3 Houston college students win big in global Intel AI competition

big winners

Three Houston students won at the 2023 Intel AI Global Impact Festival competition. Photo via Intel

Three students from Houston Community College Southwest won the top national prize at the 2023 Intel AI Global Impact Festival competition, HCC announced this month.

Sumesh Surendran, Ruben Treviño, and Muskaan Shahzad won the top spot in the the 18-and-older age group of United States competitors. Their project, “MedINtel: Automated Triage Machine (ATM),” is an ongoing effort for HCC’s AI program.

“Our students have often told me how grateful they are to our faculty and staff for their support and commitment to their success,” Samir Saber, dean of the Digital and Information Technology Center of Excellence, says in a news release.” We’re all proud of bringing home a top award back-to-back from an international competition of this caliber.”

The students' entry involved a kiosk-style version of an ATM to collect data at a patient intake. The kiosk used AI technologies like computer vision, to accelerate and help with patient triage. The festival featured future developers, teachers, policymakers, and emerging technologists sharing innovations and discussions on the impact of artificial intelligence according to the educational partner to HCC’s AI program the Intel Corporation.

“This group of students has demonstrated their exceptional talents on a national and global stage in a rapidly growing field that continues to transform all industry sectors,” HCC Southwest President Madeline Burillo-Hopkins says in the release. “Their innovative project shows why Houston is a city where companies can find the best qualified, competent and creative tech talent.”

HCC’s participation and success in the program is well-documented, as last year during the Intel Global Impact Festival competition, HCC Southwest won top global prize in the 18-and-older age group, and another HCC team took home a national honor.

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Houston Community College will have a new program this fall focused on smart building tech. Photo via HCC.edu

Houston college to launch new smart building degree-program in the fall

coming soon

Houston Community College will launch a new 60-hour Smart Building Technology program this fall, the college announced last week.

The program will train students on the installation of low-voltage controls, such as audio/visual systems, energy management, lighting controls, security cameras, burglar and fire alarm systems, retail and grocery store automation, medical automation and more, according to HCC. Students will receive an Associate of Applied Science degree after completing the program.

“This program is both cutting edge and down to earth,” Matt Adams, instructor and program coordinator for HCC’s Electrical Technology program, said in a statement.

"A lot of new technology is coming into this industry, but a lot of the technology is the same as it has been for the last five to 10 years," he went on to add. "What is new is the integration of it all, making it all work together, to make people’s lives better.”

The Smart Building Technology program will be part of HCC Central’s Electrical Technology program in the Architectural Design and Construction Center of Excellence (COE). According to the college, it's one of the first programs of its kind.

Adams says that the earning potential in this line of work starts at around $50,000 a year, with the potential to earn double that with additional learning and training.

In late 2022, HCC and partners also received a $1.8 million grant from JP Morgan Chase to launch a new certificate program to help residents who come from some of Houston’s most underserved and under-resourced neighborhoods find career opportunities in the clean energy, disaster response, utilities, trades and manufacturing fields. Partnering employers included The City of Houston, Harris County and TRIO Electric.

Meanwhile, Houston Methodist and Texas A&M University graduated the inaugural class from its School of Engineering Medicine earlier this month.

Graphic courtesy of HCC

Together, the city and HCC will train Houstonians in resiliency preparedness. Image via Getty Images

City of Houston announces partnership college on 5th anniversary of Hurricane Harvey

preparing the city of Houston

Last week, Houston Mayor Sylvester Turner looked back on the past five years since Hurricane Harvey and made a lofty goal to provide the community with resiliency training.

The city of Houston and Houston Community College signed a memorandum of understanding that will address the city's goal to train 500,000 citizens, employees, small businesses, volunteers, and first responders in new resiliency training programs starting this fall.

The agreement was signed last week at the "Embracing Resiliency Symposium" hosted by the Resilience Innovation Hub, Amegy Bank, and HCC in front of 175 business, civic, community, education, and government leaders attending.

“I am pleased to announce the City of Houston’s partnership with Houston Community College’s new Resilience Center of Excellence and the Operations Training Facility and all the many ways we will collectively pave the path for a stronger and more prepared citizens, workforce, and community and a more resilient future,” Mayor Turner says at the event.

