Check out these workshops, networking events, conferences, and other goings on in Houston this month. Photo via Getty Images

From networking meetups to startup showcases, August has a smorgasbord of opportunities for Houston innovators.

Here's a roundup of events you won't want to miss out on so mark your calendars and register accordingly.

Note: This post may be updated to add more events.


August 1— Microsoft Lunch Event: The Business Case for Generative OpenAI

This event delves into the power of artificial intelligence, specifically OpenAI, and its potential to reshape the business landscape. This event aims to guide and inform professionals seeking to understand, adapt, and integrate AI into their business models.

The agenda:

9:30 to 10:00 am - Networking and coffee

10:00 am to 12:30 pm - Session starts

12:30 to 1:30 pm - Networking and lunch

This event is Tuesday, August 1, from 9:30 am to 1:30 pm at Microsoft Technology Center. Click here to register.

August 1 — Exploring Energy Investments: A Panel Discussion

In this panel-style discussion, experts will dive deep into the opportunities and challenges of investing in the future of energy. You’ll have the opportunity to discover the latest trends and innovations that are revolutionizing the renewable and nonrenewable energy landscape. From solar and wind to hydro and geothermal to oil, natural gas, and others, gain a comprehensive understanding of various energy sources and their impact on the environment, society, and your investment portfolio. After the presentation, in-person attendees will have the opportunity to pitch any deals they have to the audience.

This event is Tuesday, August 1, from 6 to 8:30 pm at Quest Trust. Click here to register.

August 2 — Solar Switch Houston Q&A Social Hour

Solar Switch Houston, a group buy program for rooftop solar panels and optional batteries offered for Houston-area residents, is offering a discussion panel to help homeowners and small businesses learn about installing rooftop solar and battery storage. Come for a question and answer social hour about Solar Switch Houston to get your solar questions answered. Appetizers and beverages will be provided.

This event is Wednesday, August 2, from 5 - 6 pm at United Way. Click here to register.

August 2 — Tenth Annual Bayou Startup Showcase

This annual event is a celebration of entrepreneurship, the newest startups and small businesses from Rice University and University of Houston accelerators, and the community supporting them. The showcase features 25 ventures from four accelerators: RED Labs, OwlSpark, RED Launch and BlueLaunch. You will be able to engage with these businesses, sign up for pre-orders, and buy products at their booths. Teams have recorded their pitches for you to learn about them in advance, watch during the event, or review afterward. RSVP now to receive updates and get early access to pitch videos, and confirm your spot at the event.

This event is Wednesday, August 2, from 5 to 8 pm at Saint Arnold Brewing Company. Click here to register.

August 3 — Side Project Society: August 2023 Meeting

Side Project Society, a community for those with technical or non-technical side projects, is hosting their monthly meeting, giving opportunities for casual networking and connecting. Guest speaker Daniel Cohen, founder of RedShift Strategists, will also share his experiences building a startup around brand positioning and content strategy.

This event is Thursday, August 3, from 6 to 8 pm at Improving. Click here to register.

August 8 — Tech + Tequila Talk - Edtech

Blue People, a software consulting services firm, is hosting a happy hour for innovators and people who are passionate about technology. Mabast Ahmad, director of technology, will discuss his experience with full stack software development and how he uses his knowledge to help entrepreneurs raised MVP.

The agenda:

5:50 pm - Sign-in and registration

6 pm - Tequila tasting

6:30 pm - Tech talk

7:00 pm - Networking and tequilas

This event is Tuesday, August 8, from 6 to 8 pm at the Ion. Click here to register.

August 10 — Executive Angel: Economic Power of Diverse Founders

Join Executive Council Network and DivInc for an informative event focused on the Economic Power of diverse Founders. Research has shown that underrepresented founders face unique challenges in accessing funding and support, which can limit their ability to scale and grow their businesses.

This event will explore the economic power of diverse founders, discussing how they are driving innovation, creating jobs, and contributing to economic growth. DivInc’s expert speakers will share their experiences and insights on the economic power of underrepresented founders, discussing topics such as how to overcome the funding gap for diverse founders, the importance of mentorship and networking, and the role of diversity and inclusion in driving innovation and growth.

The agenda:

4 to 5 pm - Welcome and networking

5 to 6 pm - Fireside chat

6 to 6:30 pm - Closing and networking

This event is Thursday, August 10, from 4 - 6:30 pm at the Ion. Click here to register.

