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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 Innovation District. 

8.25%

City of Houston has a combined sales and use tax rate of 8.25 percent

25,000+

Local workforce of Houston's top 100 digital tech companies

11,200

The Houston metro has 11,200 installed fiber carrier miles as of Q1/21

Innovation Corridor

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 pedestrian thoroughfares, and offers easy access to key industry and institutional players along with an unparalleled array of amenities. It runs from Downtown on the north end, south through Midtown, the Museum District and the Texas Medical Center. 

 

Innovation District

Rice University is currently developing a new innovation district in Midtown. Housed on a 16-acre site anchored by a former Sears building, the hub will bring the area's entrepreneurial, corporate and academic communities together. The nucleus of the Innovation District is The Ion, a nearly 300,000-square-foot structure that serves as a collaborative space for businesses at all stages of the innovation lifecycle. A number of companies and nonprofits have taken up residence in the development.

Houston Tech and Innovation Conversations at SXSW

A Data-Driven Look at Houston's Innovation Ecosystem

The Partnership's Josh Pherigo takes a data-driven look at the current trends in the startup space and the Houston region's momentum in building a thriving innovation ecosystem.

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The Power of Diversity in Innovation

Jan Odegard of The Ion and Ashley DeWalt of DivInc Houston talk about the power of diversity within innovation.

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Corporate Partnerships Drive Innovation in Life Sciences

Fiona Mack of JLABS at TMC discusses how Houston is quickly emerging as a hub for life sciences innovation.

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The Houston Tech Report

This report outlines the tremendous growth in Houston’s tech ecosystem in recent years as evidenced by the expanding workforce as well as startup and venture capital activity. The report also highlights the region’s unique strengths in the sector. 

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 works to convene the ecosystem, helping to build an innovation district in Houston and attracting talent to the region and promoting Houston’s image, both locally and nationally, as a vibrant, innovative economy where startups thrive.

Houston's Innovation Partners

Related News

Economic Development

Now is the Time to Hire Houston Youth

5/12/22
With summer comes a valuable opportunity for employers to tap into up-and-coming talent to accomplish real, meaningful work while investing into the workforce Houston will need to ensure it retains its competitive 21st-century economy: The paid internship.  Meaningful internships can empower an entire generation while building toward a more prosperous future by giving students and young adults an opportunity to ‘window-shop’ for careers in a variety of industries and settings and recognize career pathways, to learn workforce behaviors, and understand how their coursework applies in a business setting.  Since 2016, the City of Houston has helped employers access a diverse spectrum of more than 26,000 young, talented Houstonians aged 16 through 24 through its Hire Houston Youth program. The program has also facilitated job readiness training for over 35,000 youth and adults. This summer, the City is asking employers to provide 16,000 summer internship, job, and apprenticeship opportunities. Program details: Internships should last at least eight weeks (June 13 and Aug. 5, 2022) Internships should pay at least $10 per hour; the average pay in 2021 was $15 per hour Employers without openings can sponsor an intern or register and join the Hire Houston Youth community Additionally, the City is hosting a job and resource fair on June 11, 2022, at Houston’s George R. Brown Convention Center. The fair is open to employers from across the entire region and jobseekers of all ages.   See more details and add your openings for the Hire Houston Youth program here. Register for the June 11 job and resource fair here.
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Economic Development

Mexican Governor Establishes Houston-Nuevo Leon Pledge for Collaboration

4/28/22
The Nuevo Leon State Government visited the Partnership this week in an effort to strengthen the relationship between the two regions, focusing on further developing their energy, logistics, life sciences and technology ecosystems. The visit comes on the heels of last month’s successful economic development trip to Mexico led by Houston Mayor Sylvester Turner, Houston First Corp. and the Partnership. Nuevo Leon Governor Samuel Garcia, Secretary of Economy Maestro Iván Rivas Rodríguez, and General Director of the Corporation for the Development of the Border Zone of Nuevo León Dr. Marco Antonio González Valdez all participated in a luncheon where they discussed infrastructure proposals and the state’s thriving economy. International Bridge Master Plan Gonzalez introduced Nuevo Leon’s plan to modernize Port of Colombia, referring to the project as priority for Governor Garcia’s administration. The Port of Colombia stands as the only international bridge directly connecting Texas to Nuevo Leon and ranks No. 3 of total US-Mexico customs federal tax collection. Gonzales discussed plans to maximize the port’s activity, noting advanced talks to reactivate a railroad to the border town. He also said establishing a cargo airport and promoting strategic relocations of exporting factories are key objectives for the administration The Thriving ‘Economia’ Secretary of Economy Maestro Iván Rivas Rodríguez discussed the Nuevo Leon economy, led by the capital Monterrey, which accounts for 92% of the state’s population. Rodriguez highlighted Nuevo Leon’s business competition and workforce, noting it generates 7.8% of Mexico’s GDP despite the state accounting for only 4.6% of the country’s population.  Rodriguez shared other economic factors, concentrating on the state’s foreign direct investment (FDI) records. According to the secretary, with $921 million USD of FDI in Q4 2021 the state of Nuevo Leon ranked #1 in the country, accounting for 24% of Mexico’s total FDI.  Rodriguez also emphasized the state’s recovery from the pandemic and business sectors. “We are not only recovering…we are doing much better,” Rodriguez said.  “We are ready for companies and people to come and have a soft landing in Nuevo Leon.” Memorandum of Understanding Senior Vice President & Chief Economic Development Officer Susan Davenport, Governor of Nuevo Leon Samuel Garcia, and Nuevo Leon Secretary of Economy signed a memorandum of understanding. The MOU represents an agreement of future collaboration between Houston and Nuevo Leon. Remarks from Nuevo Leon Governor Governor Garcia discussed the importance of the Port of Colombia project, placing an emphasis on tax revenue. “Imagine what we can accomplish with our people…[and] with a good port.” The Mexican governor also highlighted Texas’s and Houston’s economic development wins. “Texas has done a great job winning California [companies]… the [growth of] new Silicon Valley in Austin and energy matters in Houston.” Honoring Governor Garcia’s visit to Houston and anticipating multi-industry collaborations, Mayor Turner proclaimed April 26 as Nuevo Leon Day.  Learn more about Houston’s global business ties and register for the Partnership’s International Business Month events - a celebration of Houston's thriving international ties and our position as one of today's great global cities.
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Related Events

Biotechnology

Innovation Council

For Houston to continue moving forward as a great global city, we must further the innovation ecosystem in order to attract tech and start-up companies. This council examines how the greater Houston region can…

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Additional Resources

See below for additional resources in Innovation. 

Need more information about Innovation in Houston? Your dedicated team member can help:

  • Assist in site selection analysis
  • Assist in evaluating and applying for incentives
  • Aid in the permitting process
  • Provide data on key business facilities
  • Facilitate and foster key introductions
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Partnership Staff
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