Shell Donates Major Gift to Houston Technology Center to Support Emerging Technology Companies

FOR IMMEDIATE RELEASE

 

Houston, Texas (August 1, 2008) - Houston Technology Center (HTC) received a $100,000 donation from Shell Oil Company to support the acceleration and commercialization of emerging technology companies in key sectors including Energy, Information Technology, Life Sciences, Nanotechnology, and NASA/Aerospace technologies.

“Shell strongly supports the mission of the Houston Technology Center and its commitment to transform Houston into the leading center for innovative technologies around the world,” said Marvin Odum, president of Shell Oil Company. “Houston is a city with a tremendous amount of world-class talent and is well positioned to support emerging technologies that further promote economic development,” added Odum.

Supported by local corporations and organizations, leading academic institutions, Greater Houston Partnership, NASA-Johnson Space Center and the City of Houston, HTC has become Houston’s center of technology entrepreneurship. In nine years of operation, HTC has provided input to well over 1,000 entrepreneurs and coached more than 200 companies, helping them raise in excess of $500 million and creating thousands of local jobs.

“Shell’s focus on innovation and technology is closely aligned with our goals to provide in-depth business guidance to entrepreneurs, access to capital and entrepreneurial education for our community. This generous donation is a reflection of their social responsibility and supports the development of our local workforce. Shell has raised the bar and challenges others to match their commitment” stated Walter Ulrich, CEO and President of the Houston Technology Center.

Donors of major gifts such as Shell’s to HTC’s annual Trailblazer Campaign will be honored in several ways including a plaque located at the center.

About the Houston Technology Center

Houston Technology Center (HTC), a non-profit 501(c)(3) , is a business accelerator and the largest technology business incubator in Texas, supported by more than 300 corporations and organizations, Houston's leading academic institutions, Greater Houston Partnership, Texas Medical Center, NASA-Johnson Space Center, and the City of Houston. 

Accelerating the commercialization of emerging technology companies by providing in-depth business guidance, access to capital and service providers, and entrepreneurial education, HTC has become the center of technology entrepreneurship, assisting more than 200 companies within several key sectors: Energy, Technology, Life Sciences, Nanotechnology, and NASA/Aerospace technologies. 

HTC serves as the Gulf Coast Regional Center for the Texas Emerging Technology Fund, providing funding for small to mid-size companies expedite the commercialization of new technologies. For more information, visit www.houstontech.org.

 

CONTACT:

Deena Carstens
Director of Marketing & Communications
Houston Technology Center
Phone:   832-476-9235
Fax:         713-658-1744
www.houstontech.org                         

 

Author: Deena Carstens
Phone: (832) 476-9235
Email:
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