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If Silicon Valley is experiencing a tech exodus, what does that mean for growing startup hubs like Houston?

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Reports find that more and more tech companies are leaving the bustling Silicon Valley. But where exactly are they going? Miguel Tovar/University of Houston

It started with prunes. Long before Silicon Valley was the innovation capital of the world, it was a giant valley of fruit trees and verdant hills. The primary crop in the then called Santa Clara Valley was the French plum, which was sun-dried to turn into the valley's most popular export and métier: prunes.

By the late 19th century, the Industrial Revolution had produced myriad millionaires, billionaires by the boatload and tons of tycoons. Among them was Leland Stanford, a railroad king. Stanford owned an 8,100-acre ranch in Santa Clara Valley near Palo Alto. That's where he founded and established Stanford University. It was also here that the region transformed into the valley of technology known today as Silicon Valley.

In 1925, Stanford alum Frederick Terman, considered the father of Silicon Valley, returned to teach radio engineering. Over the next decade, Terman noticed something quite concerning. He recognized that Stanford produced elite, highly-educated grads who continually opted to leave town for jobs in New York City. Terman expressed his desire for Stanford alumni to stay in the valley to grow the region's business sector and feed the local economy. The first company to heed this advice was Hewlett-Packard.

Terman encouraged Stanford grads William Hewlett and David Packard to partner up and thus, we saw the first ever "garage-startup" born. Anon this historic partnership, more alumni and faculty at Stanford began to found their own companies in the valley. Soon, a massive network of companies was formed, bound by their shared connection with the university. Terman had essentially built a pipeline through which Stanford grads poured into the valley, a process that is still in full swing today.

In a sense, Silicon Valley was the first academic incubator. One that is stronger than ever today. Or is it?

The great tech-xodus?

According to The Economist, "[In 2018,] more Americans left the county of San Francisco than arrived. According to a recent survey, 46 percent of respondents say they plan to leave the Bay Area in the next few years, up from 34 percent in 2016. So many startups are branching out into new places that the trend has a name, 'Off Silicon Valleying.'"

Business Insider's Melia Robinson writes, "Silicon Valley is on the brink of an exodus" and that "the tech elite are abandoning Silicon Valley in droves."

More tellingly, Kevin Roose wrote in his New York Times article "Silicon Valley Is Over, Says Silicon Valley," that "This isn't a full-blown exodus yet. But in the last three months of 2017, San Francisco lost more residents to outward migration than any other city in the country."

Roose followed 12 venture capitalists on a bus trip throughout the heartland. They were looking for hot startups in lesser-visited areas of America. The venture capitalists were in awe of how inexpensive the home prices were in the Midwest compared to the Bay Area. To add to this, a public-relations firm named Edelman conducted a survey of 500 residents in the Bay Area and found that almost half of all Bay Area residents "said they would consider leaving California because of the cost of living."

Moreover, Eric Rosenbaum wrote in his CNBC article "Silicon Valley Edged Out: Google Employees Aren't the Only Ones Walking Away From Elite Tech Headquarters," that "Silicon Valley is not about to lose its dominant position as the home of billion-dollar technology start-ups and hub for top talent, but there are a growing number of reasons why more workers and new companies are choosing other cities, far from San Francisco."

The common theme in most of the aforementioned articles is that the reason behind this mini-exodus is the high cost of living in the Bay Area. The Economist states that "young startups pay at least four times more to operate in the Bay Area than in most other American cities."

Aside from the cost of living, one often-cited reason why entrepreneurs leave the Valley is groupthink. Again, The Economist sheds light on this stating that, "The Valley does many things remarkably well, but it comes dangerously close to being a monoculture of white male nerds. Companies founded by women received just 2 percent of the funding doled out by venture capitalists last year (2017)." Entrepreneur Tim Ferriss told Business Insider that the tech scene in Silicon Valley can be brutal for people who deviate from the political echo chamber. After ten years in the Valley, Ferriss moved to Austin in 2017. Business Insider also tells the account of Peter Thiel, a billionaire-investor who was all but ostracized from Silicon Valley because of his support for President Donald Trump. He told Insider that "Network effects are very positive things, but there's a tipping point where they fall over into the madness of crowds."

Even if not quite an exodus, there are many accounts like the aforementioned that point to the fact that startups are indeed looking for greener pastures. Just where are these greener pastures? They are located in the business districts and technology parks that are smaller versions of Silicon Valley in cities all over the country. However, one green pasture in particular has taken the startup world by storm in recent years: the rise of the academic incubator.