“Five years back, as we faced the wrath and impacts of Hurricane Harvey, it was a moment of reckoning for us as a city. It spurred us to think more cohesively about response and recovery; and most importantly, it urged us to think about building forward from recovery, from response towards resilience," he continues.

Starting this fall, the Houston community will have access to the following seven resiliency courses:

  • Resiliency 101 + Community Emergency Response Training (CERT)
  • Disaster Case Management
  • Facilities and Infrastructure
  • Disaster Recovery
  • Drones, Data Science, and Internet of Things
  • Public Safety and Rescue
  • Medical Triage

An additional 30 courses and programs will follow in 2023.

“As Mayor Turner recently stated, the lessons learned from Hurricane Harvey and subsequent disasters have identified one common take-away: When we work together as a team, Greater Houston is always resilient,” HCC Chancellor Cesar Maldonado says at the event. “In light of this observation, we must remain vigilant so these disasters will not continue to harm our families, our neighborhoods, our companies, our facilities and the community-at-large."

Earlier this summer, HCC announced that it is developing the Resilience Center of Excellence to aid the city’s resilience campaign. At the heart of this project is the 65,000-square-foot, $30 million Resiliency Operations Center, which will be built on a five-acre site HCC’s Northeast campus. The complex is scheduled to open in 2024.

"The HCC Resiliency Center of Excellence and Operations Training Facility will contribute to addressing preparedness and long-term mitigation from future floods, storms, snow and ice, pandemics and other challenges that have cost the region in the loss of lives, community, operations, and economic competitiveness," Maldonado continues.

In this roundup of short stories, Houston has been recognized as an emerging hub for life sciences, HCC wins an award for entrepreneurship, and more local innovation news. Photo by Dwight C. Andrews/Greater Houston Convention and Visitors Bureau

Houston named growing hub for life sciences, cybersecurity startups win contest, and more innovation news

short stories

Houston's innovation ecosystem has been booming with news, and it's likely some might have fallen through the cracks.

For this roundup of short stories within Houston innovation, see why Houston has been named a top emerging hub for life sciences, Hatch Pitch reveals its cybersecurity startup winners, and more.

Houston named an emerging life science hub

A new report finds that Houston's life sciences scene — soon to be home to TMC3 — is growing. Courtesy of Elkus Manfredi Architects

According to a new report from CBRE, Houston is on track to be a top market for life sciences. The report factored in size and growth of life-sciences employment, the venture capital and National Institutes of Health funding, and more.

"Interest in Houston's life sciences sector from developers, investors and financial backers has grown significantly in recent years," says Nelson Udstuen, senior vice president at CBRE, in a press release. "Several factors have contributed to this, including an increase in both federal funding from NIH and private venture capital, a growth in R&D employment and commitments from Texas Medical Center member institutions and other private developers to establish new life science buildings and campuses."

Houston's life-sciences industry, which comes in at No. 2 on the list behind Pittsburgh and ahead of Austin, ranks within the 20 largest in the U.S. by employment. In terms of growth, Houston is expanding at a 6.5 percent pace from 2018 to 2019. Houston institutes received around $600 million in funding from NIH last year, which amounted to the 12th-largest sum by market.

"Houston is also a draw for the life sciences industry due to its large cluster of life science employees," continues Udstuen. "Our market is home to a large population with the technical ability to perform Research and Development, meaning employers do not have to focus as heavily on recruiting from other markets."

Inaugural pitch competition names winners

pitch

Hatch Pitch named the winners of its inaugural cybersecurity-focused competition. Photo via Getty Images

Houston-based Hatch Pitch announced its Cyber Pitch competition in December, and, other than having to pivot to virtual, the competition went off without a hitch. The winners at the Houston Cyber Summit were revealed on October 22.

  • Toronto-based Paqt took first place
  • PixoAnalytics, based in Bonn, Germany, came in second
  • And Austin-based Clocr placed in third place as well as the Audience Favorite.

Hatch Pitch will return in March 2021 for the Hatch Pitch Digital Summit, but until then, check out video clips and the pitches from Cyber Pitch 2020 online.

