BBVA, which recently went through a rebranding process, selected two Houston startups for its accelerator program. Photo via bbva.com

Two socially minded entrepreneurs in Houston are getting a big boost from a bank-sponsored accelerator program.

The pair of entrepreneurs — leaders of socially focused ventures Eight Million Stories and Small Places LLC — are among 19 social entrepreneurs from across the U.S. chosen to join the BBVA Momentum accelerator program.

This year, BBVA Momentum features five months of online and in-person education lasting from June to November. Headspring Executive Development by Financial Times runs the online component, while the University of Texas at Austin's McCombs School of Business manages the in-person training. Each social entrepreneur is paired with a mentor from banking giant BBVA to provide one-on-one support throughout the program.

At the end of the program, BBVA awards prizes to ventures that have been identified as being highly sustainable and creating the most social impact. Last year's top venture took home $75,000 in equity funding.

Eight Million Stories

One of the two Houston-based startups that was selected for the program is Eight Million Stories, which was founded by Marvin Pierre. The organization helps formerly incarcerated youth (16 to 18 years old) through a free, voluntary four-month program designed to help them:

  • Build strong relationships in their communities.
  • Gain access to an array of social services.
  • Develop life and job skills.
  • Continue their education.
  • Secure meaningful employment.

Pierre says his program "seeks to upend the school-to-prison pipeline by supporting previously incarcerated young people in successfully transitioning back into their communities, and by curbing unnecessary referrals from schools to the juvenile justice system."

Pierre hopes to eventually roll out Eight Million Stories across the country.

"We believe that there are a lot of commonalities in terms of why kids end up in the juvenile justice system, whether it's broken homes or lack of support in the school system or other factors," Pierre says. "If you interview every kid in the system, you'll find there's a common thread. That's what we're trying to undo. If we attack those commonalities, then we can aggressively work to dismantle the school-to-prison pipeline."

Small Places

Finca Tres Robles/Instagram

Today, the main focus of Small Places, co-founded by Daniel Garcia-Prats, is Finca Tres Robles (Spanish for Three Oaks Farm), Houston's only private farm inside the 610 Loop. The farm grows fruits, vegetables, and herbs that are sold to consumers directly by the farm and at local farmers markets.

"Agriculture is fundamentally about people, not plants," Finca Tres Robles says on its website. "While food is central to the work we do, the farm has the capabilities to impact other important areas of health. As an organization, our focus is on developing farms and agricultural spaces that can provide critical health-related services to communities that are need of basic infrastructure to support health."

Among the farm's projects is the Pre-K Produce Program. Finca Tres Robles estimates that thanks to the program, anywhere from $250,000 to $1.25 million in healthcare costs will be saved over the lifetime of the preschoolers.

Small Places also helps run the community farm at the Harris Health System's Lyndon B. Johnson Hospital and operates Houston's 3 Oaks Farms, which focuses on production of the moringa tree, the source of a nutrient-packed superfood.

In a nutshell, Small Places offers:

  • Farm development, management, and consulting services.
  • Education.
  • Community outreach.
  • Job training.

Small Places says it concentrates on "placemaking and community health, helping community- and health-related nonprofits, municipalities that have food security/access issues and progressive commercial developers that want to establish a culture of health in their neighborhoods."

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Texas ranks among 10 best states to find a job, says new report

jobs report

If you’re hunting for a job in Texas amid a tough employment market, you stand a better chance of landing it here than you might in other states.

A new ranking by personal finance website WalletHub of the best states for jobs puts Texas at No. 7. The Lone Star State lands at No. 2 in the economic environment category and No. 18 in the job market category.

Massachusetts tops the list, and West Virginia appears at the bottom.

To determine the most attractive states for employment, WalletHub compared the 50 states across 34 key indicators of economic health and job market strength. Ranking factors included employment growth, median annual income, and average commute time.

“Living in one of the best states for jobs can provide stable conditions for the long term, helping you ride out the fluctuations that the economy will experience in the future,” WalletHub analyst Chip Lupo says.

In September, Gov. Greg Abbott announced Texas led the U.S. in job creation with the addition of 195,600 jobs over the past 12 months.

“Texas is America’s jobs leader,” Abbott says. “With the best business climate in the nation and a skilled and growing labor force, Texas is where businesses invest, jobs grow, and families thrive. Texas will continue to cut red tape and invest in businesses large and small to spur the economic growth of communities across our great state.”

While Abbott proclaims Texas is “America’s jobs leader,” the state’s level of job creation has recently slowed. In June, the Federal Reserve Bank of Dallas noted that the state’s year-to-date job growth rate had dipped to 1.8 percent, and that even slower job growth was expected in the second half of this year.

The August unemployment rate in Texas stood at 4.1 percent, according to the Texas Workforce Commission. Throughout 2025, the monthly rate in Texas has been either four percent or 4.1 percent.

By comparison, the U.S. unemployment rate in August was 4.3 percent, according to the U.S. Bureau of Labor Statistics. In 2025, the monthly rate for the U.S. has ranged from 4 percent to 4.3 percent.

Here’s a rundown of the August unemployment rates in Texas’ four biggest metro areas:

  • Austin — 3.9 percent
  • Dallas-Fort Worth — 4.4 percent
  • Houston — 5 percent
  • San Antonio — 4.4 percent

Unemployment rates have remained steady this year despite layoffs and hiring freezes driven by economic uncertainty. However, the number of U.S. workers who’ve been without a job for at least 27 weeks has risen by 385,000 this year, the Bureau of Labor Statistics reported in August. That month, long-term unemployed workers accounted for about one-fourth of all unemployed workers.

An August survey by the Federal Reserve Bank of New York showed a record-low 44.9 percent of Americans were confident about finding a job if they lost their current one.

TMC, Memorial Hermann launch partnership to spur new patient care technologies

medtech partnership

Texas Medical Center and Memorial Hermann Health System have launched a new collaboration for developing patient care technology.

Through the partnership, Memorial Hermann employees and physicians will now be able to participate in the TMC Center for Device Innovation (CDI), which will assist them in translating product innovation ideas into working prototypes. The first group of entrepreneurs will pitch their innovations in early 2026, according to a release from TMC.

“Memorial Hermann is excited to launch this new partnership with the TMC CDI,” Ini Ekiko Thomas, vice president of information technology at Memorial Hermann, said in the news release. “As we continue to grow (a) culture of innovation, we look forward to supporting our employees, affiliated physicians and providers in new ways.”

Mentors from Memorial Hermann, TMC Innovation and industry experts with specialties in medicine, regulatory strategy, reimbursement planning and investor readiness will assist with the program. The innovators will also gain access to support systems like product innovation and translation strategy, get dedicated engineering and machinist resources and personal workbench space at the CDI.

“The prototyping facilities and opportunities at TMC are world-class and globally recognized, attracting innovators from around the world to advance their technologies,” Tom Luby, chief innovation officer at TMC Innovation Factor, said in the release.

Memorial Hermann says the partnership will support its innovation hub’s “pilot and scale approach” and hopes that it will extend the hub’s impact in “supporting researchers, clinicians and staff in developing patentable, commercially viable products.”

“We are excited to expand our partnership with Memorial Hermann and open the doors of our Center for Device Innovation to their employees and physicians—already among the best in medical care,” Luby added in the release. “We look forward to seeing what they accomplish next, utilizing our labs and gaining insights from top leaders across our campus.”