A tech-splosion of university parks

"In recent years, there has been a substantial increase in public and private investment in university research parks (URPs). URPs are important as an infrastructural mechanism for the transfer of academic research findings, as a source of knowledge spillovers, and as a catalyst for national and regional economic growth," wrote Albert N. Link and John T. Scott in the highly regarded journal Oxford Review of Economic Policy, in their article "The economics of university research parks."

One of the biggest reasons universities have become hotbeds for tech startups is that campuses provide a means for people with multidisciplinary backgrounds to intermingle within the same space. A mechanical engineering student with a great idea might meet an MBA during a startup launch party. Together they can build and market their time-traveling DeLorean, or whatever actually-realistic idea the student has.

In essence, academic incubators are courting tech entrepreneurs because universities offer an ecosystem designed to support and grow startups from conception to commercialization. This ecosystem includes a space where researchers, faculty and students of all disciplines interact and form working relationships. In many cases, it also includes university owned equipment and laboratories for use by startup researchers.

"I feel that organizations working to commercialize university IP realize a great source of off-the-shelf technology that small businesses can use to either augment their own offerings or exploit something not currently found in the marketplace," said Michael Tentnowski, the director of entrepreneurship for Innovation Park of Tallahassee.

"Basically, the potential business can work with university staff to perfect, enhance or create new versions of various innovations to appeal to consumer demands. Taking the technology risk out of the equation helps new businesses focus on customer discovery and market penetration," Tentnowski explained.

Faye Liu, founder and CEO of RevoChem, a hot startup that recently launched out of UH's Technology Bridge, expressed that "one key benefit is the easy access to great talents and research resources from both students, researchers and professors from the university with flexibility."

Liu goes on to explain, "We have successfully hired multiple UH students and alumni through internships to work full time. We have also sponsored UH research that is relevant to our work which is a win-win for both of us."

It is true that universities position aspiring entrepreneurs to network with the right people for building their company from the ground up. Even the Innovation Leadership Forum attests that innovation is born when different ways of thinking clash.

"Providing a high-density area for collisions between thoughts and ideas to occur is driving innovation. Our urban location – adjacent to a Tier One research university – provides the chance for success to increase exponentially," said Carrie Roth, the president and CEO of Virginia Bio Tech Park.

"Our experience demonstrates that startups come here for a competitive advantage – and that is being in an environment where they can keep costs lower and accelerate their startup," she continued.

Academic incubators exude a different aura from non-academic parks. There's a certain sense of prestige they carry because they are based in universities. Perhaps it is the idea of working with professors and using university labs and equipment that resonates. "University research parks offer the opportunity for startups to be at the nexus of technology, talent and opportunities. The UH Technology Bridge, for example, offers a unique setting where companies from a broad range of technology areas can come together and have access to a variety of different resources, including wet lab space," explained Christopher Taylor, the executive director of University of Houston's Office of Technology Transfer and Innovation.

"Locating in a research park near a major university offers startups a chance to engage and collaborate with academic researchers in their field and leverage the vast talent pool of students through internships and part-time employment to develop their technology and grow their company," Taylor proceeded.

Yes, it is no wonder that so many entrepreneurs are choosing to leave Silicon Valley. They actually have options now. There are a ton of alternatives available all over the country now that are just as "top tier" as Silicon Valley, without the drawbacks of living there. Chief among these alternatives are academic incubators. The explosion of university investment in these tech parks has opened, nay, kicked down, the door for startup founders looking to venture outside of the Bay Area.

Say what you will about the mini-exodus from Silicon Valley. The high cost of living, the echo chamber and political groupthink, the lack of diversity. All valid points. But one thing is for certain, there are no academic incubators today without Silicon Valley. Its influence on modern tech parks may be taken for granted, but it is real.

It was once said that as gigantic and unfathomably massive as the sun is, it still manages to gently reach out with its light, millions of miles away, to ripen a vine of grapes as if it had nothing better to do. That's how Silicon Valley's influence is felt. Except instead of ripening grapes, it's drying plums. And today, academic and non-academic incubators merely operate in its shadow. The shadow of the valley of tech.

