10+ can't-miss Houston business and innovation events for August

Where to be

From startup competitions to thought-provoking talks, here's where you need to be in August. Getty Images

If you subscribe to the idea that your net worth is your network, then here's your guide to networking this month in Houston's innovation ecosystem. August has meetups, pitch nights, and networking aplenty.

If you know of innovation-focused events for this month or next, email me at natalie@innovationmap.com with the details andsubscribe to our daily newsletterthat sends fresh stories straight to your inboxes every morning.

August 1 — Sixth Annual Bayou City Startup Showcase

Rice University's OwlSpark and University of Houston's RED Labs are coming together again for a startup pitch and showcase — this time in The Cannon's new building.

Details: The event is from 3 to 5:30 pm on Thursday, August 1, at The Cannon/Bayou City Fellowship (1400 Brittmoore Road). Learn more.

August 6 — Houston Unfiltered with Jeff Garoon, COO of FlowCommand

Station Houston has rebooted its Open Coffee series to Houston Unfiltered. Each month has a new speaker, and in August, startups can hear from Jeff Garoon, COO of FlowCommand.

Details: The event is from 8 to 9 am on Tuesday, August 6, at Station Houston (1301 Fannin Street, #2440). Learn more.

August 6 — Managing Your Sales Function 

Capital Factory's next Houston Founder's Academy installation is focused on sales.

Details: The event is from noon to 2 pm on Tuesday, August 6, at The Cannon (1336 Brittmoore Road). Learn more.

August 7 — Deep 6 AI: Advancing Clinical Research @ TMC

Imagine knowing every patient you want to recruit on day 1 of your trial. Doug Cassidy, vice president of Clinical and Academic Research at Deep 6 AI, explains how Deep 6 AI can help you find more better matching patients for trials in minutes, not months.

Details: The event is from 4:30 to 5:30 pm on Wednesday, August 7, at Third Coast Restaurant (6550 Bertner Avenue, 6th Floor). Learn more.

August 8 — Summer Salon: Broadband Internet Access & Digital Inclusion

The Center for Houston's Future is hosting a fireside chat to focus on all things digital.

Details: The event is from 6:30 to 8:30 pm on Thursday, August 8, at the Omni Houston Hotel (4 Riverway). Learn more.

August 13 — Entrepreneurship Burn-out: The Power of Nutrition Psychology

Entrepreneurs are creative, highly driven, and high-performing individuals. But in the pursuit of success, entrepreneurs often neglect their health. Our guest speaker will share practical tips/advice for entrepreneurs to prioritize nutrition to prevent burnout and/or help in the recovery process.

Details: The event is from 5:30 to 7:30 pm on Tuesday, August 13, at Impact Hub Houston #PopHUB @HX (410 Pierce Street). Learn more.

August 15 — SPE Talk: The Energy Dot

This inaugural digital innovation event will combine oil and gas, academia, and Silicon Valley innovation with multiple tracks of engaging programming.

Details: The event is from 8 am to 5 pm on Thursday, August 15, at Midtown Arts and Theatre Center (3400 Main Street). Learn more.

August 17 — Enventure Basecamp - Business Building Workshop

Basecamp is an inclusive environment for those who are interested in adapting their life science experiences to real business applications. All are welcome, and the event is free.

Details: The event is from 9 am to noon on Saturday, August 17, at the TMC Innovation Institute (2450 Holcombe Blvd). Learn more.

August 17 — re:3D's sixth birthday, discount print day, and design contest

re:3D is turning six, but the party is actually for you. Discount printing, plus a contest with $100 credit on the line.

Details: The event is from 10 am to 2 pm on Saturday, August 17, at re:3D Houston HQ (1100 Hercules Ave, STE 220). Learn more.

August 22 — TMCxAlpha: August meeting with Ashok Gowda

TMC alpha provides a pathway for any innovator affiliated with a TMC member institution to find support for the development and commercialization of their idea or product. Lunch and parking validation will be available.

Details: The event is from noon to 1 pm on Thursday, August 22, at the TMC Innovation Institute (2450 Holcombe Blvd). Learn more.

