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Houston Must Attract More Venture Capital Or Be Left Behind In America’s Innovation Economy, Expert Says

Houston startups’ continued struggle to receive investment is the topic of a report by Rice University

Ed Egan directs the McNair Center for Entrepreneurship and Innovation at Rice University

Houston risks being shut out of America’s future innovation economy if it can’t attract more growth venture capital.

That’s the warning coming out of a report by Rice University’s Baker Institute.

It says that venture capital in Houston went down by at least 13 percent from 2006 to 2016, while it went up nationwide.

Ed Egan, director of the school’s McNair Center for Entrepreneurship and Innovation, co-authored the analysis.

He joins us for the Bauer Business Focus.

Click on the play button above to listen to the interview.

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Florian Martin

Florian Martin

Business Reporter

Florian Martin is currently the News 88.7 business reporter. Florian’s stories can frequently be heard on other public radio stations throughout Texas and on NPR nationwide. Some of them have earned him awards from Texas AP Broadcasters and the Houston Press Club. Florian is a native of Germany. His studies...

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