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This article originally appeared on the University of Houston's The Big Idea. Rene Cantu, the author of this piece, is the writer and editor at UH Division of Research.
Beyoncé's dad is teaching a must-attend music business class. Photo courtesy of Mathew Knowles

University of Houston music business course to be taught by Mathew Knowles

DESTINY'S DAD WILL SCHOOL YOU

Ever notice how Beyoncé's hair magically flows as if a fan follows her around everywhere she goes? That's not an accident. That attention to image micro-detail is preached by her father, Mathew Knowles, who created Destiny's Child and Music World Entertainment, the label and production company that boasts two of the top-selling superstars of the previous decade.

Now, music mogul Knowles is sharing his considerable knowledge in a new, 15-week virtual master class at the University of Houston's C.T. Bauer College of Business, running from January 25, 2021 to May 10, 2021. Knowles teases that there will be star-caliber guest instructors and appearances. The $3,000 virtual class is limited to 35 students but open to all who are able to register. (UH students and recent alumni can pay a discounted rate of $1,000.)

"I want to change the way we do things in the music business," Knowles says on a Zoom call. "Unfortunately, we have a very high failure rate [in the music industry]. Part of the reason we have this much failure is the business acumen of the team around the artists. It's not their talent. It's their team."

He hopes to change that with the class, dubbed "The Music Industry and the Digital Age." The class isn't specifically for aspiring artists, but aimed at those "behind the microphone," says Knowles. "Some people will be managers. Others will be independent record labels. Others will be in marketing. Artists will be part of this that would like to know business side of this."

Knowles is one of Houston's great success stories. Once a successful executive at Xerox, he recognized that his daughter, Beyoncé, had extraordinary music talent. He created Destiny's Child, held what he called "music bootcamps" at his home, and took night classes in entertainment management at Houston Community College.

From there, he founded his Music World Entertainment empire in 1992 in a Third Ward house, which mirrored his faraway mentor, Quincy Jones, who ensured every aspect of Motown's operation was all under one roof. Knowles would then become one of the most respected business minds in the music industry; he's taught at Texas Southern University; scored a PhD, and crafted management degrees for other schools. His empire boasts more than 100 award-winning albums and an MTV Video Music Award.

But that success, knowledge, and experience came with trial, error, and considerable money lost. "I wish someone had told me, 'Look, you need to really focus on getting the business acumens of the music industry down,'" he says.

That said, even with Destiny's dad's name attached, students shouldn't expect a get-famous-quick lottery ticket path to success with this class. "They think they can go from zero to a hero," Knowles says of that mindset. "This is not a microwave industry. I always say there is a price of admission to the music industry."

Sign us up. Memo to Professor Knowles: May we request guest lectures by Houston royalty Queen Bey and Lizzo?

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This article originally ran on CultureMap.
UH has launched its Tech Map, which visualizes startup and innovation activity across the city. Photo via Getty Images

University of Houston launches interactive map of the city's innovation ecosystem

introducing tech map

The greater Houston area spans 9,444 square miles — an area larger than the entire state of New Jersey — and the question was never if Houston's sprawl was going to affect interaction between startups, resources, and opportunities, but how to overcome these physical challenges with digital solutions. The latest of which has launched out of the University of Houston's Technology Bridge.

The Tech Map — an interactive, embeddable visualization that takes data about startups and other innovation players and compiles it into a map of entrepreneurial activity in the Houston area — has officially launched with hundreds of startups represented already.

"This kind of tool — it really tells you where innovation is happening, it's not just in the startup development organizations," says Lindsay Lewis, executive director of communications for the UH Division of Research. "It's amazing to see that it's happening all over the city."

The tool, which is free to embed and available to anyone, is already live on Houston Exponential's homepage and the city of Houston's Innovation Portal. It's comprised of data submitted by startup development organizations, self-submitted information, and research by the Tech Bridge's team.

To be represented on the map, click here.

Lewis stresses the importance of creating the tool in a collaborative way, which is why bringing on partners and their databases was so key. The tool isn't designed in Cougar Red or predominantly feature UH-based startups or anything. The Tech Map isn't meant to rock the boat of what any other organization is doing, rather just visually represent the goings on.

"For us, it was a balance between trying to show the story of Houston and where innovation is happening and aggregating, but what we didn't want to do was be a replacement. We wanted this to be a resource for an individual starting point," says Chris Taylor, executive director for the Tech Bridge. "The biggest challenge for most people is you really don't know where to start."