August 22 — Federal Funding 101 Introduction to the SBIR

This program is purpose-made to provide seed money of up to $1.5M to small businesses to enable them to break into the market. Following the workshop, Inspiralia experts will be available for one-on-one technology validation meetings.

Details: The event is from from 3 to 7 pm on Thursday, August 22, at the CUBIO Innovation Center (7707 Fannin St., Ste 200). Learn more.

August 28 — Enventure Biodesign Workshops

Biodesign workshops is a free course designed to provide new entrepreneurs with an understanding of the innovation process, teaching them how to evaluate a life science technology as the basis for starting a new business. Whether you're an engineer, scientist, physician, or business expert, this class will bring you up to speed on the medical innovation process.

Details: The event is from 6 to 8 pm on Wednesday, August 28, at the TMC Innovation Institute (2450 Holcombe Blvd). Learn more.

​August 29 — The Greenlight Guru True Quality Roadshow

Enjoy specially selected drinks, hors d'oeuvres, and intimate networking with medical device professionals. Finish the night hearing from leaders in the industry.

Details: The event is from 4:30 to 6:30 pm on Thursday, August 28, at the JLABS @ TMC (2450 Holcombe Blvd). Learn more.

From enlightening talks to networking opportunities, here's where you need to be in July. Getty Images

10+ can't-miss Houston business and innovation events for July

Where to be

If you were hoping that business events would slow down for the summer, keep hoping. While you're probably getting plenty of OOO emails during your daily communications, there's no shortage of face-to-face opportunities within Houston business and innovation.

If you know of innovation-focused events for this month or next, email me at natalie@innovationmap.com with the details andsubscribe to our daily newsletterthat sends fresh stories straight to your inboxes every morning.

July 3 — Is Venture Capital Right for My Business?

Venture Capital is a path that every startup has to evaluate. In this panel-led event the intent is to form a foundation for answering the question: "Is VC right for me?"

Details: The event is from noon to 1:30 pm on Wednesday, July 3 at Station Houston (1301 Fannin Street, #2440). Learn more.

July 10 — Smart Cities: How Smart is Houston?

The Center for Houston's Future presents this event with support from graduates of its Leadership Forum program and in partnership with Station Houston, City of Houston's Innovation Office, and Houston Exponential.

The City of Houston is using data and emerging technology to improve the quality of life for citizens, share information with the public, drive economic growth and build a more inclusive society. Two key Smart City initiatives will be discussed at the event, one focused on transportation and one focused on resiliency and sustainability.

Details: The event is from 7:30 to 9:30 am on Wednesday, July 10, at Station Houston(1301 Fannin Street, #2440). Learn more.

July 10 — Social Advertising 101: Training by The Black Sheep Agency

Learn the basics of Facebook and Instagram advertising as Black Sheep professionals walk through the best type of #ad for your campaign! The team will also talk you through formulating a budget, targeting your audience, optimizing your efforts, and other creative options to execute your social advertising needs.

Details: The event is from 5:30 to 7:30 pm on Wednesday, July 10, at Impact Hub Houston #PopHUB @HX (410 Pierce Street). Learn more.

July 11 — Startup Pains: What I Wish I Knew

This monthly series hosted by the University of Houston lets you learn from someone else's mistakes and successes. This month's speaker is Carlos Genty, CEO & CTO of Critical X Solutions.

Details: The event is from 4 to 5 pm on Thursday, July 11, at the UH Technology Bridge (Innovation Center, building 4, floor 2, 5000 Gulf Fwy). Learn more.

July 13 — Enventure Basecamp - Business Building Workshop

Basecamp is an inclusive environment for those who are interested in adapting their life science experiences to real business applications. All are welcome, and the event is free.

Details: The event is from 9 am to noon on Saturday, July 13, at the TMC Innovation Institute (2450 Holcombe Blvd). Learn more.

July 15 — Enventure Innovation Stories: Dan Harrington, PhD (Polyvascular)

Enventure welcomes Daniel Harrington, PhD for its Innovation Stories speaker series. Dr. Harrington is a co-founder and the chief scientific officer of Polyvascular, and an assistant professor at UTHealth.

Details: The event is from 6 to 8:30 pm on Monday, July 15, at the CUBIO Innovation Center(7707 Fannin St.). Learn more.

