Skip to main content

Houston Entrepreneurship Programs Lead the Nation

Published Nov 12, 2019 by Maggie Martin

Education

The entrepreneurship programs at the University of Houston and Rice University are number one in the country, according to an annual survey by The Princeton Review and Entrepreneur magazine. 

UH took the top spot in undergraduate entrepreneurship studies while Rice came in No. 1 for its graduate program.

The Cyvia and Melvyn Wolff Center for Entrepreneurship within the C.T. Bauer College of Business jump up from the No. 2 spot on the survey last year, and according to UH has been included in the top 10 since 2007. UH's program launched in 1991 and more than 1,200 businesses have been started over the past decade by Woff Center students and graduates, with identified funding of over $268 million. 

"We’re an entrepreneurial university, and innovation and the startup ecosystem we want to promote for the city of Houston starts with the Wolff Center and Bauer," said Bauer Dean Paul A. Pavlou.

Just a few miles to the west, Rice University and its Jones Graduate School of Business is celebrating its recognition as the top graduate entrepreneurship program in the country, climbing up from last year's No. 3 spot. According to Rice, this marks the 11th year in a row that the school has been ranked in the top 10. The program was founded in 1978. Over the past decade, alumni have created over 530 businesses and raised $7.1 billion in funding. 

“Entrepreneurship and the creation of new businesses and industries are critical to Houston and Texas’ future prosperity and quality of life,” said Rice Business Dean Peter Rodriguez.

The annual survey collected data from more than 300 schools offering entrepreneurship studies, ranking lists for 2020. The Princeton Review tallied the lists based on its June-August 2019 survey of administrators at undergraduate and graduate schools offering these programs. The 60-question survey included questions on: the percentage of faculty, students, and alumni actively and successfully involved in entrepreneurial endeavors; the number and reach of mentorship programs, scholarships, and grants for entrepreneurial studies; and the level of support for school-sponsored business plan competitions.

“The popularity of entrepreneurship has increased exponentially since we began publishing this annual ranking more than a decade ago,” said Jason Feifer, editor in chief of Entrepreneur magazine. “As more future leaders seek out paths to realizing their ambitions, this ranking is a valuable asset they can use in the discovery and exploration process." 

Texas as a whole has also received national recognition for entrepreneurship. 

Earlier this year, a study from FitSmallBusiness.com ranked Texas No. 1 in the nation for female entrepreneurship in large part because of the state's business friendly legal and economic climate. 

Learn more about how entrepreneurs and other innovative business leaders are driving Houston's small business landscape. Meet some of those entrepreneurs by listening to our Small Biz Insider podcasts and watching our video interviews.

 