This year has been one for digital tools focused on better portraying Houston's innovation ecosystem. This summer, Houston Exponential launched the HTX TechList to virtually connect startups, mentors, investors, and other movers and shakers in Houston. The two entities are collaborative — HTX TechList's data is even involved in the Tech Map.

"There was a need for connection," Taylor says. "Since 2013 when I got here, that's always been a challenge and a hurdle. How do we connect all these different stakeholders in a way that's meaningful."

While the map is launched and ready to be used, it's only the beginning for it as it grows its data and adds new features.

"We're not done with this map — this is just the 1.0 version," Lewis says. "We're meeting to talk about next-step functionalities and where we are going to take it."
UH and a local company are developing a new COVID-19 vaccine. Photo by Getty Images

University of Houston partners with local company to develop cutting-edge COVID vaccine

COOGS TACKLE COVID

A major Houston university has taken a big leap in the race to battle debilitating diseases such as COVID-19. The University of Houston has entered into an exclusive license option agreement with AuraVax Therapeutics Inc., a Houston-based biotech company developing novel vaccines against aggressive respiratory diseases such as coronavirus, according to a press release.

This means AuraVax has the option to exclusively license a new intranasal COVID-19 vaccine technology developed by Navin Varadarajan, an M.D. Anderson professor of chemical and biomolecular engineering. Varadarajan is a co-founder of AuraVax.

The vaccine is a nasal inhalant, much like FluMist. Based on pre-clinical experimentation, Varadarajan reports his technology not only elicits a mucosal immune response, but also systemic immunity, according to UH.

"We plan to stop COVID-19, a respiratory virus, at its point of entry — the nasal cavity — and we believe our intranasal platform is a differentiated approach that will lead to a vaccine with increased efficacy to create sustained immunity to COVID-19," said Varadarajan in a statement.

So how does it work? Varadarajan is utilizing the spike protein, which helps the virus enter the target cell, and is the major target for neutralizing antibodies as it binds to the ACE 2 cellular receptor, for virus entry. The professor prefers using proteins because of their ability to induce strong immune responses, flexibility and scalability, and the absence of infectious particles, per UH.

Varadarajan's company, AuraVax, has created a next-generation vaccine platform that combines the potential of in-home administration with the ability to deliver complete immunity. The technology has been validated for COVID-19 in initial animal studies and results in immunity measured by both B-cell and T-cell responses.

"We believe AuraVax has a competitive advantage given the immune responses and a supply chain that is well-suited for widespread distribution and self-administration distribution," said Varadarajan. "We are excited to be collaborating with the University of Houston and look forward to future success by advancing the development of this novel intranasal vaccine technology to address a multitude of respiratory viruses, starting with COVID-19."

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This article originally ran on CultureMap.
This week's innovators to know in Houston includes Tim Neal of GoExpedi, Shay Curran of UH, and Arun Gir of iEducate. Photos courtesy

3 Houston innovators to know this week

Who's who

Editor's note: In today's Monday roundup of Houston innovators, I'm introducing you to three gentlemen representing a diverse set of industries — from nanotech and higher education to industrial e-commerce and education.

Tim Neal, CEO of GoExpedi

Tim Neal, CEO of Houston-based GoExpedi, shares how his company plans to scale following its recent series C closing. Photo by Colt Melrose for GoExpedi

Timing is everything, and Tim Neal says it's been a key factor in his company's success. GoExpedi acts as an Amazon of industrial business, basically. Just as the e-commerce platform has made online ordering easy, trackable, and fast, so has GoExpedi for industrial parts. And, thanks to companies like Amazon and on-demand ordering in general, this type of fast and reliable service is what everyone expects now.

"The labor pool in the oil and gas space in particular — 50 percent of it turn it over. Now you're no longer having these tradesmen who are 60-plus years old and walking encyclopedias. You have a younger workforce that's used to buying on eCommerce and their daily life. So, it's helping them by technical parts in a not technical way," Neal says in a Q&A with InnovationMap. "We just had a pool of clients who were more tech native and who had more familiarity with transacting online." Click here to read more.

Seamus Curran, CEO and founder of Integricote

University of Houston professor and entrepreneur, Seamus Curran, has pivoted amid the pandemic to use his nanotechnology expertise to help reduce the spread of COVID-19. Photo courtesy of Integricote

Seamus Curran's life went from juggling teaching, research, and running his startup from early morning to late at night every day to working and teaching from home when the pandemic hit. He started looking into the virus and realized his nanotechnology actually has a real application in protecting people. First, he started coating masks. Lately he's been working on a new line of protection.

