Houston-area school secures grant to foster STEM innovation, entrepreneurship

fresh funding

Three academics at Sam Houston State University have secured grant funding to support innovation and entrepreneurship at the university across science, technology, engineering, and mathematics.

Kyle Scott, assistant professor of entrepreneurship, and Bob Milner and Pamela Zelbst, co-directors of the Center for Innovation, Technology and Entrepreneurship at Sam Houston State University, have been awarded catalytic grant funding from VentureWell, a nonprofit that supports early-stage science and technology innovators. Sam Houston State University’s project was selected from a national pool of applicants.

The grant is part of the selective Course & Program Grants program, which supports faculty and staff in U.S. higher education institutions to expand and strengthen STEM innovation and entrepreneurship ecosystems. The goal for these grants is to assist with “accelerating sustainable and inclusive innovation” according to a news release.VentureWell will also help grantees in a cohort-based community of practice that will provide networking opportunities and assistance.

The grantee teams can use the funds to develop new technology transfer certificate programs for underrepresented STEM student entrepreneurs.

“VentureWell is committed to broadening pathways for science and technology innovators and the faculty supporting them—particularly those from historically underrepresented groups in the field,” said VentureWell President and CEO Phil Weilerstein in a news release . “We are excited to provide these talented grantees with resources and support to create impactful programs and learning experiences on their campuses, in their communities, and in the broader innovation and entrepreneurship ecosystem.”

Some of the projects the Center for Innovation, Technology & Entrepreneurship has recently done include a “Robohand” to help a child with Amniotic Band Syndrome (ABS).

Women in science, technology, engineering, and mathematics are well represented in Houston, according to a recent report. Photo via Christina Morillo/Pexels

Houston named a top city for women in STEM fields

who runs the world?

If you're a woman in science, technology, engineering, or mathematics and you call Houston home, according to a new report, you're doing it right.

In honor of Women's History Month, CommercialCafe updated its 2020 ranking of the top U.S. cities for women working in STEM. According to the report, Houston ranks at No. 5 on the list of the best southern cities in the United States for women in STEM. The Bayou City also claims the No. 19 spot nationally.

Here are some other key findings about Houston on the report:

STEM jobs in Houston account for 7 percent of all jobs, and a little less than a third of these positions are held by women.
About 23,964 women work in STEM in Houston — which is the most out of any other city in the South.
Houston gained 4,318 new women STEM employees since 2015, the third-highest number in this regional ranking.
The median annual income for women in STEM here is $68,172.

Texas makes up about half of the top 10 Southern states — Austin places in second, while Frisco (No. 7), Dallas (No. 8) and Plano (No. 10) fall behind Houston. Nationally, New York City, San Francisco, and Seattle take the top three spots, respectively.

Women working in STEM - South 2021 - Infograminfogram.com

Houston has been recognized for its STEM fields before, and last fall, SmartAsset ranked Houston as No. 7 in STEM nationally based on workforce size. And, in 2019, Houston placed sixth for STEM workforce diversity. Last year Houston also ranked No. 6 for women in tech, also according to SmartAsset.

Houston isn't very attractive of an ecosystem for STEM professionals, according to a new report. Getty Images

Report finds Houston has room to grow as an attractive city for STEM professionals

Needs improvement

Houston has been heralded as a great place to find a job in many instances, so it may come as some surprise that when it comes to science, technology, engineering, and mathematics, the Bayou City isn't primed for professionals.

The city ranked No. 33 out of the 100 largest metros in the United States in a study conducted by WalletHub. The 17 metrics corresponded to professional opportunities, STEM friendliness, or quality of life. Within those categories, Houston ranked No. 47, No. 20, and No. 54, respectively.

Some of the areas where the Houston area stood out is wage, engineering educational opportunities, and projected demand for STEM jobs in 2020. Houston had the highest annual median wage for STEM workers, which was adjusted for cost of living.

While Houston seems to be predicted to need STEM professionals, the city currently has among the worst STEM employment growth and among the highest unemployment rate for STEM professionals with a Bachelor's degree or higher.