Houston college receives national entrepreneurship award

Houston Community College has been named the 2020 Heather Van Sickle Entrepreneurial College of the Year. Photo via HCC.edu

The National Association for Community College Entrepreneurship has named Houston Community College as the 2020 Heather Van Sickle Entrepreneurial College of the Year at its 18th Annual Conference in Nashville, Tennessee, earlier this month.

"Houston Community College is a model of how colleges contribute to their local entrepreneurial ecosystems," says Rebecca Corbin, president and CEO of NACCE, in a news release. "Through persistence and entrepreneurial mindset and action, HCC has scaled replicable and sustainable entrepreneurial programs that have impacted thousands of students over the past several years. It is a pleasure to recognize this outstanding college, which was selected by an independent judging panel, as the winner of NACCE's 2020 Entrepreneurial College of the Year Award."

Energy tech startup names new CEO

Tachyus has a new head honcho. Photo via tachyus.com

Data-focused energy software startup Tachyus has announced the promotion of Fernando Gutierrez to CEO — formerly vice president of customer success.

"We are in a unique time within the upstream oil and gas space, and I truly believe Tachyus has the ability to pioneer the acceleration of the digital transformation within the industry," says Gutierrez, in a news release. "We are at the intersection of innovation and conventionalism, and I'm excited to lead the organization in a movement that continues to establish our technical solutions with our unique product signature."

Tachyus was founded in 2013 in Silicon Valley and recently relocated to Houston. The fresh funds will go into growing its cloud-based, artificial intelligence-enabled platform. Last year, the company raised $15 million in a round led by Houston-based Cottonwood Venture Partners.

Former CEO and Co-Founder Paul Orland has assumed the role of chairman.

Female founder selected for new program backed by Houston organization

Kim Roxie, founder of LAMIK Beauty, is among the 15 recipients of a new initiative. Photo via stacysrise.helloalice.com

Plano, Texas-based Stacy's Rise Project expanded its annual grant and mentorship program in order to give more aid to Black female business founders, who on average only receive 0.2 percent of venture capitalist funding, according to a press release. The organization teamed up with its longtime partner, Houston-founded Hello Alice, to back an additional 15 Black female founders with a total of $150,000.

Among the 15 recipients was Houston's own Kim Roxie of LAMIK Beauty. LAMIK Beauty is a beauty-tech company designed for multicultural women with products made with natural and organic ingredients.

From enlightening talks to networking opportunities, here's where you need to be in July. Getty Images

10+ can't-miss Houston business and innovation events for July

Where to be

If you were hoping that business events would slow down for the summer, keep hoping. While you're probably getting plenty of OOO emails during your daily communications, there's no shortage of face-to-face opportunities within Houston business and innovation.

If you know of innovation-focused events for this month or next, email me at natalie@innovationmap.com with the details andsubscribe to our daily newsletterthat sends fresh stories straight to your inboxes every morning.

July 3 — Is Venture Capital Right for My Business?

Venture Capital is a path that every startup has to evaluate. In this panel-led event the intent is to form a foundation for answering the question: "Is VC right for me?"

Details: The event is from noon to 1:30 pm on Wednesday, July 3 at Station Houston (1301 Fannin Street, #2440). Learn more.

July 10 — Smart Cities: How Smart is Houston?

The Center for Houston's Future presents this event with support from graduates of its Leadership Forum program and in partnership with Station Houston, City of Houston's Innovation Office, and Houston Exponential.

The City of Houston is using data and emerging technology to improve the quality of life for citizens, share information with the public, drive economic growth and build a more inclusive society. Two key Smart City initiatives will be discussed at the event, one focused on transportation and one focused on resiliency and sustainability.

Details: The event is from 7:30 to 9:30 am on Wednesday, July 10, at Station Houston(1301 Fannin Street, #2440). Learn more.

July 10 — Social Advertising 101: Training by The Black Sheep Agency

Learn the basics of Facebook and Instagram advertising as Black Sheep professionals walk through the best type of #ad for your campaign! The team will also talk you through formulating a budget, targeting your audience, optimizing your efforts, and other creative options to execute your social advertising needs.

Details: The event is from 5:30 to 7:30 pm on Wednesday, July 10, at Impact Hub Houston #PopHUB @HX (410 Pierce Street). Learn more.