"The big thing for me when we were shut down was that people couldn't go to work or school. The country can't live that way — but you can't send people back to work in a world that's not safe," Curran says in this week's episode of the Houston Innovators Podcast. "How do you create a safer environment? That's the thing that really got me going in the beginning in the summer. We looked at filters." Click here to read more and stream the episode.

Arun Gir, CEO of iEducate

Houston-based iEducate is connecting local tutors and mentors to students. Photo courtesy of iEducate

Now more than ever, young students need hands-on instruction to keep up in their studies, which for so many still are being conducted virtually. iEducate engages student mentors from the nearby University of Houston education program and graduating Alief ISD high school students to work alongside teachers to ensure that every child has the academic support needed to achieve their full potential.

"We are building on our unique range of educational support services that we have provided over the past to help schools advance student learning in these uncertain times," says Arun Gir, CEO of iEducate.

Gir says the coronavirus pandemic and the subsequent school closings have forced iEducate to adapt, just like many other teachers and educators. For the first time, they are offering a needs assessment to any school that is interested in working with them. Click here to read more.
These are the latest COVID-19-focused research projects happening at Houston institutions. Photo via Getty Images

3 Houston research groups dive into game changing COVID-19 projects

Research roundup

Researchers across Houston are working on COVID-19 innovations every day, and scientists are constantly finding new ways this disease is affecting humankind.

Wastewater detection, mental illness effects, a software solution to testing — here's your latest roundup of research news in Houston.

Baylor College of Medicine working in a group to detect SARS-CoV2 in wastewater

A team of scientists are testing Houston wastewater for traces of SARS-CoV2. Photo by Dwight C. Andrews/Greater Houston Convention and Visitors Bureau

According to researchers at Baylor College of Medicine, who are working in partnership with the Houston Health Department and Rice University, testing the city's wastewater for SARS-CoV2 can help predict where outbreaks are likely to happen.

In May, researchers analyzed wastewater samples that were collected every week from 39 sites in the city and found traces of the virus. The research project was directed by Baylor microbiologist Dr. Anthony Maresso, director of BCM TAILOR Labs.

"This is not Houston's first infectious disease crisis," Maresso says in a news release. "Wastewater sampling was pioneered by Joseph Melnick, the first chair of Baylor's Department of Molecular Virology and Microbiology, to get ahead of polio outbreaks in Houston in the 1960s. This work essentially ushered in the field of environmental virology, and it began here at Baylor. TAILOR Labs is just continuing that tradition by providing advanced science measures to support local public health intervention."

The researchers will continue into 2021 and are working with the city and local governments on their findings.

"It's a cost effective way to gauge Houston's total viral load. It tracks well ahead of positivity rate, 10 days in some cases," sways Dr. Austen Terwilliger, director of operations at TAILOR, in the release. "At the moment, we are at the lowest viral levels since we started sampling, which is excellent news."

University of Houston researchers looking into effect of pandemic on mental illness

Michael Zvolensky, University of Houston professor of psychology, is studying substance abuse as a coping method amid COVID-19. Photo via UH.edu

While physical health and economic impacts of the coronavirus have been the focus of attention amid the pandemic, mental health effects are estimated to inflict more damage if not address, according to new research by Michael Zvolensky, University of Houston professor of psychology and director of the Anxiety and Health Research Laboratory/Substance Use Treatment Clinic.

Zvolensky has published two papers on his research discussing the psychological behavior issues related to the COVID-19 pandemic from a behavioral science perspective, according to a press release from UH.

"The impact of COVID-19 on psychological symptoms and disorders, addiction and health behavior is substantial and ongoing and will negatively impact people's mental health and put them at greater risk for chronic illness and drug addiction," reports Zvolensky in Behaviour Research and Therapy. "It will not equally impact all of society. Those at greater risk are those that have mental health vulnerabilities or disorders."

For those who 'catastrophize' the pandemic, Zvolensky explains in his paper, the impact from stress is increased — as is the possibility for substance abuse.

"That sets in motion a future wave of mental health, addiction and worsening health problems in our society. It's not going to go away, even with a vaccination, because the damage is already done. That's why we're going to see people with greater health problems struggling for generations," says Zvolensky in the release.

