Comcast to dole out $1M in grants to BIPOC-owned small businesses in Houston

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The Comcast RISE program will give $10,000 grants to 100 BIPOC-owned small businesses in Houston, and 150 other BIPOC entrepreneurs will receive technology and marketing assistance. Photo via Getty Images

Grants totaling $1 million are being given to 100 BIPOC-owned small businesses in the Houston area through the Comcast RISE program.

In addition, more than 150 BIPOC-owned small businesses in the region will receive technology and marketing assistance from Comcast RISE. BIPOC stands for Black, indigenous, and people of color.

"COVID-19 made a tough year of 2020. As a small business, what hurt most was being deemed nonessential and having to close our doors," Angelus McFarlane, owner of Houston's Ravlin Martial Arts, says in an April 27 news release from media, cable TV, and internet services giant Comcast. "I'm extremely excited that a business like Comcast has taken an interest to support small businesses. I believe that the technology resources from Comcast will help us, which will then bring more people back and help us grow."

Here's a sampling of recipients of the $10,000 grants in the Houston area:

  • Advantage Motorsports
  • Beyond Music Management
  • Candid Smiles Dentistry
  • Dumpling Haus
  • Hortiprocess
  • Million Cakes
  • OutSmart Media
  • Phuong My Music
  • Trinity Freight Services
  • True Image Orthodontics
  • Wonder Wall Wraps

Houston is among five places where small businesses are getting Comcast RISE grants of $10,000 each. The others are Atlanta, Chicago, Detroit, and Philadelphia.

To qualify for a Comcast RISE grant in Houston, a BIPOC-owned small business:

  • Must be located in either Harris County or Fort Bend County.
  • Must have been in business for at least three years.
  • Must employ no more than 25 people.

Overall, Comcast RISE is supporting 13,000 BIPOC-owned small businesses with monetary grants; a TV campaign, production of a TV commercial, or consulting services from Effectv; or computer equipment, internet, voice, or cybersecurity from Comcast Business.

In addition, Comcast RISE has teamed up with Ureeka, an online platform for entrepreneurs, to provide grant recipients with business coaching to help build their skills. The Ureeka platform also will offer access to education and expertise.

"Comcast RISE represents a holistic program that can help advance BIPOC entrepreneurs. The commitment to coaching, capital, and connections is critical for historically overlooked communities in achieving economic prosperity," says Melissa Bradley, co-founder of Ureeka.

Comcast RISE was formed in late 2020 to give BIPOC-owned small businesses various tools to survive and thrive. Among BIPOC-owned small businesses, those run by Black, Hispanic, and Asian entrepreneurs were hit especially hard by the COVID-19 pandemic.

"When we launched Comcast RISE, we knew a profound need existed in many of the communities we serve," says Ralph Martinez, Comcast's regional senior vice president in Houston. "We now see firsthand how the program's marketing and technology resources are benefiting Houston business owners, who are working to rise above 2020. We anticipate these awards will have a long-lasting, positive economic impact on these businesses and beyond."

RISE stands for representation, investment, strength, and empowerment.

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Intuitive Machines to acquire NASA-certified deep space navigation company

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Houston-based space technology, infrastructure and services company Intuitive Machines has agreed to buy Tempe, Arizona-based aerospace company KinetX for an undisclosed amount.

The deal is expected to close by the end of this year, according to a release from the company.

KinetX specializes in deep space navigation, systems engineering, ground software and constellation mission design. It’s the only company certified by NASA for deep space navigation. KinetX’s navigation software has supported both of Intuitive Machines’ lunar missions.

Intuitive Machines says the acquisition marks its entry into the precision navigation and flight dynamics segment of deep space operations.

“We know our objective, becoming an indispensable infrastructure services layer for space exploration, and achieving it requires intelligent systems and exceptional talent,” Intuitive Machines CEO Steve Altemus said in the release. “Bringing KinetX in-house gives us both: flight-proven deep space navigation expertise and the proprietary software behind some of the most ambitious missions in the solar system.”

KinetX has supported deep space missions for more than 30 years, CEO Christopher Bryan said.

