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Houston’s Rebellion Photonics Wins Wall Street Journal Start-Up of the Year Competition

Texas Business reports:  HOUSTON—Rebellion Photonics, a Houston Technology Center (HTC) energy client, won first place in the Wall Street Journal inaugural Start-Up of the Year competition. 

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SXSW Interactive Growth Makes It Harder for Startups to Stand Out | UMETime,
SXSW Interactive Growth Makes It Harder for Startups to Stand Out

Brett Berman is hoping his company’s mobile app, UMeTime, will be a hit at next month’s South by Southwest Interactive, the annual Austin tech conference that was a launching pad for Twitter and Foursquare. Berman knows it won’t be easy at an event where dozens of other startups will be competing for the attention of nearly 25,000 attendees. 

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Sheyna Webster for Reporting Texas

Addison and Baylor University Launch Entrepreneurial Incubator

Texas Business reports:  WACO, Texas and ADDISON, Texas—Entrepreneurship students in Baylor University's Accelerated Ventures Program, who launch a new online business as part of their course work, can continue to grow their companies after graduation as part of a new partnership agreement with the Town of Addison, Texas. 

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$6 Million To Expand Texas Venture Labs

Texas Business reports:  AUSTIN, Texas—The Texas Venture Labs at the McCombs School of Business is now the Jon Brumley Texas Venture Labs, in recognition of a combined gift of more than $6 million from Fort Worth businessman and entrepreneur Jon Brumley to fund the growth of the program at The University of Texas at Austin. 

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Cellphones That Can See Through Walls   | health,UTD, Kenneth O, xray cellphone, thz, terahertz,
Cellphones That Can See Through Walls

Texas Business reports: Comic book hero superpowers may be one step closer to reality after the latest technological feats made by researchers at UT Dallas. They have designed an imager chip that could turn mobile phones into devices that can see through walls, wood, plastics, paper and other objects.

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NASA Johnson Space Center Partners With Texas' Largest Tech Incubator and Accelerator

Texas Business reports: HOUSTON—The Houston Technology Center (HTC) and NASA Johnson Space Center (JSC) formed a partnership to further expand HTC's mission of accelerating the growth of emerging technology companies in the Houston region and to develop the insights required to support NASA's long-term goals of increasing private/public collaboration.

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WBBC to Recognize the Best in Women-Owned Business in the Border | elp_txbz, El Paso Hispanic Chamber of Commerce, hispanic, hispanic business, El Paso Community College, Cindy Ramos-Davidson,
WBBC to Recognize the Best in Women-Owned Business in the Border
Texas Business reports:  The Women’s Business Border Center of the El Paso Hispanic Chamber of Commerce is looking female entrepreneurs who embody excellence, professionalism and innovation in border business to be recognized with the 2011 Paradigm Award.  Full Story »
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$2 Million Gift to Baylor University's Hankamer School of Business Funds New Competition for Student Entrepreneurs Across the U.S. | wac_txbz, Baylor University, Hankamer School of Business, Texas Business, TexasBusiness, Baylor Entrepreneurship Challenge, Ken Starr, Entreprenuer, Princeton Review, Terry Maness, Kendall Artz,
$2 Million Gift to Baylor University's Hankamer School of Business Funds New Competition for Student Entrepreneurs Across the U.S.

Texas Business reports:  Baylor University announced today a $2 million gift, given anonymously to the Hankamer School of Business, to endow the Baylor Entrepreneurship Innovation Challenge, a business plan competition that will provide invaluable opportunities for students from all over the nation as they seek to develop their business ideas.


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Dell's $5 Million Grant to The University of Texas at Austin Will Expand RGK Center's Student Social Entrepreneurs Program | RGK, aust_txbz, dell, university of Texas, William Powers Jr., Dell Computer, upport, Dell, Dell Social Innovation Competition, Karen Quintos, Lyndon B. Johnson School of Public Affairs, Peter Frumkin, RGK Center for Philanthropy and Community Service, Robert Hutchings, Tom Meredith, william powers
Dell's $5 Million Grant to The University of Texas at Austin Will Expand RGK Center's Student Social Entrepreneurs Program

Texas Business reports:  In what will be the company's largest cash donation to The University of Texas at Austin, Dell has committed $5 million to the RGK Center for Philanthropy and Community Service at the university's Lyndon B. Johnson School of Public Affairs.


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TNG Pharmaceuticals Wins Global Venture Labs Investment Competition

Texas Business reports:  TNG Pharmaceuticals, a team from the University of Louisville that developed a vaccine to prevent negative effects to cattle from the horn fly, won the Global Venture Labs Investment Competition (Global VLIC), hosted by Texas Venture Labs at the McCombs School of Business at The University of Texas at Austin.


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Consortium launches IC Trust-Hub to enhance computer hardware security | Rice University, William Marsh Rice, trust-hub, hardware security, consortium, University of Connecticut, Polytechnic, New York University, University of California, Los Angeles, computer chips, trojan horse, malicious code, hou_txbz,
Consortium launches IC Trust-Hub to enhance computer hardware security

Texas Business reports:  A consortium of hardware security experts from Rice University, the University of Connecticut, the Polytechnic Institute of New York University and the University of California-Los Angeles has received a $1.2 million federal grant to conduct wide-ranging research aimed at enhancing the integrity of integrated circuits (ICs), the computer chips that are used in virtually all electronic devices today, from cell phones and medical instruments to laptop computers and flat-screen TVs.