August 10 — GROW Community Meeting

Sponsored by Green Resources & Opportunities Workforce, this community meeting is opening a discussion about green economy resources & opportunities for disadvantaged groups to engage in the energy transition and climate action.

This event is Thursday, August 10, from 11am to 1 pm at Hiram Clarke Multi-Service Center. Click here to register.

August 16-22 — Texas & Gulf Coast Science Entrepreneurs: A Guide to the Activate Fellowship 

Activate, a hardtech-focused program, recently expanded into Houston looking to build upon the region’s energy leadership with a focus on enabling a low-carbon future.

Learn about the two-year Activate Fellowship, which provides early-stage science entrepreneurs with funding, technical resources, and support from a network of scientists, engineers, technologists, and fellow entrepreneurs. Join via Zoom to get an early opportunity to learn more about the Activate Fellowship, their plans for Texas, and get your questions answered.

This online event starts Wednesday, August 16 from 11 am to noon and goes through August 22. Click here to register.

August 18 — Asian Chamber of Commerce Business Conference and Lender Matchmaking 2023

The Asian Chamber of Commerce is hosting their annual business conference, educating local business owners and entrepreneurs through resources in expanding capacity, growing operations, and building a footprint in Houston. Come listen to speakers share best practices on remaining competitive in today’s market. There will also be a lender matchmaking session administered by the SBA with over 15 approved SBA lenders for local small business owners.

The agenda:

8:30am - 9:00am Registration

9:00am - 12:00pm Business Conference

12:30pm - 3:00pm Lender Matchmaking

This event is Friday, August 18, from 8:30 am to 3 pm at Houston Community College. Click here to register.

August 28-30 — Industrial Immersive Week

The ultimate gathering of 500+ industrial, energy and engineering leaders from around the globe where the key challenges & solutions are addressed for the real-world industrial metaverse, including XR, 3D, AI, Reality Capture, Spatial Computing & Digital Twins.

The event is Monday, August 28, through Wednesday, August 30, at Omni Houston. Click here to register.

August 30 — Angel Investing in the Energy Sector

This event is sponsored by the Houston Angel Network and co-sponsored by Rice Alliance. There will be three panel sessions exploring what the energy sector needs from angel investors, including: The Greening of Conventional Oil, Gas & Power Generation; Challenges Faced by Energy Storage and Distribution; Angel Investment Considerations in the Energy Sector. There will also be four 10-minute presentations by startups in the energy sector. Admission is $100.

This event is Wednesday, August 30, from 8 am to 3 pm at Shell Auditorium. Click here to register.

August 30 — 2023 Energy Research Day

Energy Research Day will be a showcase of outstanding energy-related research by University of Houston graduate and post-doctoral students. Sponsored by the Division of Research and Graduate School, the event gives industries in the Greater Houston area a chance to see UH research up close and network with future collaborators.

This event is Wednesday, August 30, from 4 to 8 pm at the University of Houston in the Student Center South Ballroom. Click here to register.

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Houston investor on why 2025 will be the year of exits

houston innovators podcast episode 270

Samantha Lewis will be the first to admit that the past few years have been tough on startups and venture capital investors alike. However, as she explains on the Houston Innovators Podcast, the new year is expected to look very different.

"We're super excited going into 2025," says Lewis, who is a partner at Houston-based VC firm Mercury. "For us, 2024 was a year of laying a lot of groundwork for what we believe is going to be a massive year of startup exits and liquidity for the venture ecosystem. We've been hard at work making sure our companies are prepared for that."

Mercury, in fact, has already gotten a taste, with three of its portfolio companies celebrating exits — all with Houston roots. Fintech platform Brassica was acquired by BitGo in February, and Apparatus, founded as Topl in Houston, was acquired early last year. The third deal has yet to be announced publicly.

And it's just getting started, Lewis says. She explains that all of the companies in Mercury's portfolio that are promising — albeit not break-out, to-be-billion-dollar companies — are going to have opportunities to sell in 2025 and 2026.

"What we've started to do — and I encourage everyone to do this if you're working on a startup — is just start to just engage with strategic buyers, investment bankers, and people you think might be a great fit to buy your company," Lewis says, "because we really think that the next few years will be the best liquidity years we've seen in a really long time. And if you're not ready for it, you're going to miss the boat."

