Rice Business Plan Competition named its participants for 2024. Photo courtesy of Rice

Annual student startup competition in Houston names teams for 2024

ready to pitch

The Rice Alliance for Technology and Entrepreneurship announced the 42 student-led teams worldwide that will compete in the highly competitive Rice Business Plan Competition this spring.

The annual competition, known as one of the world’s largest and richest intercollegiate student startup competitions, will take place April 4 to 6 in Houston. Teams in this year's competition represent 35 universities from four countries, including two teams from Houston and four others from Texas.

Teams, made up of graduate students from a college or university anywhere in the world, will present their plans before 350 angel, venture capital, and corporate investors to compete for more than $1 million in prizes. Last year, teams were awarded $3.4 million in investment and in-kind prizes, the largest total awarded thus far in the decades-old competition after some investors doubled — or even tripled — down on investment awards.

The 2024 RBPC will focus on five categories: Energy, Cleantech and Sustainability; Hard Tech; Life Sciences and Healthcare Solutions; Digital Enterprise; Consumer Products and Services.

Invitees include:

  • AIRS ML, Imperial College London (United Kingdom)
  • Blaze Power, UCLA
  • ChiChi Foods, Washington University in St. Louis
  • CureWave Sciences, Rutgers University
  • CurveAssure, Johns Hopkins University
  • D.Sole, Carnegie Mellon University
  • Dendritic Health AI, Northwestern University
  • Dialysis Innovations, University of Michigan
  • FlowCellutions, University of Pittsburgh
  • HEXAspec, Rice University
  • HydroPhos Solutions, University of New Hampshire
  • Icorium Engineering Company, University of Kansas
  • Informuta, Tulane University
  • Kiwi Charge, York University (Canada)
  • Korion Health, University of Maryland, College Park
  • Limitless Aeronautics, Embry Riddle Aeronautical University
  • LiQuidium, University of Houston
  • Malleous, University of Pittsburgh
  • MesaQuantum, Harvard University
  • MineMe, University of Pennsylvania
  • NaviAI, Cornell University
  • NutriAI, Tufts University
  • OSPHIM, RWTH Aachen University (Germany)
  • Overture Games, Northwestern University
  • OX SOX, University of Georgia
  • Oxylus Energy, Yale University
  • Palanquin Power, University of Texas at Austin
  • Paradigm Robotics, University of Texas at Austin
  • Particle-N, University of Connecticut
  • Poka Labs, Harvard University
  • Power2Polymer, RWTH Aachen University (Germany)
  • ProPika, University of Arkansas
  • Protein Pints, Michigan State University
  • Samtracs, Oklahoma State University
  • Sancorda Medical, University of Texas at Dallas
  • Side Coach Sports, Baylor University
  • Socian AI, Rochester Institute of Technology
  • Somnair, Johns Hopkins University
  • TouchStone, University of California, Berkeley
  • Vita Innovations, Stanford University
  • WattShift, University of Chicago
  • ZebraMD, UCLA

The companies join more than 700 RBPC alumns that have collectively raised more than $5.5 billion in funding. More than 269 RBPC companies are in business or have made successful exits, according to the Rice Alliance's website.

Last year, Texas A&M-based team FluxWorks took home $350,000 and won the competition based on judges scores. The company's technology includes magnetic gears that are four times quieter than standard with 99 percent efficiency.

Sygne Solutions and TierraClimate, two Rice-led teams, won second and fourth places, respectively. Zaymo, from Brigham Young University, took home the most in investment dollars. Click here to see the full list of 2023 teams.

Brad Burke has been named the 2023 Trailblazer Award recipient. Photo via alliance.rice.edu

Houston Innovation Awards names longtime Rice leader as 2023 Trailblazer

leading innovation

In less than a month, all of Houston's innovation community's movers and shakers will gather to celebrate the Houston Innovation Awards, and the night's first honoree has officially been named.

Brad Burke, managing director of the Rice Alliance for Technology and Entrepreneurship, was selected to receive the 2023 Trailblazer Award. The award was established to recognize an individual who has already left a profound impact on Houston's business and innovation ecosystem and is dedicated to continuing to support Houston and its entrepreneurs.