He evaluated a group of 160 participants on pandemic-related fear and worry and substance abuse as a coping method. The "results may provide critical clinical information for helping individuals cope with this pandemic," he says.

Bioinformatics research group at Rice University is designing novel SARS-CoV-2 test

Rice University bioinformatics researcher Todd Treangen has created a software solution for a COVID-19 test. Photo via rice.edu

Can software help save lives in this pandemic? A Rice University computer scientist thinks it's worth a shot.

Bioinformatics researcher Todd Treangen is working with a molecular diagnostics company to optimize the design and computational evaluation of molecular detection assays for viral RNA of SARS-CoV-2, according to a press release from Rice. Great Basin Scientific and the Rice researchers hope their work will streamline the development and commercialization of COVID-19 testing.

"This exciting collaboration with Great Basin will allow for computational methods and software developed in my research group to directly contribute to fast, sensitive and affordable detection and monitoring of SARS-CoV-2 and emerging pathogens," Treangen said.

The company, which is based in Salt Lake City, will use Treangen lab's novel bioinformatics software called OliVar to work on the diagnostic test. Great Basin Scientific is expected to seek emergency use authorization for the test from the Food and Drug Administration later this year.
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MassChallenge Texas announces winners for its Houston cohort and doles out $200,000 in prizes

Startup champs

MassChallenge named its winners of its 2020 accelerator at a virtual event on October 22. The program awarded a total of $200,000 in equity-free prizes across seven startups from its second Houston cohort.

This year's program took place completely virtually due to the pandemic. Already, the 56 startups involved in the cohort have raised $44.4 million funding, generated $24 million in revenue, and created 297 jobs, says Jon Nordby, managing director of MassChallenge Texas in Houston, in a news release.

"This has been a year full of change, to say the least," he says. "But startups thrive in uncertain times — because they can move fast and remain agile, they are able quickly meet each new need that arises. I'm extremely proud of the startups in our 2020 cohort — during the course of the program, they've pivoted, adjusted, and evolved in order to grow their businesses."

The startups that won across the Houston cohort included Houston-based PATH EX Inc., which won the $100,000 Diamond Award, is focused on the rapid diagnosis and treatment of sepsis through an unique pathogen extraction platform.

Four companies won $25,000 Gold Awards:

  • Healium, based in Columbia, Missouri, is an extended reality device created for self-management of anxiety.
  • Ozark Integrated Circuits Inc., based in Fayetteville, Arkansas, specializes in problem solving using technology and software in the harshest environments – from jet engines to earth orbit.
  • PREEMIEr Diagnostics, based in Southfield, Michigan, created a way to identify which premature infants need an adjustment to their glucose levels to prevent them from losing vision.
  • Scout Inc., based in Alexandria, Virginia, is developing the first commercial in-space satellite inspection service.

Two companies won the Sidecar Awards, securing each a $25,000 Innospark Artificial Intelligence Prize.

  • Articulate Labs, based in Dallas, makes mobile, adaptive devices to help knee osteoarthritis and knee replacement patients rehabilitate on the go during everyday activity.
  • Houston-based Starling Medical has tapped into tech to optimize urinary catheter for patients with neurogenic bladder dysfunction.
The Houston Angel Network awarded Ozark Integrated Circuits their prize of $50,000.
"The progress these entrepreneurs made in just a few months has all of the hope, drama, anticipation, and optimism of seeing dawn break after a particularly difficult night," says Wogbe Ofori, Principal at 360Approach and a MassChallenge mentor, in the release. "It's fulfilling, actually, and makes me proud to be a MassChallenge mentor."
The seven startups were awarded alongside 27 other startups from this year's Austin, Boston, and Rhode Island accelerators at the virtual event. The event was hosted by Chris Denson of Innovation Crush, and featured a fireside chat between Arianna Huffington, founder and CEO of Thrive Global, and Linda Pizzuti Henry, managing director at the Boston Globe.
Earlier this fall, MassChallenge named its 10 startup finalists, whittled down from 56 from 13 countries and 13 states to its first-ever virtual accelerator, which began in June.

"In the face of great uncertainty, MassChallenge Texas in Houston charged forward and did exactly what they ask their startups to do: love the problem," says Houston Mayor Sylvester Turner in the release. "The successful pivot to virtual is a testament to the strength of their global community and the motivation of the Houston ecosystem to get behind new ideas and create businesses that will set roots and grow here.

