Here's your one-stop shop for innovation events in Houston this month. Photo via Getty Images

Houstonians have the chance to start off the new year with a bang. In this batch of in-person and online innovation events, you can check out five Houston innovation and entrepreneurship events you and your tech network need to know about.

Here's a roundup of events not to miss this month — and this article will be updated as more business and tech events are announced.

January 5 — Business Planning with SCORE

A business plan is an important planning tool for raising startup capital and helping you monitor progress of your business venture. It is a “living” document that should be updated often. The webinar will help you prepare a realistic plan in a very easy way that focuses on answering audience questions rather than fitting into a prescribed format. No business should be started or maintained without a plan. The method presented in the webinar is different from following a traditional template approach which can be sometimes overwhelming and disjointed.

The event is on Wednesday, January 5, at 10 am It's free and happening online. Click here to register.

January 14 —  Innovation, Science Education, and the Enhancement of Americans' Quality of Life

Rice University’s Baker Institute for Public Policy will host a breakfast reception and presentation – Innovation, Science Education, and the Enhancement of Americans' Quality of Life – which will examine the ways in which innovation, science and technology are used in tandem to solve the challenges society faces on both a national and global scale.

The Honorable Sethuraman Panchanathan, Director of the United States National Science Foundation and a distinguished leader in computer science, engineering and entrepreneurship, is the featured speaker.

The event is on Friday, January 14, at 7:30 am It's free and happening at James A. Baker III Hall, Rice University (6100 Main St.) Click here to register.

January 20 — Ignite Network’s Annual Fire Pitch

Ignite Healthcare Network’s Annual Fire Pitch Competition is returning as an in-person event January 20 at TMC Innovation. The unique accelerator connects female entrepreneurs leading healthcare start-ups with potential customers and investors who advise them on the strengths and weaknesses of their companies. The opportunity for direct feedback from industry experts provides competing health and med-tech companies with long-term benefits in addition to awarded cash prizes. The 2021 eight finalists, selected from a total of 125 applications, will present on January 20th at TMC Innovation. The event is open to the public and tickets are available through the Ignite website.

The event is on Thursday, January 20, at 5 pm. It's free and happening at TMC Innovation (2450 Holcombe Blvd.). Click here to register.

January 24-28 — ShiftEd: Career Camp to Relaunch Your Career

Join General Assembly for a weeklong camp to gain the skills and knowledge that will enable you to fulfill your mission without burning out. The first step to doing work that matters is identifying what ignites passion, purpose, and satisfaction in your career and in you. If you don’t have answers right away, you’re not alone. We often don’t have the time, tools, or guidance to find a clear answer. Finding work that really matters requires — well — work.

The event is on January 24-January 28. It's free and happening online. Click here to register.

(POSTPONED) January 27 — Rice Alliance's 19th Annual Energy Tech Venture Forum 

This event has been postponed to Sept. 15. The original event listing is below.

This event is an opportunity to learn about the latest emerging technologies, meet investors to seek funding, see promising companies, learn about investment opportunities, meet individuals from the energy industry, as well networking and learning opportunities for entrepreneurs, researchers, investment professional and business executives.

The event is jam-packed with quality companies and conversations and is the go-to event of the year to connect with and see where energy is headed. The conference will include industry speakers, investors, and promising startups from throughout the U.S. and beyond.

The event is on Thursday, January 27. It's happening at Jones School of Business, McNair Hall ( Rice University, 6100 Main St.). Click here to register.

January 28 — Greater Houston Partnership's Partnership Week Begins

Annual Meeting kicks off the second annual Partnership Week, a multi-day opportunity to learn more about the Partnership’s work and how members can get involved in our efforts to make Houston even greater. Details on Partnership Week activities are coming soon.

GHP's Partnership Week begins on Friday, January 28. Click here to learn more.

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Baylor center receives $10M NIH grant to continue rare disease research

NIH funding

Baylor College of Medicine’s Center for Precision Medicine Models received a $10 million, five-year grant from the National Institutes of Health last month that will allow it to continue its work studying rare genetic diseases.

