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DOE taps 3 Houston-area schools for student competition

Teams from three Houston-area universities have been named to the DOE's annual competition. Photo via energy.gov

The U.S. Department of Energy’s Office of Technology Transitions selected 225 teams from 117 schools from 39 states — including three Houston-area universities — to participate in its annual startup competition.

University of Houston, Rice University, and Texas A&M University will compete in the EnergyTech University Prize, known as EnergyTech UP, in the 2024 Student Track. See the full list here.

The EnergyTech UP Student Track tasks collegiate teams to develop “actionable plans for business and commercialization opportunities around high-potential energy technologies.”

The competitors in the event, which is in its third year, will also receive free access to OTT’s Energy I-Corps curriculum. Finalists will receive mentorship from industry leaders on their proposals. Through three phases — Explore, Refine, and Pitch — with Bonus Prize winners also being selected along the way, the teams will compete for more than $400,000 in cash prizes.

Teams will present their proposals to a panel of judges in the hopes of being selected as a finalist in the first phase, the regional Explore Event.

Finalists will refine their ideas before pitching their complete plans at Zpryme’s 2024 Energy Thought Summit in April in Austin, Texas. The goal is for EnergyTech UP’s winning teams to have successfully identified promising energy technology, carefully assess its market potential, and create a business plan.

“We see immense value in supporting the next generation of clean energy leaders through EnergyTech UP” said DOE Chief Commercialization Officer and Director of OTT, Dr. Vanessa Z. Chan in a news release. “These teams are working to develop attainable, equitable, scalable energy technologies and business opportunities. They have the potential to profoundly impact the cleantech industry, and we’re proud to provide resources that can help bolster their ideas.”

Other Texas universities selected this year include:

  • The University of Texas at Austin
  • The University of Texas at El Paso
  • Texas Tech University

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A View From HETI

Three young professionals have made the cut for this year's Forbes Under 30 list in the Energy and Green Tech list for 2025. Photos via Forbes

A handful of Houstonians have been named to the Forbes 30 Under 30 Energy and Green Tech list for 2025.

Kip Daujotas is an investment associate at Aramco Ventures, a $7.5 billion venture capital arm of the world's largest energy company. Houston is the Americas headquarters for Saudi Aramco. Since its inception in 2012, Aramco Ventures has invested in more than 100 tech startups. Daujotas joined the team over two years ago after studying for an MBA at Yale University. He led Aramco’s first direct air capture (DAC) investment — in Los Alamos, New Mexico-based Spiritus.

Also representing the corporate side of the industry, Wenting Gao immigrated from Beijing to obtain an economics degree from Harvard University, then got a job at consulting giant McKinsey, where she recently became the firm’s youngest partner. Gao works on bringing sustainability strategies to energy and materials companies as well as investors. Her areas of expertise include battery materials, waste, biofuels, and low-carbon products.

Last but not least, Houston entrepreneur Rawand Rasheed is co-founder and CEO of Houston-based Helix Earth. He co-founded the startup after earning a doctoral degree from Rice University and co-inventing Helix’s core technology while at NASA, first as a graduate research fellow and then as an engineer. The core technology, a space capsule air filtration system, has been applied to retrofitting HVAC systems for commercial buildings.

Each year, Forbes 30 Under 30 recognizes 600 honorees in 20 categories. The 2025 honorees were selected from more than 10,000 nominees by Forbes staff and a panel of independent judges based on factors such as funding, revenue, social impact, scale, inventiveness, and potential.

Specifically, the Energy & Green Tech category recognizes young entrepreneurs driving innovation that’s aimed at creating a cleaner, greener future.

“Gen Z is one of the fastest-growing groups of entrepreneurs and creators, who are reshaping the way the world conducts business, and our Under 30 class of 2025 proves that you can never begin your career journey too early,” says Alexandra York, editor of Forbes Under 30. “With the expansion across AI, technology, social media, and other industries, the honorees on this year’s list are pushing the boundaries and building their brands beyond traditional scopes.”

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