Related News

Talent

UpSkill Houston Marks 10 Years of Empowering a Skilled Workforce

9/12/24
Since its launch in 2014, the Greater Houston Partnership’s UpSkill Houston initiative has become a cornerstone of regional workforce development, uniting leaders from over 200 businesses, educational institutions, and community organizations to create a skilled and resilient workforce for the Houston and Texas Gulf Coast region. Celebrating 10 years of impact, UpSkill Houston has focused on building talent pipelines essential to the growth and global competitiveness of local industries. UpSkill Houston's regional impact: 150 employers engaged in four industry sector collaboratives focused on building talent pipelines. Over 70 education, community and workforce organizations committed to collaborating with employers. More than 200,000 students impacted, showcasing how deeply intertwined UpSkill’s work is with both the business community and our educational institutions.  Fostering Industry and Education Partnerships One of UpSkill Houston’s key strengths lies in the partnerships it has fostered between industry and education. Through collaborations with Greater Houston Partnership members and partners, these efforts have spurred the development of workforce programs that not only meet the needs of local employers but also provide students with direct paths to sustainable careers. Examples include: San Jacinto College’s Center for Petrochemical Energy and Technology Alvin Community College and Lonza collaboration Industrial Craft Competition at the Houston Livestock Show and Rodeo   A Catalyst for Economic Mobility  “UpSkill Houston plays an important role in the Partnership’s ‘Opportunity for All’ pillar, which aims to increase economic prosperity and mobility for residents while ensuring industries have the skilled workers needed to grow the region’s economy and strengthen its global competitiveness,” Katie Pryor, the Partnership’s executive vice president and chief operating officer, said during the 10th anniversary conference.   In 2023, the Burning Glass Institute (BGI) selected the Greater Houston and Texas Gulf Coast region to be its partner site for its Jobs That Mobilize (JTM) initiative. The initiative is testing and deploying a new data-driven approach that uses skills adjacencies to help workers achieve greater mobility in the Houston region. BGI’s research has uncovered several key insights: On average, skills-based transitions provide a 15 percent wage increase between origin roles and JTM roles.  JTM roles provide long-term mobility for workers.  Roles often expand talent pools for employers by twice or three times more. According to BGI, 37 percent of the skills requirements for a given occupation have changed over the past five years. BGI President Matt Sigelman provided three things the Houston region must do to ensure growth and economic opportunity: Know what talent you will need and where the gaps lie.   Develop a strategy for targeted upskilling and reskilling.  Grow the pie by tapping hidden talent pools and playing your whole team.   Preparing for Houston’s Future Workforce As the regional economy transitions from industrial into a knowledge-based, technology-enabled economy, UpSkill Houston will continue its leadership in driving a skills-first approach that meets the changing demands of employers. “Our human capital is the Houston region’s single greatest asset,” Peter Beard, Sr. Vice President of regional workforce development, said. “Our workforce, whether we cultivate and develop it here in the region or attract it from other parts of the country or world, our workers are the backbone, brainpower, innovation, and ultimately, they are the power that drives and grows our economy.” As UpSkill Houston enters its second decade, the initiative remains committed to ensuring that Houston’s workforce is equipped with the skills needed to thrive in the region’s evolving economy, while continuing to drive inclusive economic growth for all residents. See how UpSkill Houston's decade of collaboration continues to shape the future of workforce mobility and drive economic growth for our region. Learn more about how you can get engaged in UpSkill.
Read More
Education

Greater Houston Partnership Announces Support for Houston ISD's Proposed Bond

8/28/24
HOUSTON (Aug. 28, 2024) – The Greater Houston Partnership is announcing its support for the proposed $4.4 billion bond as approved by the Houston Independent School District (HISD) Board of Managers. With nearly 200,000 students and families served each year, HISD is the largest school district in Texas and the eighth largest in the nation. The Partnership recognizes the importance of a strong public education system in creating economic opportunities for all Houstonians.  The bond, which will not raise taxes, is key to ensuring HISD can safeguard the health and safety of its students, teachers, and staff, provide offerings to prepare students for future career opportunities and build modern learning environments. The proposed bond, which will be on the November ballot, comes at a critical time to provide necessary investment, particularly in vulnerable neighborhoods. HISD has not passed a bond since 2012, which only supported high schools. Elementary and middle schools have not seen significant investment since a 2007 bond. In addition, severe weather events in recent years have further stressed the district's already fragile infrastructure, increasing the likelihood of future disruptions to instructional time. HISD students face unacceptable conditions, including lead-laced water, faulty heating and air conditioning systems, and facilities with rats and mold. The Partnership stands behind Houston ISD's efforts to provide students with the necessary resources, facilities, and opportunities to learn. A strong public education system is vital for the economic development of the Houston region, and the proposed bond will help HISD continue to produce significant workforce talent. ### Media Contact    Brina Morales                                                 Director, Communications     bmorales@houston.org       (c) 832-287-5089             
Read More

Related Events

Education

The Tapestry of Houston – Arts and Culture in the Houston Region

Houston's art culture is vibrant and diverse, reflecting the city's multicultural population and its commitment to fostering artistic expression in all its forms. From world-class museums and theaters to dynamic…

Learn More
Learn More
Executive Partners