The Hub Spot
Last May, Pearland launched the Innovation Hub, proving just how much the city values businesses of all sizes.
When the Pearland Prosperity Community Strategic Plan called for the creation of a hub for entrepreneurship and small business assistance, the idea of the Innovation Hub was born.
Customized for Pearland, the valuable program connects local entrepreneurs and small businesses with the resources they need to grow and succeed.
In order to identify market opportunities and create a supportive plan, the Market Assessment and Business Plan stepped in. It laid out how to encourage innovation and entrepreneurship culture, and connect entrepreneurs and small businesses to resources within the region.
The hub provides valuable programming, events, resources, and establishes partnerships that entrepreneurs need to start, scale, and sustain a business.
This incudes networking events and activities geared to the unique needs of startups and small business owners such as assistance programs, service providers, and funding sources to maximize growth potential and overall success.
Business-plan competitions, proactive coaching, networking events, and student programs are also offered.
Through the events — which feature members as speakers and panelists — and through business spotlights, the hub provides additional business exposure for its members in hopes that it will lead to increased clientele and growth.
Members also have exclusive access to learning opportunities as they relate to starting or scaling their business. This may include topics such as tax advisory, human resources, marketing, operations, IP and patents, and fundraising opportunities.
Pearland Innovation Hub also hosts various educational opportunities such as small business pop-ups, business-plan competitions, pitch parties, hackathons, and reverse pitches.
Upcoming events include Understanding Your Value Proposition on September 17, Addressing Your Pain Points on October 5, and Pitch Desk Prep on October 27.
Pearland Innovation Hub is funded through the Pearland Economic Development Corporation (PEDC). Oversight of the hub is provided by an advisory board and it will transition into its own nonprofit organization.
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The Hub Spot
just joined
Three businesses have just joined Halliburton Labs, a Houston-based accelerator for clean energy startups.
The new members of Halliburton Labs are A-W Energy, a Finland-based startup whose technology converts ocean waves into energy; RedShift Energy, a Pennsylvania-based startup whose technology recovers hydrogen; and Renkube, an India-based startup whose technology aims to lower the cost of producing solar power.
Halliburton Labs says its participants enjoy access to technical expertise, mentorships, and other benefits.
“These new companies reflect our view that numerous innovations at scale are important in the evolution of energy systems. … We are eager to collaborate with these companies to help them achieve their strategic, operational, and financial milestones,” Dale Winger, managing director of Halliburton Labs, says in a news release.
Halliburton, a provider of energy equipment and services, launched Halliburton Labs in 2020. The accelerator, a wholly owned subsidiary of Houston-based Halliburton, is now sifting through applications for its next group of startups. Finalists will make presentations September 28 at a Halliburton Labs pitch day.
Here are details about the three new startups at Halliburton Labs.
AW-Energy
AW-Energy’s WaveRoller technology harnesses kinetic energy from ocean waves to generate electricity.
“With the technology already certified and deployed at commercial scale, we are excited to access Halliburton’s global network and engineering expertise to develop our first series of wave farms,” says Christopher Ridgewell, CEO of AW-Energy.
RedShift Energy
RedShift Energy uses plasma energy to produce hydrogen from hydrogen sulfide. For instance, its technology unlocks trapped reserves downstream and recycles hydrogen upstream.
“Joining Halliburton Labs will accelerate commercialization with the help of their broad expertise, supply chain experience, and worldwide network,” says Alex Gutsol, co-founder and chief scientist of RedShift Energy.
Renkube
Renkube developed a glass designed to harvest light in an effort to lower the cost of generating solar energy. The patent-pending glass is used on solar panels to track sunlight.
“We intend to leverage Halliburton’s deep industrial expertise in manufacturing and operations as we roll out our product for commercialization,” says Balaji Lakshmikanth Bangolae, founder and CEO of Renkube.
AW-Energy’s WaveRoller technology harnesses kinetic energy from ocean waves to generate electricity.
“With the technology already certified and deployed at commercial scale, we are excited to access Halliburton’s global network and engineering expertise to develop our first series of wave farms,” says Christopher Ridgewell, CEO of AW-Energy.
RedShift Energy uses plasma energy to produce hydrogen from hydrogen sulfide. For instance, its technology unlocks trapped reserves downstream and recycles hydrogen upstream.
“Joining Halliburton Labs will accelerate commercialization with the help of their broad expertise, supply chain experience, and worldwide network,” says Alex Gutsol, co-founder and chief scientist of RedShift Energy.
Renkube developed a glass designed to harvest light in an effort to lower the cost of generating solar energy. The patent-pending glass is used on solar panels to track sunlight.
“We intend to leverage Halliburton’s deep industrial expertise in manufacturing and operations as we roll out our product for commercialization,” says Balaji Lakshmikanth Bangolae, founder and CEO of Renkube.
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