July 11 — Startup Pains: What I Wish I Knew

This monthly series hosted by the University of Houston lets you learn from someone else's mistakes and successes. This month's speaker is Carlos Genty, CEO & CTO of Critical X Solutions.

Details: The event is from 4 to 5 pm on Thursday, July 11, at the UH Technology Bridge (Innovation Center, building 4, floor 2, 5000 Gulf Fwy). Learn more.

July 13 — Enventure Basecamp - Business Building Workshop

Basecamp is an inclusive environment for those who are interested in adapting their life science experiences to real business applications. All are welcome, and the event is free.

Details: The event is from 9 am to noon on Saturday, July 13, at the TMC Innovation Institute (2450 Holcombe Blvd). Learn more.

July 15 — Enventure Innovation Stories: Dan Harrington, PhD (Polyvascular)

Enventure welcomes Daniel Harrington, PhD for its Innovation Stories speaker series. Dr. Harrington is a co-founder and the chief scientific officer of Polyvascular, and an assistant professor at UTHealth.

Details: The event is from 6 to 8:30 pm on Monday, July 15, at the CUBIO Innovation Center(7707 Fannin St.). Learn more.

July 16 — Is My Idea Lucrative? A Small Business Success Series Workshop

Figure out if whether your business idea is crazy — or perhaps just crazy enough to work. Featured presenters include Ned Mueller, entrepreneur in residence at HCC Center for Entrepreneurship - Southeast, and Austin Tenette is a certified business coach with the Focal Point Coaching organization.

Details: The event is from 8:30 am to 4:30 pm on Tuesday, July 16, at the HCC Alief Hayes (2811 Hayes Road). Learn more.

July 16 — GCxN Clean Tech Start-up Pitch Competition

The Shell GameChanger AcceleratorTM Powered by NREL, GCxN, is a collaboration between Shell and the National Renewable Energy Lab to identify and advance the next generation of transformative energy technologies. GCxN addresses market gaps by providing clean tech startups with technical and business development support to move their technologies from early stage prototypes to commercially viable energy solutions.

Details: The event is from 3 to 8 pm on Tuesday, July 16, at Station Houston (1301 Fannin St., suite 2440). Learn more.

July 16 — Workshop: Mastering the Brain Dump to Reduce Business Frustrations

Christina Wright, founder of WrightNow Results, will guide you through her method to help you get clear on — and develop a plan for — your biggest challenges surrounding business and managing "it all."

Details: The event is from 5:30 to 7:30 pm on Tuesday, July 18, at Impact Hub Houston #PopHUB @HX (410 Pierce Street). Learn more.

July 17 — Fuckup Nights Houston

Failure is a part of any success story, but we don't talk about it enough. We've all been to plenty of events where people tell you how they hacked, hustled, and created their success, but very few where someone gets up and says "I totally messed up, and this is what you can learn from it."

Details: The event is from 6 to 8 pm on Wednesday, July 17, at TBA. Learn more.

July 18 — Chancellor’s Technology Bridging Fund 2019 Launch Event

In an effort to support the University of Houston's mission of building a thriving culture around innovation and entrepreneurship amongst its faculty, staff and students, Chancellor Renu Khator has allocated $2 million into launching the Chancellor's Technology Bridging Fund (CTBF). This five-year proof-of-concept program is aimed to help our faculty inventors move their technologies closer to commercialization. Goals for the CTBF include prototyping, creating industry partnerships, and preparing for further funding.


Details: The event is from 5 to 7 pm on Thursday, July 18, at the UH Innovation Center(UH Technology Bridge, Building 4, Floor 2, 5000 Gulf Fwy). Learn more.

July 18 — TMCx alpha Opening Event

TMC alpha provides a pathway for any innovator affiliated with a TMC member institution to find support for the development and commercialization of their idea or product. The program will run every third Thursday (apart from where this conflicts with another function/holiday/etc.) from noon to 5 PM. Lunch and parking validation will be available.

Details: The event is from noon to 5 pm on Thursday, July 18, at the TMC Innovation Institute (2450 Holcombe Blvd. Suite, X, TMCx17 Board room). Learn more.

July 22 — TMC Biodesign Info Session

Do you want to start your own healthcare company? The TMC Biodesign Fellowship is a one-year paid innovation program that unites the talents of innovators and entrepreneurs with diverse backgrounds to quickly bring breakthrough healthcare products to market.

