funding moves

University of Houston receives $6.5M to go toward supporting equity, social justice, and more

The gift sets up a scholarship, an endowed chair, and a lecture series. Photo via UH.edu

A recent gift to the University of Houston will provide support to a couple colleges on campus, including an endowed chair, a scholarship, and a lecture series.

Thomas Michael Panos Family Estate donated $4.5 million — and was matched with an additional $2 million by the University's new "$100 Million Challenge" Aspire Fund. It's the first matched gift of the new fund. The gift includes $2 million to create the Panos Family Endowed Chair in Mechanical Engineering, $2 million to establish a scholarship endowment beginning in 2022 to support need- and merit-based scholarships for full-time undergraduate or graduate students across UH, and $500,000 to support "The Panos Family Endowed Lecture in Equity and Social Justice" in the College of Liberal Arts and Social Sciences.

"We are incredibly grateful for the generosity of the Thomas Michael Panos Family Estate. This significant gift will not only help fuel academic success through innovation and discovery, but will support our ability to recruit renowned faculty and expand thought leadership," says Paula Myrick Short, UH senior vice president for academic affairs and provost, in the release. "The additional support for an equity and social justice lecture series is an especially timely and important part of our efforts to increase visibility around these issues."

Thomas Michael Panos emigrated to Houston from Greece and only had a sixth-grade education. His sons — Mike and Gus Panos — both earned college degrees in engineering.

"They were the kind of people who would help anybody," says Scott Harbers, who lived next door to the Panos family decades ago in what is now Midtown Houston, in the release. "As a family of immigrants, I know they would appreciate the diversity of the student body at the University of Houston. They had a tremendous interest in education and equal rights. I'm hopeful that this gift will help advance the lives of students who need help to complete their studies."

The $100 Million Challenge initiative was established in fall of 2019 thanks to an anonymous $50 million donation to the school, and the campaign is set on inspiring another $50 million in support of four areas that will address issues with major societal impact: sustainable energy and energy security, resilient infrastructure and smart cities, population health, and global engagement. Donors who commit $2 million to go toward an endowed chair will have their gifts matched through the program.

"The '$100 Million Challenge' is a transformational initiative to propel our academic enterprise to unprecedented levels of distinction, and this first matching gift launches us," says Eloise Brice, vice president for university advancement, in the release. "The work and research being done at UH, and accelerated through the Challenge, will have a tremendous impact on the quality of life for all Houstonians."

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Building Houston

 
 

Here's your one-stop shop for innovation events in Houston this month. Photo via Getty Images

Houstonians are transitioning into a new summer month, and the city's business community is mixing in networking and conference events with family vacations and time off. Here's a rundown of what all to throw on your calendar for July when it comes to innovation-related events.

This article will be updated as more business and tech events are announced.

July 10 — Have a Nice Day Market at the Ion

Stop by for a one-of-a-kind vendor market - #HaveANiceDayHTX - taking place at the Ion, Houston's newest urban district and collaborative space that is designed to provide the city a place where entrepreneurial, corporate, and academic communities can come together. Free to attend and free parking onsite.

Have a Nice Day is a creative collective with a goal of celebrating BIPOC makers, creators, and causes.

The event is Sunday, July 10, 4 to 8 pm, at The Ion. Click here to register.

July 12 — One Houston Together Webinar Series

In the first installment of the Partnership's One Houston Together webinar series, we will discuss supplier diversity an often underutilized resource for business. What is it and why is it important? How can supplier diversity have long-term impact on your business, help strengthen your supply chain, and make a positive community impact?

The event is Tuesday, July 12, noon to 1 pm, online. Click here to register.

July 14 — Investor Speaker Series: Both Sides of the Coin

In the next installment of Greentown Labs' Investor Speaker Series, sit down with two Greentown founders and their investors as they talk about their experiences working together before, during, and after an equity investment was made in the company. Attendees will get a behind-the-scenes look at one of the most important relationships in a startup’s journey and what best practices both founders and investors can follow to keep things moving smoothly.

The event is Thursday, July 14, 1 to 2:30 pm, online. Click here to register.

July 15 — SBA Funding Fair

Mark Winchester, the Deputy District Director for the Houston District Office of the U.S. Small Business Administration, will give a short intro of the programs the mentors will discuss. There will be three government guaranteed loan mentors and two to three mentors co-mentoring with remote SBIR experts.

The event is Friday, July 15, 10:30 am to 1 pm, at The Cannon - West Houston. Click here to register.

July 16 — Bots and Bytes: Family STEAM Day

Join the Ion for a hands-on learning experience to learn about tech and robotics and gain insight into the professional skills and concepts needed to excel in a robotics or tech career. This event will be tailored for 9-14-year-olds for a fun STEM experience.

The event is Saturday, July 16, 10 am to 1 pm, at The Ion. Click here to register.

July 19 — How to Start a Startup

You have an idea...now what? Before you start looking for funding, it's important to make sure that your idea is both viable and valuable -- if it doesn't have a sound model and a market willing to pay for it, investors won't be interested anyway.

The event is Tuesday, July 19, 5:30 to 7:30 pm, at The Ion. Click here to register.

July 20 — Perfecting Your Pitch

Join the Ion for their series with DeckLaunch and Fresh Tech Solutionz as they discuss the importance and value of your pitch deck when reaching your target audience.

The event is Wednesday, July 20, 5:30 to 6:30 pm, at The Ion. Click here to register.

July 21 — Transition On Tap: Investor Readiness with Vinson & Elkins LLP

Attorneys from Greentown Labs’ Gigawatt Partner Vinson & Elkins LLP, a leading fund- and company-side advisor for clean energy financing, will present an overview of legal considerations in cleantech investing, geared especially toward early-stage companies and investors. The presentation will cover the types of investors and deals in the cleantech space and also provide background on negotiating valuation, term sheets, and preparing for diligence.

The event is Thursday, July 21, 5 to 7 pm, at Greentown Houston. Click here to register.

July 28 — The Cannon Community 2nd Annual Town Hall Event

Partner of The Cannon, Baker Tilly, has played an integral part in the success of Cannon member companies. Join the Cannon community for The Cannon's 5-year anniversary celebration!

The event is Thursday, July 28, 4 to 7 pm, at The Cannon - West Houston. Click here to register.

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