Austin, which ranked at No. 4, was the only Texas city to rank higher than Houston, and Dallas followed close behind Houston at No. 38. Dallas actually performed similar to Houston across the categories, while Austin's scores reflected that the city provided the 8th best STEM professional opportunities in the country.

Rounding out the top five on the list was Seattle at No. 1, Boston at No. 2, Pittsburgh at No. 3, and San Francisco at No.5.

In November, Accenture's Brian Richards wrote a guest column for InnovationMap on how Houston could advance as a premier city for tech and innovation. He proffered that STEM talent is a key component the city needs — both coming into the ecosystem as well as remaining here.

"Houston already has tremendous amounts of STEM talent but doesn't produce enough talent or retain enough of the locally-grown talent," he writes. "To jumpstart, we are going to have to import it initially."

Apparently, this isn't an issue unique to Houston. According to Martin Storksdieck, director for the Center for Research on Lifelong STEM Learning in Oregon, while the U.S. has been successfully attracting outsiders to STEM higher education roles, there's a growing need for specific STEM jobs like nurses and computer scientists.

"The US is neither creating, attracting nor retaining middle-skilled STEM professionals in any competitive fashion," Storksdieck says in the report. "[Meanwhile], about half of academic STEM graduate students in the US are foreign born."

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Axiom Space launches Japanese subsidiary, names leadership

Axiom Space is setting up a Japanese subsidiary to tap into billions of dollars worth of business opportunities in the vast Asia-Pacific region. The company’s new office in Japan will open July 1.

“For the Asia-Pacific region, an Axiom Space presence in Japan means a long-term, direct path to low-Earth orbit for research, for industry, for astronauts, and a partner committed to building that future together with Japan,” Jonathan Cirtain, president and CEO of Axiom Space, said in a news release.

Asia-Pacific spaceflight leaders include Japan, China, India and South Korea.

Until committing to the Asia-Pacific subsidiary, Axiom focused primarily on the U.S. market for space exploration equipment, technology and services. Axiom is building the successor to the International Space Station (ISS), and it provides human spaceflight services and develops next-generation spacesuits.

Fortune Business Insights estimates the Asia-Pacific market for space technology was valued at $155.3 billion in 2025.

“The region is rapidly expanding due to rapidly expanding government space programs, increasing private sector participation, and rising demand for satellite services across densely populated regions,” says Fortune Business Insights, a market research firm.

The region’s combination of strategic investments, market demand and emerging entrepreneurial systems positions Asia-Pacific “for the fastest growth in the global market,” Fortune Business Insights says.

The market research firm pegs the U.S. market for space technology at $251.8 billion in 2025, making it the world’s largest player in that sector.

Veteran Japanese astronaut Koichi Wakata will lead Axiom Space Japan as chief technology officer in the Asia-Pacific region. The Japanese subsidiary will work with government agencies, research institutions, and industrial partners in Japan to expand hardware development and manufacturing, microgravity research and orbital computing.

Wakata was the Japanese space agency’s first program manager for ISS and the station’s first Japanese commander. He also contributed to the construction of ISS, including the Japanese experiment module Kibo. Wakata retired from the Japanese agency, JAXA, in March 2024.

“Japan intends to remain a leading nation in human space exploration post-ISS, and Japanese industry and academia are ready to play a central role in the commercial era,” Axiom Space said in the release. “Axiom Space Japan is how the company will meet that ambition with a long-term, on-the-ground presence.”

Houston investment firm closes $105M energy venture fund

seeing green

Houston-based investment firm Veriten has announced the initial close of its second flagship energy venture fund with more than $105 million in capital commitments.

Fund II will build on Veriten’s initial fund and aim to support “scalable technology solutions for energy, power and industrial applications,” according to a company news release.

"Our differentiated network, research-driven process, and first principles approach to investing are having an impact across multiple verticals including traditional energy, electrification, and industrial technology. Fund II builds on that platform,” John Sommers, partner, investments at Veriten, added in the release. “In this environment, the differentiator isn't capital – it's all about connectivity, deep sector expertise, and an economically-driven approach. As new technologies and approaches develop at breakneck speed, the need for more reliable, affordable energy and power continues to grow dramatically. The current backdrop accentuates the need for Veriten's solution."