The Center for Precision Medicine Models creates customized cell, fly and mouse models that mimic specific genetic variations found in patients, helping scientists to better understand how genetic changes cause disease and explore potential treatments.

The center was originally funded by an NIH grant, and its models have contributed to the discovery of several new rare disease genes and new symptoms caused by known disease genes. It hosts an online portal that allows physicians, families and advocacy groups to nominate genetic variants or rare diseases that need further investigation or new treatments.

Since its founding in 2020, it has received 156 disease/variant nominations, accepted 63 for modeling and produced more than 200 precision models, according to Baylor.

The center plans to use the latest round of funding to bring together more experts in rare disease research, animal modeling and bioinformatics, and to expand its focus and model more complex diseases.

Dr. Jason Heaney, associate professor in the Department of Molecular and Human Genetics at BCM, serves as the lead principal investigator of the center.

“The Department of Molecular and Human Genetics is uniquely equipped to bring together the diverse expertise needed to connect clinical human genetics, animal research and advanced bioinformatics tools,” Heaney added in the release. “This integration allows us to drive personalized medicine forward using precision animal models and to turn those discoveries into better care for patients.”

Houston institutions launch Project Metis to position region as global leader in brain health

brain trust

Leaders in Houston's health care and innovation sectors have joined the Center for Houston’s Future to launch an initiative that aims to make the Greater Houston Area "the global leader of brain health."

The multi-year Project Metis, named after the Greek goddess of wisdom and deep thought, will be led by the newly formed Rice Brain Institute, The University of Texas Medical Branch's Moody Brain Health Institute and Memorial Hermann’s comprehensive neurology care department. The initiative comes on the heels of Texas voters overwhelmingly approving a ballot measure to launch the $3 billion, state-funded Dementia Prevention and Research Institute of Texas (DPRIT).

According to organizers, initial plans for Project Metis include:

  • Creating working teams focused on brain health across all life stages, science and medical advances, and innovation and commercialization
  • Developing a regional Brain Health Index to track progress and equity
  • Implanting pilot projects in areas such as clinical care, education and workplace wellness
  • Sharing Houston’s progress and learnings at major international forums, including Davos and the UN General Assembly

The initiative will be chaired by:

  • Founding Chair: Dr. Jochen Reiser, President of UTMB and CEO of the UTMB Health System
  • Project Chair: Amy Dittmar, Howard R. Hughes Provost and Executive Vice President of Rice University
  • Project Chair: Dr. David L. Callender, President and CEO of Memorial Hermann Health System

The leaders will work with David Gow, Center for Houston’s Future president and CEO. Gow is the founder and chairman of Gow Media, InnovationMap's parent company.

“Now is exactly the right time for Project Metis and the Houston-Galveston Region is exactly the right place,” Gow said in a news release. “Texas voters, by approving the state-funded Dementia Prevention Institute, have shown a strong commitment to brain health, as scientific advances continue daily. The initiative aims to harness the Houston’s regions unique strengths: its concentration of leading medical and academic institutions, a vibrant innovation ecosystem, and a history of entrepreneurial leadership in health and life sciences.”

Lime Rock Resources, BP and The University of Texas MD Anderson Cancer Center served as early steering members for Project Metis. HKS, Houston Methodist and the American Psychiatric Association Foundation have also supported the project.

An estimated 460,000 Texans are living with dementia, according to the Alzheimer’s Association, and more than one million caregivers support them.

“Through our work, we see both the immense human toll of brain-related illness and the tremendous potential of early intervention, coordinated care and long-term prevention," Callender added in the release. "That’s why this bold new initiative matters so much."

Texas launches cryptocurrency reserve with $5 million Bitcoin purchase

Money Talks

Texas has launched its new cryptocurrency reserve with a $5 million purchase of Bitcoin as the state continues to embrace the volatile and controversial digital currency.

The Texas Comptroller’s Office confirmed the purchase was made last month as a “placeholder investment” while the office works to contract with a cryptocurrency bank to manage its portfolio.

