HOUSTON INNOVATORS PODCAST EPISODE 71

The Ion's accelerators are working to bring out the best in Houston — from resiliency to diversity

Christine Galib and Courtney Cogdill of The Ion join the Houston Innovators Podcast to discuss the four accelerator programs that are striving to advance Houston. Photos courtesy of The Ion

When you look at the business accelerator programs offered at The Ion, a rising innovation hub in Midtown, you see Houston represented. From energy and space tech to resiliency and diversity, the four accelerators intentionally cover what Houston is all about.

Courtney Cogdill, program director of the Accelerator Hub, and Christine Galib, senior director, at The Ion joined the Houston Innovators Podcast to discuss what all they are focused on across the business accelerator programs at the hub. Editor's note: This podcast was recorded ahead of the winter storm that affected the state of Texas this week.

Now more than ever, innovators are dedicating their careers to resilient technologies that can enhance the city's future. And this effort comes naturally to Houstonians, Galib says on the podcast.

"There is an ethos here that is one of roll up your sleeves, collaborate, and get to work. Get the work done, and have fun while you're doing it," she says on the show. "We all come together in a time of challenge, and we really show each other that we're not just individually resilient, we are collectively resilient."

Neither Galib nor Cogdill are from Houston — but each have observed the same resiliency among the city and its people.

"Houston really just picks itself back up by the bootstraps and just runs," Cogdill says.

But The Ion Smart and Resilient Cities Accelerator, launched in 2019, was only just the beginning for The Ion's Accelerator Hub. Last year, three more accelerator programs were announced — the Aerospace Innovation Hub for Minority Business Enterprises at The Ion, Austin-based DivInc's Accelerator, and the Rice Alliance Clean Energy Accelerator. These were made possible through a series of grants — a $1.4 million one from NASA to launch the ASCI-Hub and a $1.5 million one from Economic Development Administration.

Galib and Cogdill discuss each of the programs, as well as what they are excited for when The Ion opens later this year. Listen to the full interview below — or wherever you stream your podcasts — and subscribe for weekly episodes.

Trending News

Building Houston

 
 

The $2.23 million deal means a growing presence Texas for Octopus Energy. Photo via octopusenergy.com

A renewable energy retailer based in the United Kingdom is once again expanding its presence in Texas with another strategic acquisition.

Octopus Energy US, which is based in Houston, announced that it has signed an agreement to acquire Houston-based energy provider Brilliant Energy LLC in a $2.23 million deal. With the acquisition, Octopus Energy will take on the 9,000 residential customers currently supplied by Brilliant Energy. These users will be transitioned onto Octopus Energy's technology platform Kraken.

"Brilliant Energy is a company that has always stood for quality and unique brand experiences. It complements our strong dedication to bringing unparalleled customer experience to our users," says Michael Lee, CEO of Octopus Energy US, in a press release. "This is a major moment for us, as we work to bring our 100% renewable energy supply and outstanding technology to more Texans and their homes."

The acquisition is the latest move from Octopus Energy's plans to invest $100 million into the U.S. energy market and target 25 million U.S. energy accounts by 2027, according to the release.

Last fall, Octopus acquired Houston-based Evolve Energy in a $5 million deal. Evolve was founded by Lee, and he transitioned into his role as Octopus CEO following the deal.

Octopus Energy, which was founded around five years ago, reached Unicorn status with a $1 billion valuation in April 2020.

Michael Lee is CEO of Octopus Energy US. Photo via LinkedIn

Trending News