The award, which is selected from a group of internal and external nominations, was decided by a vote of the 2023 awards judges, who represent Houston's business, investment, and entrepreneurial community across industries. Last year, Blair Garrou, managing director and founder of Houston-based venture capital firm Mercury, accepted the award, and the inaugural recipient in 2021 was Barbara Burger, former president of Chevron Technology Ventures.

Founded in 2000, the Rice Alliance has been led by Burke since its early days, and its impact had far exceeded the Rice University campus. The organization's cornerstone event, the Rice Business Plan Competition, attracts hundreds of student entrepreneurs, venture investors, and more to Houston every spring.

In a Q&A with InnovationMap, Burke discusses his passion for Houston and the impact he and the Rice Alliance have made on the city.

InnovationMap: ​From the Rice Business Plan Competition to the many venture days and other programing, how would you describe the Rice Alliance's impact — under your leadership for the past more than 20 years — on the Houston innovation ecosystem?

Brad Burke: From the earliest days of the Rice Alliance in 2000, our goal has been to create a community to support the launch of tech startups in Houston and bring together the resources to enable them to be successful, whether they need entrepreneurship education, mentoring, funding, legal support, opportunities for pilots, or connections. It’s been really important for us to bridge a connection between Rice University and the Houston ecosystem—so we’ve been intentional about driving our impact outside of the hedges and I always envision Rice to be a hub for entrepreneurial ecosystem and a pillar in the Houston community.

Through the Rice Business Plan Competition, our venture forums, accelerators, educational workshops, and other programs, we have coalesced hundreds, if not thousands, of investors, mentors, corporates, service providers, who collaborate with a shared goal of making Houston a leading region for entrepreneurship. The RBPC alone now has more than 350 investors and other judges and has resulted in the formation of several new investment groups including, Goose Capital, Owl Investment Group, and nCourage Entrepreneurs. We’ve also aimed to shine a light on Houston outside of the city. That’s why we’ve built global programs to bring entrepreneurs and investors here to see just how great we all know the Houston community to be. The growth of RBPC into the “world’s largest and richest student startup competition” is not just a result of the Rice Alliance, but it’s really a result of the Houston community members who have been dedicated with us for so long. We hope this is a point of pride and feels like a win for everyone in Houston, not just the Rice Alliance.

Based on our research we know that more than 3,165 startups have participated in our programs and raised more than $23 billion in funding.

IM: Rice University is an integral part of the Houston business and innovation community. Why are you and other university leaders committed to supporting entrepreneurship in Houston on and off the Rice campus?

BB: When you look across the country, in every leading region of entrepreneurship and venture capital, strong research universities played a major role as a catalyst for driving success, such as Stanford and Berkeley in Silicon Valley and MIT and Harvard in Boston. For Houston to succeed, it is important to Rice to play a similar leadership role. A key part of our mission is to help commercialize technologies developed by the incredibly talented faculty at Rice as well as other institutions in the region. But it is also to help entrepreneurs who may have no affiliation with Rice, as well as bring some of the most promising startups from other regions to Houston to meet with local investors and to encourage them to build their companies here. At the same time, we bring hundreds of investors to Houston each year from other parts of the U.S. and organize hundreds of one-on-one meetings with regional startups. By fostering and building the entrepreneurial ecosystem, we foster economic development and job creation in Houston, and can help ensure Houston remains the energy capital of the world and a global leader in healthcare and life sciences, building on the work of the Texas Medical Center.

IM: Looking back on your career so far, as well as to the future, what do you hope your legacy is?

Our philosophy has been to be supportive of and collaborative with every organization in Houston. We all share a common goal to make Houston a leading entrepreneurship region. In order to achieve this goal, it takes a collaborative effort. We have strived to serve as a role model in Houston to achieve this success. In everything we’ve built over the past 22 years at Rice Alliance, we’ve prioritized building relationships and collaborations, bringing people in, so that it’s not just the Rice Alliance’s success but Houston’s success and that when I think about legacy, that mindset and that approach is part of that.