"As one of the most innovative cities, Houston is a place where startups can thrive – even in the midst of a pandemic. Programs like MassChallenge provide the best practices and networks to ensure startups get the access they need to create sustainable businesses and lasting change."

5 reasons to get connected with Chile via this virtual event

Listen to the List

It's almost time for the tech and innovation portion of Chile Connected, a nearly month-long virtual event designed to serve as a "matchmaker" for technology firms as well as creative industries, healthy food providers, and women-led businesses.

Sponsored by ProChile, the online convention is an easy — and free — way to meet your next possible collaborator, all from the comfort of home.

To make sure you don't miss your shot at building the next big partnership, here's everything you need to know.

1. The when and where
Chile Connected runs online October 19-November 20, with the tech and innovation panels taking place October 27-29. It's free to attend and you can register here.

2. What to expect
In addition to B2B matchmaking sessions, you can hear Chilean entrepreneurs about about their global innovations in the areas of HealthTech, FinTech, EdTech, and RetailTech. Experts will explore the future of e-commerce, how to empower women in tech, and how healthcare technology is changing in the face of COVID-19.

3. Who'll be there

  • HealthTech: Alberto Rodriguez, president of Levita Magnetic, a company that develops technology through magnets to reduce the need for incisions, invasive surgeries, and scars.
  • RetailTech: Ariel Schilkrut, cofounder of Zippedi Inc. Zippedi is a robot that uses AI to provide services to the retail industry. It includes image recognition and deep learning to create inventories, which improves the efficiency of replenishment processes and the level of service that these companies provide to their customers.
  • EdTech: Komal Dadlani, CEO and cofounder of Lab4U, a company that transforms mobile devices into scientific instruments to democratize access to science, giving the possibility of having a laboratory in your pockets.
  • EdTech: Marisol Alarcón from social de Laboratoria, a company that trains women without higher education as web developers. This undertaking was highlighted by Mark Zuckerberg and Barack Obama for its contribution to gender equality.
  • Fintech: Cristóbal Forno, founding partner of Global 66, a platform for international money transfers.

But that's just the start — besides the big names from even bigger companies, there will be dozens of people from all over the world looking to network and form partnerships.

4. Why you should consider Chile
Chile is recognized as the most advanced IT market in Latin America, with the IT sector there representing 3.4 percent of its national GDP. Chile is also the 29th largest trading partner of the United States, while America is the No. 1 destination for non-copper goods and service exports from Chile.

5. How Chile benefits you
Most Chilean companies — 53 percent, in fact — are looking for a joint venture or capital to grow into other markets. Chile has been regularly investing not only money but also resources and programs to support new startups and companies. Start-up Chile is one such accelerator; it has vowed to invest $80,000 in an American start-up that will create and develop its idea in Chile.

Reserve your free spot for Chile Connected now.

Equipped with online and in-app ordering, Texas grocer named No. 1 for delivery

DOING MORE

Widely praised for its response to the ongoing pandemic, Texas-based grocery chain H-E-B's cart has once again been filled with kudos.

In a study by market research and mystery shopping firm Ipsos, H-E-B ranked first for grocery delivery among U.S. retailers, with a 99 percent accuracy rate. At No. 2 in the grocery delivery category was Austin-based Whole Foods Market, which achieved a 95 percent accuracy rate.

For the study, mystery shoppers across the country rated various retailers on the quality of their buy-online-pickup-in-store (BOPIS), curbside, and delivery services. Ipsos conducted 150 mystery shops per retailer across these three categories.

"Use of BOPIS and curbside pickup has increased for 78 percent of shoppers since COVID-19 began, and 69 percent expect to continue using it at the same or higher levels after the pandemic subsides," Carlos Aragon, vice president of U.S. channel performance at Ipsos, says in an October 9 release. "As we continue to see the adoption and usage of these new digital offers rise and continue to stick, it is important that brands have the mechanism to ensure they deliver a seamless and safe customer experience for these new users."

To promote social distancing, H-E-B rolled out two-hour delivery in April, eliminating the need for customers to interact.

"With Texans relying on delivery now more than ever, it is our duty to support more of our communities across the state, as quickly as possible," Jag Bath, Favor's CEO and H-E-B's chief digital officer, said in an April release.

To accommodate two-hour delivery for H-E-B customers, Favor undertook a statewide expansion. The grocery chain rolled out its home delivery option in 2018, the same year that H-E-B bought Favor.

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This article originally ran on CultureMap.

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