Accenture and Aon have teamed up to promote the creation of apprenticeship programs across Houston. Photo via Getty Images

Much of the business world has operated under the belief that to enter the workforce, one must have a four-year degree. While this belief might be evolving naturally over recent years, two corporations have teamed up to move the needle even more and are launching a program that opens the hiring door much wider to promote a diversified workforce.

Last week, Accenture and Aon – with support from the Greater Houston Partnership — announced the launch of the Greater Houston Apprenticeship Network in Houston. The program aims to promote and support apprentice programs across companies in town. The duo has already rolled out similar programs across six cities in the United States and plans to create 500 new jobs by 2025.

The initiative began in 2016 in Chicago, where both Accenture and Aon were re-evaluating their workforce.

"It was a CEO to CEO initiative between Aon and Accenture," Mary Beth Gracy, Accenture Houston's managing director, tells InnovationMap. "We realized we could have more of an impact together than we could separately."

Both companies took inventory of their workforce and what jobs they had and established what positions could be adjusted to be suitable to non-traditional hires.

"We took a look at our talent to see if there are roles where we could create hiring that didn't require a four-year degree," says Dawn Spreeman-Heine, managing director of commercial risk solutions at Aon. "We felt like that would boost our diversity and create a more diverse talent pipeline. At the same time, it would hopefully address an issue we had with attrition."

The programs are substantially different from internships — which are short term, part time, and don't necessarily lead to permanent jobs. The apprentices hired through the program would serve one or two years of paid on-the-job training with a path to permanent employment.

With all the work the two institutions put into creating their own programs, it became apparent that a network of support between companies — as well as other players — to create an ecosystem, as Gracy says.

"In this case, the ecosystem is the employers and the apprentices themselves – as well as the educators we get our talent from and the nonprofit partners that help surface the candidates," Gracy explains. "This is an ecosystem play about strengthening our pipelines, communities, and job opportunities."

With the launch, five founding members have joined the Greater Houston Apprenticeship Network: Dow Chemical, Whorley, Texas Mutual Insurance, Amazon Web Services, and University of Texas MD Anderson Cancer Center. These companies have committed to creating apprenticeship positions within their institutions, as well as to promote the program to others.

As the initiative continues, interested companies can learn more online. The network is interested in bringing on companies of all sizes and across industries — whether a company wants to hire 100 apprentices or startup is looking to findjust one.

Gracy and Spreeman-Heine agree that — while the program was always intended to expand — the timing of the program launching in a time of economic growth amid the pandemic makes the plans even more relevant.

"Unfortunate events sometimes spur on some really great things. It's even more compelling now — and employers are hurting even more now trying to fill these roles," Spreeman-Heine says. "It's perfect timing."

The program hopes to bring more diverse workforces to Houston corporations — as well as eliminate the stigma of hiring non-four-year-degree employees.

"Nothing breeds success like success," Gracy says. "The more we have people come into these roles and be successful, then the more momentum that's going to build upon that."

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UH lands $11.8M for first-of-its-kind early language development study

speech funding

Researchers at the University of Houston have secured an $11.8 million grant from the National Institutes of Health to conduct a first-of-its-kind study of early language development.

Led by Elena Grigorenko, the Hugh Roy and Lillie Cranz Cullen Distinguished Professor of Psychology, and research professor Jack Fletcher, the study will follow 3,600 children aged 18 to 24 months to uncover how language skills develop at this critical stage and why some children experience delays that can influence later growth.

The NIH funding will also support the development of the new national Clinical Research Center on Developmental Language Disorders at UH, which aims to bring experts from psychology, education, health and measurement sciences to study how children learn language.

“This will be the first national study to estimate how common late talking is using a large, representative sample of Houston toddlers,” Grigorenko said in a news release. “By following these children as they grow, we hope to better understand the developmental pathways that can lead to conditions such as developmental language disorder and autism.”

UH’s team will partner with the pediatric clinic network at Texas Children’s Hospital, where children will be screened for early language development, allowing researchers to identify those who show signs of delayed speech. Next, researchers will follow the cohort through early childhood to examine how language abilities evolve and how early delays may lead to later challenges.

The Clinical Research Center on Developmental Language Disorders will be the 14th national research center established at UH, and will include researchers from multiple UH departments, as well as partners at Baylor College of Medicine and the Texas Center for Learning Disorders.

