Innovation

Houston is where innovation and industry converge. Ours is a city that chooses to take humankind's boldest challenges head-on, from landing on the moon to developing the first artificial heart. And Houston's innovation ecosystem continues to thrive through programs like TMC Innovation Institute at the Texas Medical Center and spaces like the emerging Midtown Innovation District.

$62 billion+

Houston-based private equity firms manage over $62 billion in assets

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24.9 percent

Part of local digital tech firms that focus on information technology

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16.9 percent

Part of Houston's digital tech firms that specialize in health care

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The Innovation District

In April 2018, Rice University announced plans to develop a new hub for the innovation district in Midtown. Housed on a 9.4-acre site anchored by a former Sears building, the hub will bring the area's entrepreneurial, corporate and academic communities together. A number of groups including the nonprofit Houston Exponential will take up residence in the development once it's complete.

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Houston Exponential

Houston Exponential is a dynamic organization that serves, organizes, champions and grows the region’s innovation ecosystem. HX is accelerating the development of Houston’s innovation economy, fostering a robust ecosystem that supports high-growth, high-impact startups. HX was created by the Greater Houston Partnership’s Innovation Round Table, Mayor Turner’s Innovation and Technology Task Force, and the Houston Technology Center. By convening the ecosystem, helping to build an innovation district in Houston, attracting talent to the region and promoting Houston’s image, both locally and nationally, as a vibrant, innovative economy where startups thrive, we will bolster Houston’s innovation ecosystem and drive the region to become a top 10 startup ecosystem.

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