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Startups Growing With Expansions, New Offices in Houston

Published Mar 21, 2019 by Maggie Martin

Ion Midtown Rice
Rendering of The Ion building in Midtown (Photo Credit: Courtesy of Rice University)

Coworking company WeWork is expanding in Houston. The Houston Business Journal reports the company is opening its latest startup incubator program, WeWork Labs, in downtown Houston.

According to the Houston Business Journal, “WeWork Labs develops curriculum and a mentorship network tailored for companies that want to scale. Program members will have access to WeWork Labs’ global network of over 1,000 mentors, virtual lessons, in-person office hours, panel discussion, lunch-and-learn events and more.” According to the article, WeWork Labs is hosting a launch event March 26.

WeWork is just one of many such operators expanding their presence in Greater Houston. The Cannon, a coworking space and entrepreneurial hub, opened its first “off-campus” location just west of The Galleria earlier this year. According to the organization, The Cannon-Post Oak features “numerous individual officers, a variety of open and dedicated desk solutions, and bookable conference rooms.” The Cannon is set to open its main, 120,000-square-foot-space later this spring in West Houston, just outside of Beltway 8.

Last month, MassChallenge, one of the world’s leading business accelerators, announced it was opening a new office in Downtown Houston. MassChallenge is a global network of zero-equity startup accelerators headquartered in Boston. Their Houston program is expected to support up to 25 early-stage startups through a zero-equity, six-week bootcamp. According to the company’s website, MassChallenge Texas is the second domestic and sixth international location in their global network. Applications for the company’s Houston program open April 10, 2019.

MassChallenge’s office will be in Houston’s Innovation Corridor, where developments in the startup community continue to unfold. An announcement earlier this year revealed the exciting work being done to transform the historic Sears building in Midtown into the hub of the city’s new innovation district. Rice University is spearheading renovations of The Ion, a 270,000 square-foot facility designed to bring together entrepreneurs, corporations and academic institutions to collaborate under one roof. Houston Mayor Sylvester Turner said of the announcement in January: “We’re trying to put together an ecosystem that is uniquely Houston that will create and bring about innovation, hold on to our young talent, be able to service our major companies that are here."

As Houston’s innovation ecosystem continues to thrive, the Partnership’s Innovation Council is hosting ongoing conversations examining how the greater Houston region can attract companies and talent needed to foster our innovative community, as well as the physical and financial infrastructure needed to support it. 

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