As I look back, it feels like the trajectory of Houston’s entrepreneurial ecosystem has reached an inflection point over the past several years. As I meet with leaders from around the country, they are all familiar with the success of the Rice Business Plan Competition, and increasingly view Houston as a major player in energy innovation and the energy transition. I would hope that the Rice Alliance is viewed as one of the organizations that contributed substantially to this success and has played a key role as a catalyst in the ecosystem. I hope that the success of the Rice Alliance has spurred additional support for the ecosystem, such as Rice’s investment in the Ion and the Ion Innovation District.

But I hope the legacy will extend beyond Houston, as we were a co-founder of the Texas University Network for Innovation and Entrepreneurship (TUNIE), along with UT Dallas, in order to help every university in the state of Texas enhance its entrepreneurship program. And we are the headquarters for Global Consortium of Entrepreneurship Centers (GCEC) which brings together over 300 universities each year to network and share best practices. Both organizations reflect positively on Rice and the Houston ecosystem.

Most of all, I recognize that whatever we have accomplished has been due to the amazing team members that comprise the Rice Alliance. It is without a doubt the best group of people I have ever worked with in my career.

I’m proud of the relationships and collaborations we have formed at all levels: within our Rice Alliance team, with the RBPC and many judges and the formation of new investor groups, the formation of TUNIE and relationships with universities within Texas, and leadership of the GCEC, a collaboration of other universities across the U.S. and the world.

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Join InnovationMap and Houston Exponential in celebrating Brad Burke and the other honorees — who will be announced next week — at the November 8 event.


Mallard Bay, which won big at the Rice Business Plan Competition, is expanding in Houston. Photo via Getty Images

A Louisiana-born, Houston-backed outdoors activity startup is expanding into the Bayou City

growing in Hou

A Louisiana-founded hunting and fishing startup is growing its operations and expanding into Houston.

Mallard Bay, a marketplace for booking guided fishing and hunting trips, will move half of its employees to Houston and will join the Greater Houston Partnership, according to a release from the GHP. The company hopes the move will help it tap into the large corporate and convention entertainment market in Texas.

The company was founded in 2021 by a group of Louisiana State University students after noticing a gap in the outdoor travel space. Last year, founders Logan Meaux, Joel Moreau, Wyatt Mallett and Tam Nguyen entered in the Rice Business Plan Competition and won the fourth-most in investments and prizes, totaling $218,000.

“Entering the Rice Business Plan Competition helped close out our $1.8 million seed round last September,” Meaux, co-founder and CEO of Mallard Bay, says in a statement. “Not only did it help us raise money, but the recognition and the contacts we made were instrumental in growing the business and sparked the idea to expand to Houston. Prior to the competition, we were unaware of all that the Houston startup ecosystem had to offer, but quickly realized the value of having a network here in Houston.”

That same year the company also acquired Texas-based marketing firm, Bourbon Media. The company also recently launched GuideTech, which provides guides and charter services with tools like calendar management and payment solutions for back-office use, the Baton Rouge Business Report reported earlier this year.

According to the GHP, Mallard Bay now works with more than 300 outfitters, ranchers and charter captains. The company has seen more than 1,000 percent YOY growth over the last five months.

Houston-based technology services development company Softeq Venture Studio is a major investor in Mallard Bay. According to a statement from Billy Grandy, chief innovation officer at Softeq and Managing Partner of the Softeq Venture Fund, the company began working with Mallard Bay in 2022.

"The company has garnered significant interest since participating in The Softeq Venture Studio, our hands-on startup accelerator program and we are eager to see where this next chapter takes them," Grandy added in the statement.

Softeq announced its latest cohort for its accelerator program in May.

Houston is also home to outdoors and sporting equipment marketplace Everest. Founder and CEO Bill Voss spoke on the Houston Innovators Podcast about how Everest aims to disrupt the marketplace with its seller-friendly platform.
Brad Burke, managing director of the Rice Alliance for Technology and Entrepreneurship, has received an impressive award for his leadership. Photo via Rice.edu

Houston innovation leader receives prestigious higher ed award

big winner

A figurehead in Houston's innovation ecosystem has received an award for his career leading innovation in higher education.

