industries.

The expansion comes from a new agreement between TMC and the Korea Health Industry Development Institute (KHIDI). William McKeon, president and CEO of Texas Medical Center, applauded the move and predicted it would benefit both Houston and Korea immensely.

“Korea has established itself as a global leader in biohealth innovation, with a growing pipeline of breakthrough technologies across digital health, biotechnology, and medical devices,” McKeon said in the news release. “Through the TMC Korea BioBridge, we are creating a direct connection between Korea’s innovators and the world’s largest medical city. This collaboration between TMC and KHIDI provides companies with a place to establish a presence, build strategic relationships, engage with leading clinicians and researchers, and accelerate the path toward commercialization and patient impact in the United States.”

The companies that will be in residence at the TMC Innovation Factory include Ardens Lifescience, whose new CAROL device is currently in human trials tackling lung cancer by using the airway network as electrodes to perform bronchoscopic ablation; stem cell-based gene therapy firm CELLeBRAIN, currently working on neurological disorders and solid cancers; and Wellysis, the developer of the S-Patch wearable cardiac monitoring device.

Additional companies include:

  • Antigravity
  • ARPI
  • CTCELLS
  • elecell
  • HUVER Inc.
  • Hutom
  • ORGANOIDSCIENCES
  • YOUTH BIO GLOBAL
  • Seoul Medical Informatics Intelligence Lab Inc.

“This collaboration establishes a strong foundation for connecting Korea’s biohealth innovation ecosystem with world-class clinical and innovation resources in the United States,” Younghun Jeong, executive director of the KHIDI, added in the news release. “Through partnerships with Texas Medical Center and the Korean-American Medical Association Texas, we look forward to fostering meaningful collaboration among innovators, clinicians, and industry leaders while creating new opportunities for clinical validation, commercialization, and global growth. KHIDI remains committed to expanding global partnerships that support biohealth innovation, clinical collaboration, commercialization, and international growth.”

This is the seventh international strategic partnership for the TMC. It launched its first BioBridge with the Health Informatics Society of Australia in 2016. It launched its TMC Japan BioBridge, focused on advancing cancer treatments, last year. It also has BioBridge partnerships with the Netherlands, Ireland, Denmark and the United Kingdom.

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