Houston is well-positioned to become a national leader in tech innovation. It possesses the corporate, workforce, and infrastructural requirements, including innovation-minded companies, a vast support system of business professionals and corporate decisionmakers, and business and quality of life amenities necessary to support a robust tech ecosystem.
Technological cluster strengths across the energy, life sciences and healthcare, manufacturing, logistics, and aerospace industries present immediate opportunities for investing in scalable companies that enable digital transformation, while the heavy corporate and industry presence in the city make Houston a natural place for industrial IOT, logistics, robotics, and cyber security concentrations.
A strong network of more than 50 incubators, accelerators, makerspaces and coworking spaces has helped strengthen the ecosystem in recent years. These hubs of innovation have created momentum and a critical mass of support for more startups.
VC Funding in ’21
Workers Employed in Tech
Tech-Sector Impact on the Economy
Incubators, Accelerators, Makerspaces and Coworking Spaces
Houston’s Innovation Corridor is at the center of an extraordinarily powerful social and economic convergence. The four-mile-long Corridor is linked by light-rail, bike lanes, and sidewalks and offers easy access to key industry and institutional players along with an unparalleled array of amenities.
Anchored on the south end by the world’s largest medical complex, the Texas Medical Center, along with top-ranked universities, the Corridor runs north along Houston’s light-rail line through the 700-acre Hermann Park, and Museum District. It continues past the eclectic Montrose neighborhood and through Midtown, home to a millennial-friendly mix of housing, dining and recreational options. The Corridor reaches its northern limit in Downtown, the nexus of corporate headquarters, financial institutions and professional service firms, and a wide variety of cultural and recreational amenities.
In 2021, Rice University opened the first phase of its 16-acre innovation district. An anchor innovation hub and collaboration space, The Ion, debuted to serve as the central hub of the district. The nearly 300,000-square-foot project brings together entrepreneurs, corporations and academic institutions to collaborate under one roof.
The Houston metro has 11,200 installed fiber carrier miles as of Q1/21
"Houston has a huge amount of raw ingredients needed to launch a startup -- top tier universities, affordable cost of living, tremendous wealth, large corporations -- so the creation of a startup hub in Houston has just been about aligning all these elements under one roof that provides entrepreneurs with the tools they need to succeed."
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