Brad Burke, who's served as managing director of the Rice Alliance for Technology and Entrepreneurship since its inception 22 years ago, received the Outstanding Contributions to Advancing Innovation and Entrepreneurship in Higher Education Award. Burke was presented with the award at the 2023 Deshpande Symposium for Innovation and Entrepreneurship in Higher Education.

Recognizing an individual who has proven to be successful in leading entrepreneurship within higher education, the award was founded by serial entrepreneur Desh Deshpande. The event attracts academics, policy planners, and practitioners every year to share thought leadership within higher education entrepreneurship and innovation.

“Brad’s sustained leadership has been a driving force in making these transformative accomplishments within Rice and the broader higher education community,” Rice President Reginald DesRoches writes in his nomination letter.

The Rice Alliance is home to many of Rice University's innovation and entrepreneurship programming, including annual Energy Tech Venture Forum, the Clean Energy Accelerator, OwlSpark, Blue Launch, Texas Life Science Forum, and more.

The cornerstone program for Rice Alliance is the annual Rice Business Plan Competition, which Burke has overseen grow from nine regional universities competing for $10,000 in 2001 to 42 global teams securing investment and prices totalling $3.4 million in prizes in 2023.

While Rice has developed these programs for innovation and entrepreneurship on campus, a key component to the Rice Alliance is its role in the greater Houston innovation ecosystem, Burke previously told InnovationMap on an episode of the Houston Innovators Podcast.

"I think Houston has this culture of collaboration that I suspect that some other major cities don't have in the same way," Burke says on the show. "And while we're a big city, the entrepreneurial ecosystem feels like a small network of a lot of people who work really well together."



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2 Houston startups selected by US military for geothermal projects

hot new recruits

Two clean energy companies in Houston have been recruited for geothermal projects at U.S. military installations.

Fervo Energy is exploring the potential for a geothermal energy system at Naval Air Station Fallon in Nevada.

Meanwhile, Sage Geosystems is working on an exploratory geothermal project for the Army’s Fort Bliss post in Texas. The Bliss project is the third U.S. Department of Defense geothermal initiative in the Lone Star State.

“Energy resilience for the U.S. military is essential in an increasingly digital and electric world, and we are pleased to help the U.S. Army and [the Defense Innovation Unit] to support energy resilience at Fort Bliss,” Cindy Taff, CEO of Sage, says in a news release.

A spokeswoman for Fervo declined to comment.

Andy Sabin, director of the Navy’s Geothermal Program Office, says in a military news release that previous geothermal exploration efforts indicate the Fallon facility “is ideally suited for enhanced geothermal systems to be deployed onsite.”

As for the Fort Bliss project, Michael Jones, a project director in the Army Office of Energy Initiatives, says it’ll combine geothermal technology with innovations from the oil and gas sector.

“This initiative adds to the momentum of Texas as a leader in the ‘geothermal anywhere’ revolution, leveraging the robust oil and gas industry profile in the state,” says Ken Wisian, associate director of the Environmental Division at the U.S. Bureau of Economic Geology.

The Department of Defense kicked off its geothermal initiative in September 2023. Specifically, the Army, Navy, and Defense Innovation Unit launched four exploratory geothermal projects at three U.S. military installations.

One of the three installations is the Air Force’s Joint Base San Antonio. Canada-based geothermal company Eavor is leading the San Antonio project.

Another geothermal company, Atlanta-based Teverra, was tapped for an exploratory geothermal project at the Army’s Fort Wainwright in Alaska. Teverra maintains an office in Houston.

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This article originally ran on EnergyCapital.

Report: Houston secures spot on list of top 50 startup cities

by the numbers

A new ranking signals great promise for the growth of Houston’s startup network.

Houston ranks among the world’s top 50 startup cities on a new list from PitchBook, a provider of data and research about capital markets. In fact, Houston comes in at No. 50 in the ranking. But if you dig deeper into the data, Houston comes out on top in one key category.

