Register for some of these informative online events happening throughout the month of January. Photo via Getty Images

It's a whole new year, but Houston is cranking out the same great business and innovation-focused events.

Here's a roundup of virtual events not to miss this month — from workshops and webinars to summits and pitch parties. Note: This post will be updated to add more events.

January 6 — The New Relief Package - Explained by SBA

With the passage of the Consolidated Appropriations Act 2021, a $2.3 trillion spending bill, a new round of stimulus funding will soon be available. Join the Houston Asian Chamber of Commerce for a discussion with Tim Jeffcoat, Director of the U.S. Small Business Administration in Houston as we navigate what this means for small businesses and how you can apply for Paycheck Protection Programs and Economic Injury Disaster Loans as well as other SBA loans.

The event is on Wednesday, January 6, at 10 am. It's free and can be accessed online. Click here to register.

January 13 — How to Change Careers: Oil and Gas

The way we work is changing. Some might feel a stronger push to make a change. If you are looking for a career transition, I invite you to explore innovative career paths in energy and Oil & Gas. How can you pursue a career change during uncertainty? By leaning into the changes happening in the world. We are at a crossroads and many things will now evolve - let's contribute our skills, passion and drive to participate in this evolution.

The General Assembly event is on Wednesday, January 13, at noon. It's free and can be accessed online. Click here to register.

January 13 — Saudi Aramco Energy Ventures - Investment Directions in the new Energy Landscape

As 2021 begins, the world has seen dramatic volatility in the entire energy landscape, with demand for hydrocarbons seeing precipitous drops, while renewable energy investment has increased, as many countries across the world prioritize meeting the COP21 agreement and other ESG concerns. Jim Sledzik is the Managing Director of the North America team of Saudi Aramco Energy Ventures will discuss current and ongoing investment directions and themes for SAEV. He'll give insight to aspiring entrepreneurs on what are investable propositions for SAEV across the entire energy landscape.

The event is on Wednesday, January 13, at 4 pm. It's free and can be accessed online. Click here to register.

January 14 — Plaza Tec: How We Made it Big

Learn from Latinx founders about their experiences accessing funding, using technology to grow/pivot, and hurdles they have overcome. This event is designed by The Ion to give you a set of tools and pathways to help you navigate your business and take advantage of technology to help you grow. Every business has failures. No business succeeds without some change of plan. Join us for a founders focus event on "How We Made It Big" to learn how to use resources available in the tech and innovation ecosystem to help your business grow.

The event is on Thursday, January 14, at noon. It's free and can be accessed online. Click here to register.

January 14 — Intro to Fundraising & Ask Me Anything: Defense Edition with Craig Cummings

Join Capital Factory virtually to hear an overview from experienced entrepreneurs, venture capitalists, and angel investors at Intro to Fundraising & Ask Me Anything: Defense Edition. Get a chance to introduce yourself and ask any questions on funding and other related topics.

The event is on Thursday, January 14, at 2 pm. It's free and can be accessed online. Click here to register.

January 16 — Enventure Basecamp - Business Building Workshop

Enventure's community-driven business building Basecamp series returns this October to support a local innovator with their healthcare venture. This event will be virtual. All experience levels are welcome, this is an excellent learning and networking opportunity.

The event is on Saturday, January 16, at 9 am. It's free and can be accessed online. Click here to register.

January 22 — The Village School's Innovation Day

The Village School's annual Innovation Day is a celebration of ideas and solutions created by students to tackle today's most pressing problems — such as designing solutions to live on Mars in zero gravity, composing and scoring music through computer software and high school entrepreneurs who are running their own businesses.

The event is on Friday, January 22, at 9 am. It's free and can be accessed online. Click here to register.

January 21 — Angel Investing 101 Series | Urban Capital Network

Join Urban Capital Network (UCN) and their special guest(s) who will talk about and share their experiences in early-stage investing. Target audience includes current and future investors interested in learning about early-stage angel investing and hearing first-hand experiences from talented and seasoned panelists, as well as entrepreneurs interested in learning more about the capital raising process and lifecycle.

The event is on Thursday, January 21, at 5:30 pm. It's free and can be accessed online. Click here to register.

January 27 — Houston Startup Showcase

The Houston Startup Showcase is a flagship event from The Ion, formerly known as Demo Day. This event will allow for developing companies to receive feedback from subject matter experts and showcase their successes thus far. The event is a year-long series of monthly pitch competitions, and results in a final winner to close the series in November. Companies are encouraged to apply online to pitch.

The event is on Wednesday, January 27, at 6 pm. It's free and can be accessed online. Click here to register.

January 28 — Building a More Inclusive Startup

Starting off with the first of a series of four DEI workshops, this interactive event, co-hosted by Greentown Labs and Aleria Research, will provide you actionable frameworks, tools, and resources to empower your team to build a more inclusive startup.

The event is on Thursday, January 28, at 11 am. It's free and can be accessed online. Click here to register.

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Texas plugs in among states at highest risk for summer power outages in 2025

hot, hot, hot

Warning: Houston could be in for an especially uncomfortable summer.