Details: The event is from 5 to 7 pm on Monday, July 22, at the TMC Innovation Institute (2450 Holcombe Blvd). Learn more.

July 25 — Managing Your Sales Function

Startups with a direct sales model have to evolve from founders doing all the sales to managing a sales function. Since revenue generation is on the line, the stakes are high and the punishment for mistakes are even higher. This supplement to the quarterly Founders Academy boot camp focuses on establishing and effectively managing the sales function for an early stage company.

    Details: The event is from 2 to 4 pm on Thursday, July 25, at The Cannon (1334 Brittmoore Road). Learn more.

    July 30 — Open Project Night with Impact Hub Houston and Sketch City

    Connect and collaborate with real, passionate people who are working on projects, ventures, and collaborations to improve to the city of Houston. If you have an idea, are working on something, or are looking for ways to collaborate with people who are doing work at the intersection of innovation and impact this event is for you.

    Details: The event is from 6 to 8 pm on Tuesday, July 30, at The Black Sheep Agency (611 West 22nd Street). Learn more.

    Life Time Work opening its first Houston location is among this roundup of Houston innovation news. Courtesy of Life Time Work

    Hypergiant receives funding from Japan, UH honored for entrepreneur program, coworking space opens, and more Houston innovation news

    Short stories

    In the Houston innovation news cycle, it's hard to keep up. Three higher education institutions are celebrating big wins within innovation and entrepreneurialism, a new coworking space joins the scene, and a health tech competition launches out of the Texas Medical Center.

    Here are all the short stories within Houston innovation that you may have missed.

    Texas AI company makes international partnership

    Photo via hypergiant.com

    Hypergiant Industries, a Texas industrial AI company with a presence in Houston, announced that it has received funding from and has entered into a partnership with Japan-basedSumitomo Corporation of Americas. The relationship will allow the company to enable and accelerate Hypergiant's AI-driven innovation initiatives across over 900 Sumitomo subsidiaries and associated companies.

    "We're proud to be backed by a global leader like SCOA," says Ben Lamm, CEO and co-founder of Hypergiant, in a release. "SCOA is a company that has advanced so many industries with critical technological breakthroughs decade after decade. This relationship will ensure that both SCOA and Hypergiant remain ahead of the competition in AI for years to come."

    The funding amount wasn't disclosed.

    Bauer College of Business gets top marks

    Photo via bauerticker.uh.edu

    The Deshpande Foundation has selected The University of Houston for its 2019 Entrepreneurial University Award, recognizing the Cyvia and Melvyn Wolff Center for Entrepreneurship at the C.T. Bauer College of Business.

    "Over the past decade, the Wolff Center's reputation as one of the nation's leading entrepreneurship programs has grown tremendously, and this award from the Deshpande Foundation reinforces that Bauer College is empowering students to innovate through a world-class program that emphasizes experiential learning and personalized attention by dedicated mentors," says Paul A. Pavlou, incoming dean of the Bauer College, in a release.

    The award was announced by the Massachusetts-based organization at the Deshpande Symposium for Innovation and Entrepreneurship in Higher Education at the University of Massachusetts Lowell on June 11.

    Life Time Work opens its doors

    Courtesy of Life Time Work

    Life Time Work's first Houston-area location has opened its doors in City Centre Five at 825 Town & Country Lane. The next location has already been announced to open in downtown Houston next year.

    "Life Time Work is a natural extension of the lifestyle brand we have built in our athletic resorts over the past 27 years," says Life Time Work president, James O'Reilly, in a release. "With Houston's continued growth and diversified business and entrepreneurial community, City Centre is the perfect location for us to unveil this concept. We look forward to helping our members in their pursuit of a fulfilling and healthy work life."

    The 25,000-square-foot space features 79 desks, 48 offices, lounge spaces, eight phone booths, two phone rooms, five conference rooms, and more features.

    JLABS @ TMC opens contest for health care startups

    Photo via jlabs.jnjinnovation.com

    Johnson & Johnson Innovation, the Texas Medical Center, and AngelMD have teamed up to launch the Breakthrough Medical Technologies QuickFire Challenge, which is looking for game-changing medical device ideas from all over the world for a chance to win prizes.