In addition to sharing her advice to get "exit preparedness," Lewis explains some specific tech trends she's keeping an eye on in Mercury's "power theme," which she works on directly. This encompasses fintech, blockchain, web3 and more.

SpaceX loses mega rocket in latest thrilling Starship test flight

Testing

SpaceX launched its Starship rocket on its latest test flight Thursday, but the spacecraft was destroyed following a thrilling booster catch back at the pad.

Elon Musk’s company said Starship broke apart — what it called a “rapid unscheduled disassembly." The spacecraft's six engines appeared to shut down one by one during ascent, with contact lost just 8 1/2 minutes into the flight.

The spacecraft — a new and upgraded model making its debut — was supposed to soar across the Gulf of Mexico from Texas on a near loop around the world similar to previous test flights. SpaceX had packed it with 10 dummy satellites for practice at releasing them.

A minute before the loss, SpaceX used the launch tower's giant mechanical arms to catch the returning booster, a feat achieved only once before. The descending booster hovered over the launch pad before being gripped by the pair of arms dubbed chopsticks.

The thrill of the catch quickly turned into disappointment for not only the company, but the crowds gathered along the southern tip of Texas.

“It was great to see a booster come down, but we are obviously bummed out about [the] ship,” said SpaceX spokesman Dan Huot. “It’s a flight test. It’s an experimental vehicle," he stressed.

The last data received from the spacecraft indicated an altitude of 90 miles and a velocity of 13,245 mph.

Musk said a preliminary analysis suggests leaking fuel may have built up pressure in a cavity above the engine firewall. Fire suppression will be added to the area, with increased venting and double-checking for leaks, he said via X.

The 400-foot rocket had thundered away in late afternoon from Boca Chica Beach near the Mexican border. The late hour ensured a daylight entry halfway around the world in the Indian Ocean. But the shiny retro-looking spacecraft never got nearly that far.

SpaceX had made improvements to the spacecraft for the latest demo and added a fleet of satellite mockups. The test satellites were the same size as SpaceX’s Starlink internet satellites and, like the spacecraft, were meant to be destroyed upon entry.

Musk plans to launch actual Starlinks on Starships before moving on to other satellites and, eventually, crews.

It was the seventh test flight for the world’s biggest and most powerful rocket. NASA has reserved a pair of Starships to land astronauts on the moon later this decade. Musk’s goal is Mars.

Hours earlier in Florida, another billionaire’s rocket company — Jeff Bezos’ Blue Origin — launched the newest supersized rocket, New Glenn. The rocket reached orbit on its first flight, successfully placing an experimental satellite thousands of miles above Earth. But the first-stage booster was destroyed, missing its targeted landing on a floating platform in the Atlantic.

Houston private equity firm beats target on first investment fund

fresh funds

Houston-based private equity firm Sallyport has raised $160 million for its first investment fund, exceeding the target amount by $10 million.

The Sallyport Partners Fund focuses primarily on investments in founder- and family-owned businesses, corporate carve-outs and startups in various industries.

The firm’s chairman, Doug Foshee, seeded the fund. He and managing partners Kyle Bethancourt and Ryan Howard started the firm in 2023.

“Sallyport Partners Fund was created to utilize the proven processes our team has developed over time to generate value for like-minded investors on a larger and more impactful scale,” Foshee says in a news release.

Investors in the Sallyport fund include entrepreneurs, business executives and influential Texas families. Aside from Foshee, names of the fund’s investors weren’t disclosed.

“We are deeply committed to working hand-in-hand with management teams to drive transformative growth and generate long-term value,” says Bethancourt. “Our operational capabilities are forged from decades of firsthand experience leading, investing in, and building thriving businesses from the ground up. We have a unique appreciation for the management team’s perspective because we’ve been in their shoes.”

Those shoes have covered some pretty impressive ground:

  • Foshee is former chairman, president, and CEO of Houston-based El Paso Corp., which owned and operated a 44,000-mile natural gas pipeline network. In 2012, El Paso merged with Houston-based pipeline company Kinder Morgan in a multibillion-dollar deal.
  • Before Sallyport, Bethancourt was a vice president in the credit division of Blackstone, an investment powerhouse with more than $1 trillion in assets under management. Earlier, he worked at D.E. Shaw & Co., a New York City-based hedge fund with more than $65 billion in assets under management.
  • Before Sallyport, Howard worked at Platform Partners, a Houston-based private equity firm. Earlier, he worked for the natural resources arm of investment banking giant Goldman Sachs.