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Global Venture Labs Investment Competition Caps Venture Week, May 4-7 | aust_txbz,Event, entrepreneur, Global Moot Corp Competition, McCombs School of Business, Rob Adams, technology commercialization, Texas Venture Labs, Venture Week,
Global Venture Labs Investment Competition Caps Venture Week, May 4-7

Texas Business reports:  Austin—The Global Venture Labs Investment Competition (Global VLIC), the longest-running investment competition for graduate student entrepreneurs, will be held May 6-7 at The University of Texas at Austin.


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Nuevo Midstream Launches with $65 Million Equity Commitment | hou_txbz, sanant_txbz, permian basis, flatrock midstream, Torch Energy, Petroleum fuels, League City, mid_txbz, odes_txbz, elp_txbz,
Nuevo Midstream Launches with $65 Million Equity Commitment

Texas Business reports:  Houston—Nuevo Midstream, LLC secured a $65 million equity commitment to support formation of the company.


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Launch Date Announced For World Largest Rocket Tested In Texas | McGregor, SpaceX, Rocketdyne, Blue Bonnet, Elon Musk, Falcon Heavy, McLennan County,

Falcon Heavy
Launch Date Announced For World Largest Rocket Tested In Texas
Texas Business reports:  The world’s largest rocket, tested at SpaceX’s McGregor site, will be launched on within two years, officials announced. Full Story »
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Rice Alliance for Technology and Entrepreneurship, NASA partner for 4th year at world's largest, richest business plan competition | hou_txbz, Rice University, Nasa, commercial space, commercial space innovation prize, business plan, Rice Business Plan Competition, RBPC, technology, entrepreneurship,
Rice Alliance for Technology and Entrepreneurship, NASA partner for 4th year at world's largest, richest business plan competition

Texas Business reports:  Competitors in the 2011 Rice Business Plan Competition (RBPC) will again be rewarded for commercial space business ideas.


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Firefly LED Lighting Receives Texas Emerging Technology Funding | firefly ETF, emerging technology, LED light, ATI, Austin Technology, energy industry, invent, invention, development, research, texas business, Texas Business,
Firefly LED Lighting Receives Texas Emerging Technology Funding

 Texas Business reports:  The State of Texas Emerging Technology Fund awarded $3 million to Austin Technology Incubator (ATI) member company Firefly LED Lighting for product commercialization.


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Vocal Media Wins Texas Venture Labs Investment Competition | aust_txbz,   Kudos, Austin Technology Incubator, entrepreneurship, investment, aust_txbz, David Saldana, Master of Science in Technology Commercialization Program, McCombs School of Business, Moot Corp, Rob Adams, startup, technology commercialization, Texas Venture Labs, Vocal Media,
Vocal Media Wins Texas Venture Labs Investment Competition

Texas Business reports:  Vocal Media, a company that uses the dead-air time in international phone calls to advertise to U.S. immigrant populations, won the Texas round of the Texas Venture Labs Investment Competition (TVLIC), the University of Texas business school announced.


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Poker buddies band together to sell bearded ski masks — and their plan works
Texas Business recommends this story by Cheryl Hall of the Dallas Morning News:  Earlier this year, a group of poker buddies were playing Texas hold'em at a home in Lakewood when talk turned to what they would do if they became unemployed. Full Story »

As founder of 3 software firms, Dallas-area entrepreneur perseveres through the ups and downs
Texas Business notes this story by Sheryl Jean of the Dallas Morning News:  Linda Hayes wanted to be a tax lawyer but realized she didn't like accounting. Full Story »

University of Houston, Baylor entrepreneurship programs ranked 1 & 2 in the nation | wac_txbz, hou_txbz
University of Houston, Baylor entrepreneurship programs ranked 1 & 2 in the nation
Texas Business notes that the University of Houston and Baylor University took the top 2 spots in the top 25 entrepreneurship programs in the U.S. ranked by Entrepreneur.  Full Story »

Booming Business: Student Entrepreneur Pays Tuition Through iPhone Repairs

Texas Business notes this story by Leslie Cranford of Texas Tech Today:  Daniel Vitiello has multiple locations of his iPhone repair business, is writing a book and plans to further expand his thriving business.

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SMU grad bubbles over with ideas wild and wacky enough to work
Texas Business recommends this story by Sheryl Jean of the Dallas Morning News:  Johnny de la Valdene is an entrepreneur in the truest sense: He has never worked for anyone else.  Full Story »

Austin startup and Rice report chip research breakthrough
Texas Business recommends this story by Kirk Ladendorf of the Austin American-Statesman:  Researchers at Rice University unveiled a new laboratory discovery this week that might one day become a new method for making ultra-dense computer memory chips. Full Story »

Wilco Angel Network is looking for startups to back

TexasBusiness.com notes this story by Lori Hawkins of the Austin American-Statesman: Williamson County's newly formed angel investor group has completed its first deal and is looking for more.