    The winner — or winners — will "receive up to $250,000 in convertible notes funding from TMC, entry to the TMCx accelerator program, one year of residency at JLABS @ TMC in Houston, Texas, and access to the Johnson & Johnson, Innovation - JLABS global ecosystem," according to the website. Also on the line — an additional convertible note investment up to $100,000 from AngelMD's Catalyst Fund.

    The competition is looking for innovations within a wide range of health technologies, from oncology to 3D printing.

    Houston hospital ranks No. 1 in the state for being one of America's Best Employers

    Courtesy of Methodist Hospital/Facebook

    Forbes partnered with market research company Statista to identify the best employers in each state. In Texas, Houston was represented at the top. Houston Methodist ranked as the number one company on the Texas list.

    Royal Dutch Shell, which ranks at No. 11, is the next Houston-headquartered company on the list, followed by The University of Texas Health Science Center at Houston (No. 19), Katy Independent School District (No. 22), and Texas Children's Hospital (No. 23.)

    HCC recognized for innovation of the year

    Photo courtesy of HCC

    Houston Community College received the Innovation of the Year Award from the League for Innovation in the Community College. HCC won for its Zero Textbook Degree initiative, which launched in 2017 and has grown from 28 to 98 sections across five HCC campuses.

    "The Z-Degree program is managed by an entire group of hardworking and forward-thinking HCC faculty who are all deserving of the accolades currently bestowed on them," says Chancellor Cesar Maldonado in a news release.

    Textbook prices have increased 88 percent since 2006, according to the Bureau of Labor Statistics, and, according to the release, textbooks could end up costing some HCC students more than their tuition.

    Rice University hosts inaugural program for future entrepreneurs

    Photo courtesy of Lilie



    Rice's Liu Idea Lab for Innovation and Entrepreneurship got a jump on molding its young minds. Lilie hosted 44 incoming freshmen as a part of its inaugural Lilie Change Maker Summit. For four days, the to-be students had the opportunity to get get a taste of the program and entrepreneurialism through workshops, guest speakers, and more.

    The summit was led by Jamie Jones, executive director of Lilie, and Hesam Panahi, lecturer in entrepreneurship at Rice's Jones Graduate School of Business and a faculty member at Lilie.

    "We truly believe this will be a game changer in the Rice entrepreneurial ecosystem," says Caitlin Bolanos, associate director at Lilie, in an email to InnovationMap. "We were able to connect with these students and build loyalty before they even officially started in the fall, and the students are so pumped to have found each other and to continue working on their ideas while at Rice."

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    18 Houstonians land on Forbes world's billionaires list for 2025

    World's Richest

    The world’s richest people are wealthier now than they've ever been, and more billionaires have made it onto the 2025 World's Billionaires List than ever before, according to Forbes. This year, 18 Houston-based billionaires are among the richest people in the world, with hospitality honcho Tilman Fertitta leading as the richest Houstonian.

    Fertitta, 67, ranked No. 220 overall with an estimated net worth of $11.3 billion, which steadily increased from his 2024 net worth of $9.4 billion.

    In addition to owning the Houston Rockets, the busy billionaire owns Texas-based hospitality and entertainment corporation Landry's, and he authored a book about business leadership in 2019. He most recently was nominated as the new United States ambassador to Italy by President Donald Trump.

    Ranking 248th overall is oil and gas chairmanRichard Kinder. Forbes estimates his net worth at $10.6 billion, up from $8.1 billion in 2024.

    Kinder cofounded pipeline giant Kinder Morgan in 1997, and stepped down as CEO in 2015, though he still retains his seat as chairman of the board. The company is the largest energy infrastructure firm in the U.S., Forbes says, and it owns 79,000 miles of pipeline.

    New to the 2025 list is Perry Homes executive chair Kathy Britton, whose company has built over 65,000 homes across the U.S., according to Forbes. Her late father, Bob Perry, founded Perry Homes in 1967. Britton ranked No. 1408 with an estimated net worth of $2.6 billion.

    Mercedes-Benz mega-dealer Joe Agresti is another newbie to the list, ranking No. 2790 with a net worth of $1.1 billion. He owns Dream Motor Group with former football coach Nick Saban.

