Nanotechnology Now - Press Release: "Houston Technology Center (HTC) strengthens commitment to renewable energy"

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Abstract:
HTC enthusiastically supports Governor Perry's new bio-energy initiative

Houston Technology Center (HTC) strengthens commitment to renewable energy

HOUSTON, TX | Posted on July 10th, 2007

"To maintain our status as the global energy capital, Houston must leverage its leadership in conventional energy to promote renewable energy development, ensuring a steady energy supply while preserving a healthy environment", said Walter Ulrich, HTC's President and CEO. "Governor Perry's new bio-energy initiative is of great significance, considering the rich agricultural community of Texas and the extensive research of renewable energy technology being done in our state", he added.

Governor Perry's initiative is consistent with HTC's recent increased emphasis on fostering the growth of emerging companies developing technologies that support development of renewable energy, including bio-fuels, wind energy and hydro energy, as well as more efficient and environmentally conscious methods for exploration and production of conventional energy.

Energy is one of five key sectors for technology growth in Houston identified in HTC's recently completed strategic plan. HTC works to identify emerging companies developing technologies that support the energy sector and provides business guidance, mentoring, networking and education to help them grow and commercialize their innovative technologies. HTC plans to further grow the sector and place an enhanced emphasis on renewable energy technologies adding more clients in this area.

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About Houston Technology Center
Houston Technology Center (HTC), a non-profit 501(c)(3) corporation, is Houston’s business accelerator and the largest technology business incubator in Texas. HTC accelerates the commercialization of emerging technology companies by providing in-depth business guidance, access to capital and service providers, and entrepreneurial education. Supported by more than 300 corporations and organizations, Houston’s leading academic institutions, the Greater Houston Partnership, the Texas Medical Center, NASA-Johnson Space Center, and the City of Houston, HTC has become the center of technology entrepreneurship by assisting more than 200 companies within several key sectors: Energy, Technology, Life Sciences, Nanotechnology, and NASA/Aerospace technologies.

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