“This level of investment from the National Institutes of Health reflects the significance of this work to address a complex challenge affecting children, families and communities,” Claudia Neuhauser, vice president for research at UH, said in a news release. “By bringing together experts from multiple disciplines and partnering with major health systems across the region, the project reflects our commitment to advancing discoveries that impact our community.”

Rice Alliance names Houston healthtech exec as first head of platform

new hire

The Rice Alliance for Technology and Entrepreneurship has named its first head of platform.

Houston entrepreneur Laura Neder stepped into the newly created role last month, according to an email from Rice Alliance. Neder will focus on building and growing Houston’s Venture Advantage Platform.

The emerging platform, which is being promoted by Rice Alliance and the Ion, aims to connect founders with the "people, capital and expertise they need to scale."

"I’ve spent a lot of time thinking about what it takes to make an innovation ecosystem more navigable, more connected, and more useful for founders," Neder said in a LinkedIn post. "I’m grateful for the opportunity to do that work at Rice Alliance, alongside a team with a long history of supporting entrepreneurship and innovation."

"Houston has the talent, institutions, and industry base to create real advantage for founders," she added. "I’m looking forward to listening, learning, and building stronger pathways across the ecosystem."

Neder most recently served as CEO of Houston-based Careset, where she helped bring the Medicare data startup to commercialization. Prior to that, Neder served as COO of Houston-based telemedicine startup 2nd.MD, which was acquired for $460 million by Accolade in 2021.

"Laura brings a rare combination of founder empathy, operational experience and ecosystem leadership," Rice Alliance shared.

Neder and Rice Alliance also shared that the organization is hiring developers to design the new Venture Advantage Platform. Learn more here.

Elon Musk's SpaceX files initial paperwork to sell shares to the public

Incoming IPO

Elon Musk's space exploration company has filed preliminary paperwork to sell shares to the public, according to two sources familiar with the filing, a blockbuster offering that would likely rank as the biggest ever and could make its founder the world's first trillionaire.

A SpaceX IPO promises to be one of the biggest Wall Street events of the year, with several investment banks lining up to help raise tens of billions to fund Musk's ambitions to set up a base on the moon, put datacenters the size of several football fields in orbit and possibly one day send a man to Mars.

The sources spoke on condition of anonymity because they were not authorized to talk publicly about the confidential registration with the Securities and Exchange Commission.

SpaceX did not respond immediately to a request for comment.

Exactly how much SpaceX plans to raise has not been disclosed but the figure is reportedly as much as $75 billion. At that level, the offering would easily eclipse the $29 billion that Saudi Aramco raised in its IPO in 2019.

The offering, coming possibly in June, could value all the shares of SpaceX at $1.5 trillion, nearly double what the company was valued in December when some minority owners sold their stakes, according to research firm Pitchbook, before an acquisition that increased its size.

Musk owns 42% of the SpaceX now, according to Pitchbook, though that figure will change with the IPO when new owners are issued shares. In any case, he is likely to pierce the trillion dollar mark because he is already close. Forbes magazine estimates Musk's net worth at roughly $823 billion.

In addition to making reusable rockets to hurl astronauts and hardware into orbit, SpaceX owns Starlink, the world’s largest satellite communications company. The company also recently brought under its roof two other Musk businesses, social media platform X, formerly Twitter, and artificial intelligence business, xAI, in a controversial transaction because both the seller and the buyer were controlled by him.

SpaceX has become the biggest commercial launch company in its industry, responsible for sending payloads into orbit for customers across the globe, but has also benefited from big taxpayer spending. That has raised conflicts of interest issues given that Musk was the biggest donor to President Donald Trump's campaign and is still a big backer.

In the past five years, SpaceX won $6 billion in contracts from NASA, the Defense Department and other U.S. government agencies, according to USAspending.gov.

Among current SpaceX owners is Donald Trump Jr, the president's oldest son. He owns a shares through 1789 Capital. That venture capital firm made him a partner shortly after his father won the presidency for a second time and has been buying up federal contractors seeking to win taxpayer money ever since.

The White House and Trump himself have repeatedly denied there are any conflicts of interest between his role as president and his family's businesses.