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Greentown Labs Houston up for first-ever climatetech startup incubator

Mayor Sylvester Turner joined Greentown Labs Houston (Greentown Houston) today for a groundbreaking ceremony of the City’s first-ever climatetech startup incubator facility located in Houston’s Innovation District.

Greentown Houston also announced its network of partners has grown by five with the addition of CenterPoint Energy, Gexa Energy of NextEra Energy Resources, EIV Capital, Wells Fargo, and Williams as its newest Founding and Grand Opening Partners. These partners join a diverse group of 16 existing partners that represent a broad community of energy organizations, renewable energy experts, and organizations committed to supporting early-stage cleantech startups.

“Greentown Houston is proud to have CenterPoint Energy, Gexa Energy, EIV Capital, Wells Fargo, and Williams join our roster of partners that are committed to climate action and accelerating the deployment of climatetech solutions,” said Dr. Emily Reichert, CEO of Greentown Labs. “These partners—from energy providers to financial services organizations—will play a pivotal role in enabling the success of both our operations and the Houston startup community.”

In September 2020, Greentown Houston announced its location at 4200 San Jacinto St. in the Innovation District being developed by Rice Management Company. The general contractor for the project is Miller LaPoint Construction, based in Houston. Design services for the project are provided by Abel Design Group and Silverman Trykowski Architects. The incubator will provide more than 40,000 sq. ft. of prototyping lab, office, and community space for about 50 startup companies, totaling 200-300 employees.

After the ceremony, Greentown Houston revealed what the exterior facade of the building and interior layout will look like once it opens. The building’s exterior will be painted gray with Greentown Labs’ brand colors incorporated as accent details. Greentown Houston is working with the Houston Arts Alliance to identify a local artist to install a large mural on the east side of the building to display Greentown Houston’s mission around climate action, community collaboration, and entrepreneurial partnership.

Images and footage of Greentown Houston can be viewed here, and all are invited to a public, virtual EnergyBar networking event on Feb. 4 at 4 p.m. CT / 5 p.m. ET., where attendees will hear a recap of the Feb. 2 ceremony, learn about Greentown Houston’s progress, and get a sneak peek of what the incubator will look like when it opens this spring.

“Houston is delighted to welcome Greentown Labs to our expanding innovation ecosystem, and we can’t wait to see the incubator’s facility open in a few short months,” said Mayor Sylvester Turner. “Last year, we released our first-ever Climate Action Plan, and we believe organizations like Greentown Labs, its impressive network of partners, and climatetech entrepreneurs will help us achieve the ambitious goals outlined in the plan. The City of Houston is focused on catalyzing and leading the global energy transition, and we’re excited to work with Greentown Labs on this effort.”

Greentown Houston is a proud member of the Greater Houston Partnership and is actively involved in the organization’s economic development efforts to help Houston lead the global energy transition.

“It is essential that we position Houston as the leader of the global energy transition, and Greentown Houston is a crucial part of that effort,” said Susan Davenport, Chief Economic Development Officer with the Greater Houston Partnership. “We are thrilled to join Greentown Houston to celebrate this critical step forward in their much-anticipated expansion with the addition of these new partners. These organizations, and the expertise and resources they bring, join a thriving ecosystem built of major corporate energy R&D centers, corporate venture arms, and VC-backed energy startups. We are eagerly anticipating Greentown Houston’s official opening this spring and look forward to working together to build a more efficient and more sustainable low-carbon future.”

Greentown Houston sits adjacent to The Ion, a 288,000 sq. ft. innovation hub that anchors the Innovation District being developed by Rice Management Company.

“We are excited to recognize Greentown Houston’s momentum. This is another step in solidifying Greentown’s presence as Houston’s premier destination for cleantech and climate change technology,” said Ryan LeVasseur, Managing Director of Direct Real Estate at Rice Management Company. “Greentown’s role in the innovation ecosystem further solidifies the Innovation District’s position as a hub for the advancement of the region’s economy. Together, The Ion and Greentown Houston will set a new standard for creating new opportunities for innovators and entrepreneurs

Tendai Guvamombe