Veriten is supported by over 50 strategic partnerships in the energy, power, industrial and technology sectors, including major players like Halliburton and Phillips 66.

"Veriten continues to build a differentiated platform at the intersection of energy, technology and industry expertise," Jeff Miller, chairman and CEO of Halliburton, said in the release. "We were early believers in the team and their ability to identify practical solutions to real challenges across the energy value chain. As all industries increasingly adopt digital tools, automation and AI-enabled technologies to improve performance and execution, we are proud to partner with Veriten again to help accelerate high-impact solutions across the broader energy landscape."

Veriten closed its debut fund, NexTen LP, of $85 million in committed capital in October 2023. It was launched in January 2022 by Maynard Holt, co-founder and former CEO of the energy investment bank Tudor, Pickering, Holt & Co.

It has invested in Houston-based AI-powered electricity analytics provider Amperon and led a $12 million Seed 2 funding round for Houston-based Helix Technologies to scale manufacturing of its energy-efficient commercial HVAC add-on earlier this year. In the past year it has contributed to funding rounds for San Francisco-based Armada and Calgary-based Veerum.

Veriten also named Nick Morriss as its new managing director earlier this month. Morriss most recently served as vice president of business development at next-generation nuclear technology company Natura Resources and spent nearly 20 years at NOV Inc.

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This article originally appeared on our sister site, EnergyCapitalHTX.com.

Here's how Houston ranks among the best U.S. cities to start a career

New Horizons

College graduates staying in Houston are in the right place to be, according to a new WalletHub study. Houston has emerged on a new list of the 100 best places in America for starting a career.

Houston ranked 51st out of 182 U.S. cities based on its quality of life and vast opportunities for new college graduates transitioning into the workforce. The study compared each city based on 25 relevant metrics, like the availability of entry-level jobs, each city's annual job growth rate, workforce diversity, median annual income, housing affordability, and others.

Atlanta, Orlando, and Austin respectively comprised the top three best places to start a career.

Houston ranked 48th overall for its quality of life, and appeared No. 51 for its professional opportunities for new college graduates. Whether its starting a new business or entering a high-earning job field, Houston has many more opportunities than the vast majority of other cities on the list.

"The best cities for starting a career not only have a lot of job opportunities but also provide substantial income growth potential and satisfying work conditions," said WalletHub analyst Chip Lupo. "It’s also important to consider factors such as how fun a city is to live in or how good of a place it is for raising a family, to ensure life satisfaction outside of your career."

Other Texas hotspots for early career professionals
Austin boasts the best quality of life out of all 182 cities in the report, and the 10th best professional opportunities. The state capital also outperformed all other U.S. cities with the highest monthly average starting salaries for early career workers after being adjusted for the city's cost of living. Austin also offers the 15th highest number of entry level jobs per capita, the report said.

In a separate comparison of the cities with the largest share of residents aged 25 to 34, Austin ranked No. 5 nationally.

"In addition, Austin’s median annual household income is the 10th-highest in the nation, providing strong earning potential for those starting a career or a business," the report said. "Austin is also the sixth best city for singles, offering a vibrant social scene alongside strong career opportunities for young professionals."

Elsewhere in Texas, Dallas ranked as the second-best city in Texas for new grads to start a career and 12th nationally. Additional cities that made it into the top 100 best U.S. cities for early career professionals include Plano (No. 32), Irving (No. 42), Fort Worth (No. 64), Amarillo (No. 73), and San Antonio (No. 85).

The top 10 best cities for starting a career are:

No. 1 – Atlanta, Georgia
No. 2 – Orlando, Florida
No. 3 – Austin, Texas
No. 4 – Tampa, Florida
No. 5 – Miami, Florida
No. 6 – Charleston, South Carolina
No. 7 – Pittsburgh
No. 8 – Knoxville, Tennessee
No. 9 – Salt Lake City, Utah
No. 10 – Columbia, South Carolina

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This article first appeared on CultureMap.com.

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