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Houston Venture Capital Firm Invests $3 Million in Swift Biosciences

Texas Business reports:  DFJ Mercury of Houston spearheaded a $3 million investment in Swift Biosciences Inc., a Michigan-based life sciences company,

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Texas Rain already pouring in profit
TexasBusiness.com recommends this story by Christopher Calnan in ABJentrepreneur.com: David Schraub was planning to transition from the semiconductor industry to solar energy when he got what many could call a true brainstorm. Full Story »

UNT boot camp aids startup

TexasBusiness.com recommends this story by Candace Carlisle of the Denton Record-Chronicle: After Janet Sigler was laid off two years ago, she started caring for her diabetic mother, who had an intolerance to the artificial sweeteners that are commonly found in sugar-free foods.

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Five start-ups graduate from Tech Wildcatters' first boot camp

TexasBusiness.com notes: When Vickie Morris and Jeff Borden enrolled in Tech Wildcatters' 12-week boot camp for entrepreneurs in May, they had one product and two customers.

Since then, their Brand Protection Agency launched two more Web-based products to monitor and enforce branding, pricing and intellectual property, reports Sheryl Jean of the Dallas Morning News.

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Tang Energy Group to resume site search for North American windmill rotor plant

TexasBusiness.com notes:  With political storm clouds apparently clearing, Dallas-based Tang Energy Group and its Chinese partners have agreed to resume a site search for a North American factory that would build fiberglass wind-power rotor blades.  Tang CEO Patrick Jenevein said his partners with HT Blade in Baoding, China, agreed at a meeting last week to start looking again, reports Jim Landers of the Dallas Morning News. 

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Fundraising is on for InCube
 TexasBusiness.com notes: San Jose, Calif.-based InCube Labs, which plans to expand its successful medical devices incubator to San Antonio later this year, and its chairman, Mir Imran, continue to raise more private investments for a support venture capital fund while applications for state investment receives consideratio, reports David Hendricks of the San Antonio Express-News.  Full Story »

Frisco incubator to partner with 10 venture capital firms
 Frisco business incubator NTEC Inc. later today will announce plans for a new program to help restart venture capital investments in young companies in the Dallas area. Through its Venture Alliance Partner Program, NTEC will partner with 10 mostly out-of-state venture capital firms. Dallas-based Sevin Rosen Funds is one of only two Texas funds involved, reports Sheryl Jean of the Dallas Morning News.  Full Story »

Workstreamer Raises $3.5 Million
 Austin Ventures leads financing of Workstreamer - backing the next-generation business listening platform

Austin’s Workstreamer, a business listening platform company defining a new category - business information as a service, today announced that the company has secured $3.5 million in funding in their Series A round.

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Crematory opens in Wichita Falls
 The Raymond “Ray” Lunn family has opened the city’s first cremation center, according to spokesman Will Lunn. It is at Falls Funeral Home and Cremation Center, 1903 Austin St., reports the Wichita Falls Times Record News.  Full Story »

Steps toward a better world
 TexasBusiness.com notes this story by William Pack of the San Antonio Express-News:  A San Antonio-based sandal company hopes to redefine putting the best foot forward. VOS sandals — or flips, as the company calls them — is the brainchild of San Antonio native and St. Mary's University MBA recipient José Alejandro Flores, 29.
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Zilliant Receives $13 Million to Support Expansion
  Austin-based Zilliant, the leading provider of price optimization and margin management solutions for B2B manufacturers, distributors, and industrial service companies, announced in a prepared statement it has completed $13 million in financing from existing investors SMH Private Equity Group, ABS Ventures, Austin Ventures and Trellis Partners.

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Dehydrated baby food hits Austin market
 Two Austin women have come up with a dehydrated baby food called Nurturme. Nurturme is dehydrated foods that are prepared by adding water, breast milk or formula at home. The creators said the dehydrating process preserves more nutrients, reports Kate Weidaw of KXAN. 

 

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Callie Works-Leary, founder of Dallas-based modern fabric boutique CityCraft, honored as one of America’s coolest young entrepreneurs by national bu
TexasBusiness.com notes:  Inc., the national magazine for growing companies, released the 2010 Top 30 Under 30 list today, naming Dallas business owner Callie Works-Leary as one of the “coolest entrepreneurs in America”.    Full Story »

Click Forensics raises $6 million
 Austin-based Click Forensics Inc., which develops software that detects online advertising fraud, has raised $6 million for new product development, reports Lori Hawkins of the Austin American-Statesman. 
 
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Lubbock couple opens indoor golf simulator
 Chili Dippers Indoor Golf Club features the state-of-the-art GolfAchiever simulator, which uses a grid of lasers to calculate one's swing, allowing simulation play on more than 10 famous golf courses, reports Walt Nett of the Lubbock Avalanche-Journal.  Full Story »

SpareFoot.com raises $2 million
 Lori Hawkins of the Austin American-Stateman reports Austin startup SpareFoot.com, which operates an online marketplace for self-storage listings nationwide, has raised $2 million to accelerate hiring and expand marketing efforts. Full Story »