July 16 — Is My Idea Lucrative? A Small Business Success Series Workshop

Figure out if whether your business idea is crazy — or perhaps just crazy enough to work. Featured presenters include Ned Mueller, entrepreneur in residence at HCC Center for Entrepreneurship - Southeast, and Austin Tenette is a certified business coach with the Focal Point Coaching organization.

Details: The event is from 8:30 am to 4:30 pm on Tuesday, July 16, at the HCC Alief Hayes (2811 Hayes Road). Learn more.

July 16 — GCxN Clean Tech Start-up Pitch Competition

The Shell GameChanger AcceleratorTM Powered by NREL, GCxN, is a collaboration between Shell and the National Renewable Energy Lab to identify and advance the next generation of transformative energy technologies. GCxN addresses market gaps by providing clean tech startups with technical and business development support to move their technologies from early stage prototypes to commercially viable energy solutions.

Details: The event is from 3 to 8 pm on Tuesday, July 16, at Station Houston (1301 Fannin St., suite 2440). Learn more.

July 16 — Workshop: Mastering the Brain Dump to Reduce Business Frustrations

Christina Wright, founder of WrightNow Results, will guide you through her method to help you get clear on — and develop a plan for — your biggest challenges surrounding business and managing "it all."

Details: The event is from 5:30 to 7:30 pm on Tuesday, July 18, at Impact Hub Houston #PopHUB @HX (410 Pierce Street). Learn more.

July 17 — Fuckup Nights Houston

Failure is a part of any success story, but we don't talk about it enough. We've all been to plenty of events where people tell you how they hacked, hustled, and created their success, but very few where someone gets up and says "I totally messed up, and this is what you can learn from it."

Details: The event is from 6 to 8 pm on Wednesday, July 17, at TBA. Learn more.

July 18 — Chancellor’s Technology Bridging Fund 2019 Launch Event

In an effort to support the University of Houston's mission of building a thriving culture around innovation and entrepreneurship amongst its faculty, staff and students, Chancellor Renu Khator has allocated $2 million into launching the Chancellor's Technology Bridging Fund (CTBF). This five-year proof-of-concept program is aimed to help our faculty inventors move their technologies closer to commercialization. Goals for the CTBF include prototyping, creating industry partnerships, and preparing for further funding.


Details: The event is from 5 to 7 pm on Thursday, July 18, at the UH Innovation Center(UH Technology Bridge, Building 4, Floor 2, 5000 Gulf Fwy). Learn more.

July 18 — TMCx alpha Opening Event

TMC alpha provides a pathway for any innovator affiliated with a TMC member institution to find support for the development and commercialization of their idea or product. The program will run every third Thursday (apart from where this conflicts with another function/holiday/etc.) from noon to 5 PM. Lunch and parking validation will be available.

Details: The event is from noon to 5 pm on Thursday, July 18, at the TMC Innovation Institute (2450 Holcombe Blvd. Suite, X, TMCx17 Board room). Learn more.

July 22 — TMC Biodesign Info Session

Do you want to start your own healthcare company? The TMC Biodesign Fellowship is a one-year paid innovation program that unites the talents of innovators and entrepreneurs with diverse backgrounds to quickly bring breakthrough healthcare products to market.

Details: The event is from 5 to 7 pm on Monday, July 22, at theTMC Innovation Institute (2450 Holcombe Blvd). Learn more.

July 25 — Managing Your Sales Function

Startups with a direct sales model have to evolve from founders doing all the sales to managing a sales function. Since revenue generation is on the line, the stakes are high and the punishment for mistakes are even higher. This supplement to the quarterly Founders Academy boot camp focuses on establishing and effectively managing the sales function for an early stage company.

    Details: The event is from 2 to 4 pm on Thursday, July 25, at The Cannon (1334 Brittmoore Road). Learn more.

    July 30 — Open Project Night with Impact Hub Houston and Sketch City

    Connect and collaborate with real, passionate people who are working on projects, ventures, and collaborations to improve to the city of Houston. If you have an idea, are working on something, or are looking for ways to collaborate with people who are doing work at the intersection of innovation and impact this event is for you.

