Melting pot

Houston reported to have among the most minority-owned startups in the nation

Houston, named the most diverse city in the country, also has a strong representation of minority-owned startups. Photo by Tim Leviston/Getty Images

While Houston's population is considered diverse, the breakdown of startup founders doesn't necessarily follow suit. However, according to a new report, the city of Houston has among the highest percentage of minority-owned startups in the United States.

Using data from the U.S. Census Bureau's Annual Survey of Entrepreneurs, Volusion published a report naming the 15 cities with the most minority-owned startups, and the Houston, The Woodlands, and Sugar Land market ranked at No. 13. The city has 35.4 percent of its startups (3,697 startups) owned by minorities. While this percentage is enough to secure placement on the list, Houston's actual minority population is 62.8 percent, so the Bayou City still has room to close the gap.

According to Volusion's study, 15,673 people work at Houston's minority-owned startups and the gross sales of these companies ranges from $1 billion to less than $5 billion. The top industry for minority-owned startups is accommodation and food services.

"One of the major resources for minority business owners is the Greater Houston Black Chamber of Commerce, which offers a Business Readiness Training Program to help new entrepreneurs develop their skills," the report reads. "Although Houston is well-known for its petroleum and technology industries, minority-owned businesses are most active in accommodation and food services."

The Dallas, Fort Worth, and Arlington market ranks immediately ahead of Houston at No. 12 with the slightest edge of a fraction of a percentage. Dallas startups are 35.5 percent minority owned, making up 4,357 startups with 23,992 employees. Meanwhile, San Antonio and New Braunfels slides into the No. 6 spot on the list with 45 percent of its startups (1,534 companies) being minority owned and employing 4,160.

Five of the top 15 metros on this list are in California, and the top three markets are all in California: No. 1 San Jose-Sunnyvale-Santa Clara, No. 2 Riverside-San Bernardino-Ontario, and No. 3 Los Angeles-Long Beach-Anaheim. Each of the top three boasts around 50 percent of their startups being minority owned.

According to Volusion's report, the national trend is disproprotionate when you compare the markets' population diversity to its minority-owned startups. Chart via Volusion

All of the Texas markets have a higher percentage of minority-owned startups compared to the national average, which is 27.4 percent. According to the U.S. Census Bureau, almost 40 percent of the country's population identifies as nonwhite, and some estimates, predict the U.S. will be considered a "majority-minority" country by 2044.

According to Volusion, some of the aspects that are holding back these types of companies include lack of resources and access to capital.

"In fact, a recent survey by Morgan Stanley found that while eight out of 10 investors perceive the funding landscape as balanced, investments in minority and women-owned ventures fall short by as much as 80 percent," reads the report. "The researchers cite increased risk perception, as well as lack of access and familiarity with minority and women-led businesses as key drivers of what they coin The Trillion-Dollar Blind Spot."

According to another report, money isn't the city's biggest issue. Houston was named as an affordable city for startups in a national report last month.

In April, Houston was named as the most diverse city in the nation, and earlier this month, a report found that diversity was well represented in Houston's STEM industries.

just what the doctor ordered

Houston recognized among the best hospital cities in the nation

Houston, home to the largest medical center in the world, was ranked among the best cities for health care in the country. Photo by Dwight C. Andrews/Greater Houston Convention and Visitors Bureau

As home to Texas Medical Center — the world's largest medical complex — it stands to reason that Houston ranks among the country's best cities for health care. A new study bolsters that notion, but it also points out that several health care measures in Houston need some TLC.

The study, conducted by digital health care provider Medbelle, ranks Houston as the ninth best "hospital city" in the United States. Medbelle sifted through data in three categories (health care infrastructure, quality of health care and access to health care) to develop the ranking. Within those categories, Medbelle examined factors like quality of medical education, number of hospital beds, shortage of nurses, efficiency of cancer treatment, and prevalence of mental health specialists.

"Houston is known internationally as the home of one of the best medical communities in the world," the City of Houston declares.

In the Medbelle study, Boston landed at No. 1 in the U.S.; Tokyo took the global crown. At No. 13, Dallas was the only other Texas city to earn a place on the U.S. list.

Medbelle says it compiled the ranking to highlight regional hospital "ecosystems" rather than specific hospitals. The Houston area has more than 85 hospitals.

Houston's hospital ecosystem scored 94.92 out of 100, yet sits in next-to-last place for access to health care (48.83 out of 100), Medbelle notes. Daniel Kolb, co-founder and managing director of Medbelle, says this means that while Houston enjoys one of the best medical infrastructures in the world, a relatively small percentage of people in the region can take advantage of it.

In 2018, nearly 1 in 5 residents of the Houston area (18.6 percent) lacked health insurance, the U.S. Census Bureau says. That's the highest rate of uninsured residents among the country's 25 most populous metro areas. Affordability and availability continue to exacerbate the health insurance predicament in Houston and around the country.

"The single biggest issue in health care for most Americans is that their health costs are growing much faster than their wages are," Drew Altman, president of the Kaiser Family Foundation, says in a release. "Costs are prohibitive when workers making $25,000 a year have to shell out $7,000 a year just for their share of family premiums."

For those who can afford medical care, the Houston area boasts some of the best hospitals in the U.S. MD Anderson Cancer Center reigns as the country's top cancer hospital, for instance.

In May, The Leapfrog Group, a nonprofit representing large employers in the U.S., assigned its highest grade — "A" — to these nine hospitals in the Houston area:

  • HCA Houston Healthcare (Kingwood)
  • Houston Methodist Hospital
  • Houston Methodist Sugar Land Hospital
  • Houston Methodist West Hospital
  • Houston Methodist Willowbrook Hospital
  • Memorial Hermann Memorial City Medical Center
  • Memorial Hermann The Woodlands Hospital
  • Tomball Regional Medical Center
  • West Houston Medical Center

From another perspective, U.S. News & World Report ranks Houston Methodist Hospital as the best hospital in the Houston area, followed by Baylor St. Luke's Medical Center, Memorial Hermann Greater Heights Hospital, Memorial Hermann-Texas Medical Center, and Houston Methodist Sugar Land Hospital.

Meanwhile, Houston-area physicians hold Texas Children's Hospital West Campus in the highest regard among the region's hospitals, trailed by Houston Methodist West Hospital, MD Anderson Cancer Center, Texas Children's Hospital, and Children's Memorial Hermann Hospital.