Texas Tech University was recently ranked 12th in the nation and fourth in the southwest region for undergraduate entrepreneurial education. According to the Princeton Review, which conducted a comprehensive survey of over 60 questions that considered 40 data points about the programs, students, faculty and alumni of nearly 300 schools, including Texas Tech.
A standout and major contributor to the earned ranking among Texas Tech’s entrepreneurial training efforts is the Innovation Hub at Research Park. The robust program provides students with real-world experience, world-class resources and high-quality faculty who lead and mentor students to success. Through the Innovation Hub, researchers, scientists and other aspiring business owners are able to participate in programs such as Research Week, Red Raider Startup and TTU Accelerator. For more information on these programs, click here.
Local startups like Good Line Beer have experienced tremendous success through Texas Tech that seamlessly translated into the Lubbock community. It is no coincidence that momentous startups originate from humble beginnings in a garage. For Good Line Beer, this is no different. Lubbock’s up-and-coming craft beer scene is bursting at the barrel with high-quality brews, like this one. Opening soon, brewers Chris Troutman and Shawn Phillips will officially join Lubbock’s eco-system of entrepreneurs and community of breweries.
The diversity of businesses that make their way out of the Innovation Hub is far-reaching. Just as brewmasters chemically perfect a Stout, scientists in the medical field are thoughtfully creating solutions to common health concerns, like Polycystic Ovarian Syndrome (PCOS). Jennifer Phy, Ali Chappell and Jaou-Chen Huang make up the team at PCOS Innovations, LLC. Through the Innovation Hub, they have created a research-proven mobile application, PCOS-Diet, to help women diagnosed with PCOS. By providing a nutrition guide, grocery list, recipes, BMI tracker, motivational videos and resources for support, women are well-equipped with the information and support they may need to overcome the symptoms of PCOS. In early 2020, the startup was awarded first place in the TTU iLaunch competition, winning a total of $10,000.
By fostering progress and paving the way forward through encouraging and investing in the next generation of entrepreneurs, Market Lubbock, Inc. provides a variety of avenues for emerging companies to succeed in the Lubbock business community. Grant programs such as the Downtown and East Side Grant assistance were created to incentivize new and long-time Lubbock businesses looking to locate in both downtown and east side neighborhoods to set up shop. With facade and permittable assistance, Market Lubbock will provide financial assistance to offset expenses related to improvements made to these properties.
Behind each small business and startup venture, there are individuals and families who have chosen to invest their time and resources back into the community which has played an integral role in the inception of their dream.