    Details: The event is from 6 to 8 pm on Tuesday, July 30, at The Black Sheep Agency (611 West 22nd Street). Learn more.

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    Power grid tech co. with Houston HQ raises $25M series B

    money moves

    A Norway-based provider of technology for power grids whose U.S. headquarters is in Houston has raised a $25 million series B round of funding.

    The venture capital arm of Polish energy giant Orlen, Norwegian cleantech fund NRP Zero, and the Norway-based Steinsvik Family Office co-led Heimdall Energy's round. Existing investors, including Investinor, Ebony, Hafslund, Lyse, and Sarsia Seed, chipped in $8.5 million of the $25 million round.

    “This funding gives us fuel to grow internationally, as we continue to build our organization with the best people and industry experts in the world,” Jørgen Festervoll, CEO of Heimdall, says in a news release.

    Founded in 2016, Heimdall supplies software and sensors for monitoring overhead power lines. The company says its technology can generate up to 40 percent in additional transmission capacity from existing power lines.

    Heimdall entered the U.S. market in 2023 with the opening of its Houston office after operating for several years in the European market.

    “Heimdall Power has built itself a unique position as an enabler for the ongoing energy transition, with fast-increasing electricity demand and queues of renewables waiting to get connected,” says Marek Garniewski, president of Orlen’s VC fund.

    Heimdall says it will put the fresh funding toward scaling up production and installation of its “magic ball” sphere-shaped sensors. In the U.S., these sensors help operators of power grids maximize the capacity of the aging power infrastructure.

    “In the United States alone, there are over 500,000 miles of power lines — most of which have a far higher transmission capacity than grid operators have historically been able to realize. To increase capacity, many have launched large-scale and expensive infrastructure projects,” Heimdall says.

    Now, the U.S. government has stepped in to ensure that utilities are gaining more capacity from the existing infrastructure, aiming to upgrade 100,000 miles of transmission lines over the next five years.

    Heimdall's technology enables grid operators and utilities to boost transmission capacity without undertaking lengthy, costly infrastructure projects. Earlier this year, the company kicked off the largest grid optimization project in the U.S. with Minnesota-based Great River Energy.

    Houston energy data SaaS co. partners with trading platform

    team work

    In an effort to consolidate and improve energy data and forecasting, a Houston software company has expanded to a new platform.

    Amperon announced that it has expanded its AI-powered energy forecaststoSnowflake Marketplace, an AI data cloud company. With the collaboration, joint customers can seamlessly integrate accurate energy forecasts into power market trading. The technology that Amperon provides its customers — a comprehensive, AI-backed data analytics platform — is key to the energy industry and the transition of the sector.

    “As Amperon continues to modernize energy data and AI infrastructure, we’re excited to partner with Snowflake to bring the most accurate energy forecasts into a single data experience that spans multiple clouds and geographies," Alex Robart, chief revenue officer at Amperon, says in a news release. "By doing so, we’re bringing energy forecasts to where they will be accessible to more energy companies looking to increase performance and reliability."

    Together, the combined technology can move the needle on enhanced accuracy in forecasting that strengthens grid reliability, manages monetary risk, and advances decarbonization.

    “This partnership signifies Amperon’s commitment to deliver world-class data-driven energy management solutions," Titiaan Palazzi, head of power and Utilities at Snowflake, adds. "Together, we are helping organizations to easily and securely access the necessary insights to manage risk and maximize profitability in the energy transition."

    With Amperon's integrated short-term demand and renewables forecasts, Snowflake users can optimize power markets trading activity and manage load risk.

    "Amperon on Snowflake enables us to easily integrate our different data streams into a single unified view," Jack Wang, senior power trader and head of US Power Analysis at Axpo, says. "We value having complete access and control over our analytics and visualization tools. Snowflake allows us to quickly track and analyze the evolution of every forecast Amperon generates, which ultimately leads to better insights into our trading strategy."

    Amperon, which recently expanded operations to Europe, closed a $20 million series B round last fall led by Energize Capital and tripled its team in the past year and a half.

    In March, Amperon announced that it replatformed its AI-powered energy analytics technology onto Microsoft Azure.

    Learn more about the company on the Houston Innovators Podcast episode with Sean Kelly, co-founder and CEO of Amperon.