    14 additional Houston-area billionaires that made Forbes 2025 world’s richest list are:

    • Houston pipeline heir Randa Duncan Williams: ranked No. 307 with an estimated net worth of $9.3 billion, up from $7.7 billion in 2024. Fellow pipeline heirs Dannine Avara and Milane Frantz tie for 311th nationally. Each has an estimated net worth of $9.2 billion, up from $7.6 billion. Scott Duncan ranks No. 329 with a $9 billion estimated net worth, up from $7.6 billion in 2024.
    • Houston oil tycoon Jeffery Hildebrand: ties for No. 411; $7.7 billion, down from $12.6 billion
    • Toyota mega-dealer Dan Friedkin: ties for No. 411; $7.7 billion, up from $6.4 billion
    • Houston Texans owner Janice McNair and family: No. 561, $6.2 billion, up from $5.6 billion
    • Energy exploration chief exec George Bishop: No. 717, $5 billion, up from $3.2 billion (based in The Woodlands)
    • Westlake Corporation co-owners Albert Chao, James Chao and their families:tied for No. 902, $4 billion, down from $4.9 billion
    • Hedge fund honcho John Arnold: No. 1266, $2.9 billion, down from $3.3 billion
    • Houston Astros owner Jim Crane: No. 1513, $2.4 billion, unchanged from 2024
    • Former Houston Rockets owner Leslie Alexander: tied for No. 1850, $1.9 billion, unchanged from 2024
    • Frontier Airlines chairman William Franke: No. 2623, $1.2 billion, down from $1.3 billion

    Elsewhere in Texas, Austin-based billionaire Elon Musk topped Forbes' list as the world's richest person in 2025. The Tesla and SpaceX founder knocked French luxury goods magnate Bernard Arnault down to second place this year.

    Forbes declared Musk the first person to reach the $300 billion status. His current net worth stands at $342 billion, which is a staggering $147 billion more than his 2024 net worth.

    "It’s another record-breaking year for the world’s richest people, despite financial uncertainty for many and geopolitical tensions on the rise," said Forbes senior editor of wealth Chase Peterson-Withorn. "And, from Elon Musk to Howard Lutnick and the other billionaires taking over the U.S. government, they’re growing more and more powerful."

    In Dallas-Fort Worth, Walmart heiress Alice Walton became the wealthiest woman in the world in 2025. Forbes declared Walton's net worth at $101 billion, which is $28.7 billion more than her 2024 net worth of $72.3 billion. She is now one of 15 individuals to claim 12-figure fortunes, also known as the "$100 Billion Club."

    State-of-the-art innovation hub opens in Houston Energy Corridor

    flagship facility

    French multinational company Schneider Electric has opened a new 10,500-square-foot, state-of-the-art Energy Innovation Center in Houston.

    The new facility is located in Houston’s Energy Corridor and is designed to “foster increased collaboration and technological advancements across the entire value chain,” according to a news release from the company. The new Houston location joins Schneider's existing innovation hubs in Paris, Singapore and Bangalore.

    The venue will serve as a training center for process control engineers, production superintendents, manufacturing managers, technical leads and plant operations personnel. It can simulate various real-world scenarios in refineries, combined-cycle power plants, ethylene plants, recovery boilers and chemical reactors.

    It includes an interactive control room and artificial Intelligence applications that “highlight the future of industrial automation,” according to the release.

    "Digitalization is significantly enhancing the global competitiveness of the U.S. through continuous innovation and increased investment into next-generation technology," Aamir Paul, Schneider Electric's President of North America Operations, said in the release.

    Texas has over 4,100 Schneider Electric employees, the most among U.S. states, and has facilities in El Paso, the Dallas-Fort Worth metroplex and other areas.

    "This flagship facility in the Energy Capital of the World underscores our commitment to driving the future of software-defined automation for our customers in Houston and beyond,” Paul added in the release. “With this announcement, we are excited to continue supporting the nation's ambitions around competitive, efficient and cost-effective manufacturing."

    Schneider Electric says the new Houston facility is part of its expansion plans in the U.S. The company plans to invest over $700 million in its U.S. operations through 2027, which also includes an expansion at its El Paso campus.