“Joining Intuitive Machines gives our team a broader operational canvas and shared commitment to precision, autonomy, and engineering excellence,” Bryan said in the release. “We’re excited to help shape the next generation of space infrastructure with a partner that understands the demands of real flight, and values the people and tools required to meet them.”

Intuitive Machines has been making headlines in recent weeks. The company announced July 30 that it had secured a $9.8 million Phase Two government contract for its orbital transfer vehicle. Also last month, the City of Houston agreed to add three acres of commercial space for Intuitive Machines at the Houston Spaceport at Ellington Airport. Read more here.

Japanese energy tech manufacturer moves U.S. headquarters to Houston

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TMEIC Corporation Americas has officially relocated its headquarters from Roanoke, Virginia, to Houston.

TMEIC Corporation Americas, a group company of Japan-based TMEIC Corporation Japan, recently inaugurated its new space in the Energy Corridor, according to a news release. The new HQ occupies the 10th floor at 1080 Eldridge Parkway, according to ConnectCRE. The company first announced the move last summer.

TMEIC Corporation Americas specializes in photovoltaic inverters and energy storage systems. It employs approximately 500 people in the Houston area, and has plans to grow its workforce in the city in the coming year as part of its overall U.S. expansion.

"We are thrilled to be part of the vibrant Greater Houston community and look forward to expanding our business in North America's energy hub," Manmeet S. Bhatia, president and CEO of TMEIC Corporation Americas, said in the release.

The TMEIC group will maintain its office in Roanoke, which will focus on advanced automation systems, large AC motors and variable frequency drive systems for the industrial sector, according to the release.

TMEIC Corporation Americas also began operations at its new 144,000-square-foot, state-of-the-art facility in Brookshire, which is dedicated to manufacturing utility-scale PV inverters, earlier this year. The company also broke ground on its 267,000-square-foot manufacturing facility—its third in the U.S. and 13th globally—this spring, also in Waller County. It's scheduled for completion in May 2026.

"With the global momentum toward decarbonization, electrification, and domestic manufacturing resurgence, we are well-positioned for continued growth," Bhatia added in the release. "Together, we will continue to drive industry and uphold our legacy as a global leader in energy and industrial solutions."

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This article originally appeared on EnergyCapitalHTX.com.

2 Texas cities named on LinkedIn's inaugural 'Cities on the Rise'

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LinkedIn’s 2025 Cities on the Rise list includes two Texas cities in the top 25—and they aren’t Houston or Dallas.

The Austin metro area came in at No. 18 and the San Antonio metro at No. 23 on the inaugural list that measures U.S. metros where hiring is accelerating, job postings are increasing and talent migration is “reshaping local economies,” according to the company. The report was based on LinkedIn’s exclusive labor market data.

According to the report, Austin, at No. 18, is on the rise due to major corporations relocating to the area. The datacenter boom and investments from tech giants are also major draws to the city, according to LinkedIn. Technology, professional services and manufacturing were listed as the city’s top industries with Apple, Dell and the University of Texas as the top employers.

The average Austin metro income is $80,470, according to the report, with the average home listing at about $806,000.

While many write San Antonio off as a tourist attraction, LinkedIn believes the city is becoming a rising tech and manufacturing hub by drawing “Gen Z job seekers and out-of-state talent.”

USAA, U.S. Air Force and H-E-B are the area’s biggest employers with professional services, health care and government being the top hiring industries. With an average income of $59,480 and an average housing cost of $470,160, San Antonio is a more affordable option than the capital city.

The No. 1 spot went to Grand Rapids due to its growing technology scene. The top 10 metros on the list include:

  • No. 1 Grand Rapids, Michigan
  • No. 2 Boise, Idaho
  • No. 3 Harrisburg, Pennsylvania
  • No. 4 Albany, New York
  • No. 5 Milwaukee, Wisconsin
  • No. 6 Portland, Maine
  • No. 7 Myrtle Beach, South Carolina
  • No. 8 Hartford, Connecticut
  • No. 9 Nashville, Tennessee
  • No. 10 Omaha, Nebraska

See the full report here.

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