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    This article originally ran on EnergyCapital.

    Rice research on bond and stock market differences, earnings variations

    houston voices

    At the end of every quarter, publicly traded companies announce their profits and losses in an earnings report. These updates provide insight into a company’s performance and, in theory, give investors and shareholders clarity on whether to buy, sell or hold. If earnings are good, the stock price may soar. If they’re down, the price might plunge.

    However, the implications for the stock price may not be immediately clear to all investors. In the face of this uncertainty, sellers will ask for high prices, and buyers will offer low ones, creating a significant “bid-ask spread.” When this happens, it becomes more costly to trade, and the stock becomes less liquid.

    This is a well-documented effect on equity stock markets. However, according to research by Stefan Huber (Rice Business), Chongho Kim (Seoul National University) and Edward M. Watts (Yale SOM), the corporate bond market responds differently to earnings news. This is because bond markets differ from stock markets in a significant way.

    Stocks v. Bonds: What Happens When Earnings Are Announced?

    Equities are usually traded on centralized exchanges (e.g., New York Stock Exchange). The exchange automatically queues up buyers and sellers according to the quote they’ve entered. Trades are executed electronically, and the parties involved are typically anonymous. A prospective buyer might purchase Microsoft shares from someone drawing down their 401(k) — or they could be buying from Bill Gates himself.

    Corporate bond markets work differently. They are “over-the-counter” (OTC) markets, meaning a buyer or seller needs to find a counterparty to trade with. This involves getting quotes from and negotiating with potential counterparties. This is an inherent friction in bond trading that results in much higher costs of trading in the form of wider bid-ask spreads.

    Here’s what Huber and his colleagues learned from the research: Earnings announcements prompt many investors to trade. And on OTC markets, potential buyers and sellers become easier to find and negotiate with.

    A Stronger Bargaining Position for Bonds

    According to Huber, “When earnings information comes out, a lot of people want to trade. In bond markets, that makes it much easier to find someone to trade with. The more options you have to trade, the stronger your bargaining position becomes, and the lower your trading costs go.”

    He compares the process to shopping in a market with a flexible approach to pricing.

    “Let's say you're at a farmers market and you want to buy an apple,” Huber says. “If there is only one seller, you buy the apple from that person. They can ask for whatever price they want. But if there are multiple sellers, you can ask around, and there is potential to get a better price. The price you get depends on the number of options you have in trading partners.”

    What’s at Stake?

    Although bonds receive less attention than equities, the stakes are high. There is about $10 trillion in outstanding corporate debt in the U.S., and more than $34 billion in average daily trading volume.

    A detailed record of bond trades is available from the Financial Industry Regulatory Authority (FINRA), which requires that trades be reported via their Trade Reporting and Compliance Engine (TRACE).

    The study from Huber and co-authors uses an enhanced version of TRACE to examine trades executed between 2002 and 2020. The team analyzed the thirty-day periods before and after earnings announcements to gather data about volume, bid-ask spreads and other measures of liquidity.

    They find that, like on the stock market, there are more investors and broker-dealers trading bonds around earnings announcements. However, unlike on the stock market, transaction costs for bonds decrease by 6 to 7 percent in the form of bid-ask spreads.

    What Sets This Research Apart?

    “Taking a purely information asymmetry-based view would predict that what happens to stock liquidity would also happen to bonds,” Huber says. “A piece of information drops, and some people are better able to work with it, so others price protect, and bid-ask spreads and the cost of trading go up.”

    “But if you consider the search and bargaining frictions in bond markets, you get a more nuanced picture. While information asymmetry increases, like it does on stock markets, the information prompts more investors into bond trading, which makes it easier to find counterparties and get better transaction prices. Consequently, bid-ask spreads go down. This search and bargaining friction does not really exist on equities exchanges. But we cannot ignore it in OTC markets.”

    As corporate debt markets continue to grow in importance, it will become crucial for investors and regulators to understand the nuanced factors influencing their liquidity. This study provides a solid foundation for future research.

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    This article originally ran on Rice Business Wisdom. For more, see “Earnings News and Over-the-Counter Markets.” Journal of Accounting Research 62.2 (2024): 701-35.

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