January 10, 2019
Houston continues to promote itself as a potential technology center, with the latest entity aimed at helping innovative businesses through a non-profit arrangement with a focus on energy and other businesses.
Station Houston was started two years ago as a for-profit company, but it’s just recently converted to non-profit status, the Houston Chronicle reports, allowing it a broader reach with an in-house accelerator program to concentrate on energy as well as industrial and transportation company start-ups.
CEO Gaby Rowe told the newspaper that there’ll be a new initiative, called Station 3.0, to focus on industrial and business-to-business entrepreneurs, taking advantage of Houston’s strengths as a global corporate center.
The group will not take take equity positions in startups.