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Whatis HX?
Houston Exponentialis a non-profit
organization created to accelerate the
growth of Houston’s innovation ecosystem
What we do:
ConnectInnovators, entrepreneurs,
investors, mentors, and ecosystem partners
AttractTalent and venture capital
PromoteHouston’s strengths,
successes, and momentum
2022 GoalsWhat Houston Exponential will be measured against
Top 10 U.S. innovation ecosystem, top 20
globally
$2B+ venture funding
10,000+ newtech jobs
of the Fortune 500 have fallen out of the
ranking since 1955
5
88%of the Fortune 500 listed in 2000 have since disappeared
50%of today’s
Fortune 500 will be replaced by 2034
ANOTHER
HALF
of corporations want to work with
startups82%
The Future of Innovation is Collaborative
Corporate Disruption is on the Rise
Why the time is right
6 6
• Embeds technology into virtually all non-digital sectors of the economy
• Will emerge and thrive in places that have existing industry expertise
• Defined by partnerships between companies, government and institutions
• Needs hard assets; e.g. testing grounds, manufacturing
• Is where engineering meets the real world
The third wave of the internetmoves opportunity to the industrial
market and will tackle big problems in real world sectors
Innovation Ecosystem Evolution
Research
• Data & Analytics
• Benchmarks
• Shared Vocabulary
Validation
• Validate Problems
• Iterate Strategies
• Create Buy-In
Execution
• Aligning Resources
• Directing Support
• Building Capacity
PlaybookCollaborative Environment
Infrastructure
Four StrategicCommittees
• Thematic Focus Areas− Industrial IoT− Robotics− Cybersecurity− Data Science
• Talent and Learning• Early Stage Investing• Innovation Corridor
Industrial IoT
Data Science
Robotics
Cybersecurity
Innovation Corridor
HX Venture Fund• 1st close October 2018• 2nd close targeted Q2 2019• $50M target fund size• $70M cap
VC GrowthNew and existing Houston offices…• Amplo• Baird Capital• Build Group, Inc.• Cathexis• Cottonwood Venture Partners• Fitz Gate Ventures• Life Science Partners• Mercury Fund• Resolute Venture Partners• SCF Partners• TMC Ventures• Vesalius Ventures
Progress to Date:
Roadmap:
• Ecosystem Database
• Increase Acceleration Capacity
• HX Summits – Growth, Cap & Tech
• Efficient Investment Pipeline
• International Co-Op
Four StrategicCommittees
• Thematic Focus Areas− Industrial IoT− Robotics− Cybersecurity− Data Science
• Talent and Learning• Early Stage Investing• Innovation Corridor
Industrial IoT
Data Science
Robotics
Cybersecurity
IndustrialInternet
ofThings
IIoT
Co ChairEd Moore - Chevron
Co ChairRichard Martin – Aveva
IIOTSMART CITY
Richard Martin (Aveva)Jack Hanagriff (Houston)
Assist the City of Houston in building out a smart city with a focus to attract new IIoT investments and Innovation.
IIoTTALENT
Jessica Autrey (AT&T)TBD
Identify and develop programs to build IIoT talent from K-12, BS-PhD as well as early career professionals.
IIOTINNOVATION
CORRIDOREd Moore (Chevron)
Rahim Ghassemi (Jacobs)
Work closely with Innovation Corridor effort to ensure IIoT capabilities are in place to accelerate IIoT startups and Innovation.
IIOTINVESTMENT
Ken Parekh (AMSYS)Dakota Stormer (Shell)
Identify ways to attract IIoT investment in new startups and innovative efforts that focus on key Houston industries
IIOTIMAGE /
MARKETINGRandy Hoppe (Symphony AI)Quentin Jones (Accenture)
Promote existing IIoT innovation in key Houston industries and develop and promote events and material for IIoT Image Globally
IIoT Team Industry MakeupAerospace
Consulting
Education
Energy
Engineering
Healthcare
Tech
Telecom
Transportation
IIoT Team Ecosystem Makeup
Academia
Corporate
Government
Startup
Key Focus Areas
• City of Houston Smart City initiative• Building out IIoT capabilities in the
Innovation Corridor to attract startups• Developing IIoT Investment
opportunities and startup culture
IIoT Thematic Subcommittee Structure and Focus