A new study from solar energy company Wolf River Electric puts Texas at No. 2 among the states most at risk for power outages this summer. Michigan tops the list.

Wolf River Electric analyzed the number of large-scale outages that left more than 5,000 utility customers, including homes, stores and schools, without summertime electricity from 2019 to 2023. During that period, Texas experienced 7,164 summertime power outages.

Despite Michigan being hit with more summertime outages, Texas led the list of states with the most hours of summertime power outages — an annual average of 35,440. That works out to 1,477 days. “This means power cuts in Texas tend to last longer, making summer especially tough for residents and businesses,” the study says.

The Electric Reliability Council of Texas (ERCOT), which operates the electric grid serving 90 percent of the state, predicts its system will set a monthly record for peak demand this August — 85,759 megawatts. That would exceed the current record of 85,508 megawatts, dating back to August 2023.

In 2025, natural gas will account for 37.7 percent of ERCOT’s summertime power-generating capacity, followed by wind (22.9 percent) and solar (19 percent), according to an ERCOT fact sheet.

This year, ERCOT expects four months to surpass peak demand of 80,000 megawatts:

  • June 2025 — 82,243 megawatts
  • July 2025 — 84,103 megawatts
  • August 2025 — 85,759 megawatts
  • September 2025 — 80,773 megawatts

One megawatt is enough power to serve about 250 residential customers amid peak demand, according to ERCOT. Using that figure, the projected peak of 85,759 megawatts in August would supply enough power to serve more than 21.4 million residential customers in Texas.

Data centers, artificial intelligence and population growth are driving up power demand in Texas, straining the ERCOT grid. In January, ERCOT laid out a nearly $33 billion plan to boost power transmission capabilities in its service area.

Houston ranks among top 5 cities for corporate HQ relocations in new report

h-town HQ

The Houston area already holds the title as the country’s third biggest metro hub for Fortune 500 headquarters, behind the New York City and Chicago areas. Now, Houston can tout another HQ accolade: It’s in a fourth-place tie with the Phoenix area for the most corporate headquarters relocations from 2018 to 2024.

During that period, the Houston and Phoenix areas each attracted 31 corporate headquarters, according to new research from commercial real estate services company CBRE. CBRE’s list encompasses public announcements from companies across various sizes and industries about relocating their corporate headquarters within the U.S.

Of the markets included in CBRE’s study, Dallas ranked first for corporate relocations (100) from 2018 to 2024. It’s followed by Austin (81), Nashville (35), Houston and Phoenix (31 each), and Denver (23).

According to CBRE, reasons cited by companies for moving their headquarters include:

  • Access to lower taxes
  • Availability of tax incentives
  • Proximity to key markets
  • Ability to support hybrid work

“Corporations now view headquarters locations as strategic assets, allowing for adaptability and faster reaction to market changes,” said CBRE.

Among the high-profile companies that moved their headquarters to the Houston area from 2018 to 2024 are:

  • Chevron
  • ExxonMobil
  • Hewlett-Packard Enterprise
  • Murphy Oil

Many companies that have shifted their headquarters to the Houston area, such as Chevron, are in the energy sector.

“Chevron’s decision to relocate its headquarters underscores the compelling advantages that position Houston as the prime destination for leading energy companies today and for the future,” Steve Kean, president and CEO of the Greater Houston Partnership, said in 2024. “With deep roots in our region, Chevron is a key player in establishing Houston as a global energy leader. This move will further enhance those efforts.”

According to CBRE, California (particularly the San Francisco Bay and Los Angeles areas) lost the most corporate HQs in 2024, with 17 companies announcing relocations—12 of them to Texas. Also last year, Texas gained nearly half of all state-to-state relocations.

In March, Site Selection magazine awarded Texas its 2024 Governor’s Cup, resulting in 13 consecutive wins for the state with the most corporate relocations and expansions.

In a news release promoting the latest Governor’s Cup victory, Gov. Greg Abbott hailed Texas as “the headquarters of headquarters.”

“Texas partners with the businesses that come to our great state to grow,” Abbott said. “When businesses succeed, Texas succeeds.”

CBRE explained that the trend of corporate HQ relocations reflects the desire of companies to seek new environments to support their goals and workforce needs.

“Ultimately, companies are seeking to establish themselves in locations with potential for long-term success and profitability,” CBRE said.

SpaceX test rocket explodes in Texas, but no injuries reported

SpaceX Update

A SpaceX rocket being tested in Texas exploded Wednesday night, sending a dramatic fireball high into the sky.

The company said the Starship “experienced a major anomaly” at about 11 pm while on the test stand preparing for the 10th flight test at Starbase, SpaceX’s launch site at the southern tip of Texas.

“A safety clear area around the site was maintained throughout the operation and all personnel are safe and accounted for,” SpaceX said in a statement on the social platform X.

CEO Elon Musk ’s SpaceX said there were no hazards to nearby communities. It asked people not to try to approach the site.

The company said it is working with local officials to respond to the explosion.

The explosion comes on the heels of an out-of-control Starship test flight in late May, which tumbled out of control. The FAA demanded an investigation into the accident.