The purchase is one of the first of its kind by a state government, made during a year where the price of Bitcoin has exploded amid the embrace of the digital currency by President Donald Trump’s administration and the rapid expansion of crypto mines in Texas.

“The Texas Legislature passed a bold mandate to create the nation’s first Strategic Bitcoin Reserve,” acting Comptroller Kelly Hancock wrote in a statement. “Our goal for implementation is simple: build a secure reserve that strengthens the state’s balance sheet. Texas is leading the way once again, and we’re proud to do it.”

The purchase represents half of the $10 million the Legislature appropriated for the strategic reserve during this year’s legislative session, but just a sliver of the state’s $338 billion budget.

However, the purchase is still significant, making Texas the first state to fund a strategic cryptocurrency reserve. Arizona and New Hampshire have also passed laws to create similar strategic funds but have not yet purchased cryptocurrency.

Wisconsin and Michigan made pension fund investments in cryptocurrency last year.

The Comptroller’s office purchased the Bitcoin the morning of Nov. 20 when the price of a single bitcoin was $91,336, according to the Comptroller’s office. As of Friday afternoon, Bitcoin was worth slightly less than the price Texas paid, trading for $89,406.

University of Houston energy economist Ed Hirs questioned the state’s investment, pointing to Bitcoin’s volatility. That makes it a bad investment of taxpayer dollars when compared to more common investments in the stock and bond markets, he said.

“The ordinary mix [in investing] is one that goes away from volatility,” Hirs said. “The goal is to not lose to the market. Once the public decides this really has no intrinsic value, then it will be over, and taxpayers will be left holding the bag.”

The price of Bitcoin is down significantly from an all-time high of $126,080 in early October.

Lee Bratcher, president of the Texas Blockchain Council, argued the state is making a good investment because the price of Bitcoin has trended upward ever since it first launched in early 2009.

“It’s only a 16-year-old asset, so the volatility, both in the up and down direction, will smooth out over time,” Bratcher said. “We still want it to retain some of those volatility characteristics because that’s how we could see those upward moves that will benefit the state’s finances in the future.”

Bratcher said the timing of the state’s investment was shrewd because he believes it is unlikely to be valued this low again.

The investment comes at a time that the crypto industry has found a home in Texas.

Rural counties have become magnets for crypto mines ever since China banned crypto mining in 2021 and Gov. Greg Abbott declared “Texas is open for crypto business” in a post on social media.

The state is home to at least 27 Bitcoin facilities, according to the Texas Blockchain Council, making it the world’s top crypto mining spot. The two largest crypto mining facilities in the world call Texas home.

The industry has also come under criticism as it expands.

Critics point to the industry’s significant energy usage, with crypto mines in the state consuming 2,717 megawatts of power in 2023, according to the comptroller’s office. That is enough electricity to power roughly 680,000 homes.

Crypto mines use large amounts of electricity to run computers that run constantly to produce cryptocurrencies, which are decentralized digital currencies used as alternatives to government-backed traditional currencies.

A 2023 study by energy research and consulting firm Wood Mackenzie commissioned by The New York Times found that Texans’ electric bills had risen nearly 5%, or $1.8 billion per year, due to the increase in demand on the state power grid created by crypto mines.

Residents living near crypto mines have also complained that the amount of job creation promised by the facilities has not materialized and the noise of their operation is a nuisance.

“Texas should be reinvesting Texan’s tax money in things that truly bolster the economy long term, living wage, access to quality healthcare, world class public schools,” said state Sen. Molly Cook, D-Houston, who voted against the creation of the strategic fund. “Instead it feels like they’re almost gambling our money on something that is known to be really volatile and has not shown to be a tide that raises all boats.”

State Sen. Charles Schwertner, R-Georgetown, who authored the bill that created the fund, said at the time it passed that it will allow Texas to “lead and compete in the digital economy.”

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This story was originally published by The Texas Tribune and distributed through a partnership with The Associated Press.