    The company also announced plans to invest in solar and battery storage systems developed, built, and operated by Houston-based ENGIE North America last year. Read more here.

    ---

    This story first appeared on our sister site, EnergyCapitalHTX.com.

    9 can't-miss Houston business and innovation events for April

    where to be

    Two new conferences will launch while another longtime business competition celebrates its 25th anniversary this month in Houston. Plus, there are networking opportunities, family tech events and more.

    Here are the Houston business and innovation events you can't miss in April and how to register. Please note: this article might be updated to add more events.

    ​Ion Block Party: Art Crawl

    Network and socialize with other tech enthusiasts and business-minded individuals while taking in the new gallery at Community Artists’ Collective and experiencing the immersive dome at Omnispace360. See work by Joel Zika, who will showcase his digital sculptures through augmented reality screens, and other public art around the Ion while also enjoying food and drink.

    This event is Thursday, April 3, from 4-7 p.m. at the Ion. Click here to register.

    ​CLA Presents: Raising Capital over Happy Hour

    Gain a better understanding of the capital-raising process and various funding opportunities at this educational happy hour. Keith Davidson, the market leader for CLA in Dallas and former CFO of ICS, will present.

    This event is Thursday, April 10, from 4-6 p.m. at The Cannon. Click here to register.

    Rice Business Plan Competition 

    The Rice Alliance for Technology and Entrepreneurship will host the 25th annual Rice Business Plan Competition this month. Forty-two student-led teams from around the world, including one team from Rice, will present their plans before more than 300 angel, venture capital, and corporate investors to compete for more than $1 million in prizes.

    This event is April 10-12. Stream the Elevator Pitch Competition and Final Round here.

    RSVF Annual Conference

    The Rice Student Venture Fund will host its first-ever Annual Conference to celebrate the university's entrepreneurial spirit and the rising generation of student-led innovation. The conference will include live startup demos, an RSVF fund update, a keynote fireside chat, a builder-investor panel and networking. RSVF welcomes students, alumni, investors, faculty and staff, and innovators and community members of the broader tech scene.

    This event is Monday, April 14, from 4-8 p.m. at the Ion. Click here to register.

    ​TEX-E Conference

    TEX-E will host its inaugural conference this month under the theme "Energy & Entrepreneurship: Navigating the Future of Climate Tech." The half-day conference will feature a keynote from Artemis Energy Partners CEO Bobby Tudor as well as panels with other energy and tech leaders from NRG, Microsoft, GE Vernova and TEB Tech.

    This event is Tuesday, April 15, from 1-4:30 p.m. at the Ion. Click here to register.

    Houston Methodist Leadership Speaker Series 

    Hear from Dr. Jonathan Rogg, Chief Quality Officer and Vice President of Operations at Houston Methodist Hospital and a a practicing emergency medicine physician, at the latest Houston Methodist Leadership Speaker Series. Rogg will present "Leadership from the Bedside to the Boardroom."

    This event is on Wednesday, April 23, from 4:45-6 p.m. at the Ion. Click here to register.

    Ion Family STEAM Day– Let's Build a Tripwire Alarm

    STEAM on Demand will host a hands-on, family-friendly engineering lesson for young ones on the Ion Forum Stairs. Kids will learn to create and test their own working alarm system. The event is geared toward those ages 7 to 14.

    This event is Sunday, April 26, from 10 a.m. to noon at the Ion. Click here to register.

     Greentown Houston Fourth Anniversary Transition On Tap

    Climatetech incubator Greentown Labs will celebrate its fourth anniversary with a special edition of its signature networking event, Transition On Tap. Entrepreneurs, investors, students, and friends of climatetech are invited to attend.

    This event is Tuesday, April 29, from 5:30-7:30 p.m. at Greentown Labs. Click here to register.

    Integrate Space Technology Into Your Small Biz

    The SBA Houston District Office and the UH Technology Bridge will host a collaborative event designed to help small businesses leverage space technology for prototype development. Attendees will also hear from industry experts on resources and gain access free technical engineering assistance to help accelerate their businesses.

    This event is Wednesday, April 30, from 9:30-11:30 a.m. at UH Technology Bridge Innovation Center. Click here to reserve your spot.

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