The city earns a growth score of 63.8 out of 100 — the highest growth score of any U.S. city and the seventh highest growth score in the world. In the growth bucket, Houston sits between between Paris (64.4) and Washington, D.C. (61.7).

The PitchBook growth score reflects short-term, midterm, and long-term growth momentum for activity surrounding venture capital deals, exits, and fundraising for the past six years.

PitchBook’s highest growth score (86.5) goes to Hefei, a Chinese manufacturing hub for electric vehicles, solar panels, liquid crystal displays, home appliances, and Lenovo computers.

The overall ranking is based on a scoring system that relies on proprietary PitchBook data about private companies. The system’s growth and development scores are based on data related to deals, exits, fundraising and other factors.

Houston earns a development score of 34.1 out of 100, which puts it in 50th place globally in that regard. This score measures the size and maturity of a city’s startup network.

Topping the overall list is San Francisco, followed by New York City and Beijing. Elsewhere in Texas, Austin appears at No. 16 and Dallas at No. 36.

The ranking “helps founders, operators, and investors assess locations when deciding where to expand or invest,” says PitchBook.

“Network effects matter in venture capital: Investors get more than half of their deals through referrals, according to research led by Harvard professor Paul Gompers,” PitchBook goes on to say. “So it stands to reason that dealmakers should seek these networks out when deciding where to do business.”

4 Houston universities earn top spots for graduate programs in Texas

top schools

Houston's top-tier universities have done it again. U.S. News and World Report has four Houston-area universities among the best grad schools in the state, with some departments landing among the top 100 in the country.

U.S. News publishes its annual national "Best Graduate Schools" rankings, which look at several programs including business, education, engineering, fine arts, health, and many others. For the 2024 report, the publication decided to withhold its rankings for engineering and medical schools. It also changed the methodology for ranking business schools by adding a new "salary indicator" based on a graduate's profession.

U.S. News also added new rankings for doctoral and master's programs in several medical fields for the first time in four years, or even longer in some cases. New specialty program rankings include audiology, occupational therapy, physical therapy, pharmacy, nurse midwifery, speech-language pathology, nurse anesthesia, and social work.

"Depending on the job or field, earning a graduate degree may lead to higher earnings, career advancement and specialized skill development," wrote Sarah Wood, a U.S. News Education reporter. "But with several types of degrees and hundreds of graduate schools, it can be difficult to narrow down the options."

Without further ado, here's how the local schools ranked:

Rice University's Jesse H. Jones Graduate School of Business maintained its position as No. 2 in Texas, but slipped from its former No. 24 spot in the 2023 report to No. 29 overall in the nation in 2024. Its entrepreneurship program tied for No. 8 in the U.S, while its part-time MBA program ranked No. 15 overall.

Houston's University of Texas Health Science Centerearned the No. 3 spots in Texas for its masters and doctorate nursing programs, with the programs earning the No. 31 and No. 45 spots overall in the nation. The school ranked No. 25 nationally in the ranking of Best Public Health schools, and No. 36 for its nursing-anesthesia program.

Prairie View A&M University's Northwest Houston Center ranked No. 5 in Texas and No. 117 in the nation for its master's nursing program. Its Doctor of Nursing Practice program ranked No. 8 statewide, and No. 139 nationally.

The University of Houstonmoved up one spot to claim No. 4 spot in Texas for its graduate education program, and improved by seven spots to claim No. 63 nationally. Its graduate business school also performed better than last year to claim No. 56 in the nation, according to the report. The University of Houston Law Center is the fifth best in Texas, and 68th best in the U.S. Most notably, its health care law program earned top nods for being the seventh best in the country.

Among the new specialty program rankings, UH's pharmacy school ranked No. 41 nationally, while the speech-language pathology program earned No. 44 overall. The graduate social work and public affairs programs ranked No. 67 and No. 76, respectively, in the nation.

The full list of best graduate schools can be found on usnews.com.

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This article originally ran on CultureMap.