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http://redlabs==About==<onlyinclude>RED Labs is a Houston-based, non-profit university accelerator founded in 2013. It advertises a wide array of services, including funding, access to experts, office space and mentorship. RED Labs has one director who has indirect entrepreneurship experience in the sector. Of the 18 startups which have enrolled in the RED Labs program, none have received venture capital funding.uhNo company which has participated in the RED Labs program has been acquired or exited in an IPO.edu</onlyinclude>
=Management= *Hesam Penahi, Managing Director*Kelly McCormick, Assistant Managing Director*Interns[[Category:**Travis Arnold**Laura Mahaney =Apply= http://redlabs.uh.edu/apply/Ecosystem]]
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{{Institution|Image=REDLabs.png|Caption=RED Labs Logo|Name=RED Labs is the |Type=University of Accelerator|City=Houston's coworking space, startup accelerator, and technology entrepreneurship program|URL=http://redlabs.uh. They work with UH-affiliated founders (faculty, students, and recent alumni edu/|Cohort Size=18|Percent Funded= 0%|Percent Acquired= 0%|Percent IPO= 0%|Number of the past 6 months) to turn their technology startup ideas into high growth ventures by providing free co-working space, access to mentors and resources in the startup community, and customized startup curriculum. They are non-profit and take no equity.Directors=1|Experienced Directors=1|Date Founded=2013}}During the summer, the accelerator accepts up to ten companies and runs them through a full-time, three-month intensive program with curriculum, mentorship, and more. For the first two Cohorts, RED Labs was housed in Baurer College Part of Business’ Melcher Hall then later moved into the [[Texas Medical Center Innovation|TMCxStart-Up Guide (Issue Brief)]]'s co-working space.Since 2013, 46 founders have launched 17 companies at RED Labs.Series
=Summmer Accelerator=Contact Information=={| class="wikitable"Housed in the Texas Medical Center's new 100,000 square foot Innovation Institute (TMCx), the summer accelerator is an intensive, 3 month program operated in collaboration with Rice University's startup accelerator, OwlSpark|-|Website|http://redlabs. The summer accelerator (Class 4) begins on May 23rd, 2016 and concludes with the Bayou Startup Showcaseuh.edu/|-|AddressDuring the summer accelerator|4750 Calhoun Rd, RED Labs works with founders full time to launch and grow their startups. RED Labs offers co-working space at TMCx and access to mentors from Houston's technology startup ecosystem. Founders are required to attend sessions on topics such as funding, legal considerations, building a team, and other material that RED Labs has developed for earlyTX 77004|-stage founders. They also bring in successful entrepreneurs to recount their experiences and helpful lessons learned.|Email|Upon Request|}
=Pre-Accelerator and Intro to Technology Entrepreneurship=Portfolio==The University of Houston offers credit for working with RED Labs Summer Accelerator as well as taking courses during U of H’s spring semester. This includes an Introduction to Technology Entrepreneurship that involves workshops, guest speakers and case studies focused on helping students understand how to identify problems, create solutions and then build products and companies from that.{| class="wikitable"U of H also offers a Pre! style="text-Accelerator where during the Spring semester, the course helps potential founders develop initial drafts of a business model, product-market fit, and get started on customer validation.align:left;"| Name! VC?! Acquired?! IPO?|}
=Alumni Companies=Directors=={| class="wikitable"! style="text-align:left;"| Name! Bio! Class|-|Greg Wright |RED Labs, Co-producer and Executive Mentor, Qukku, Co-founder and CTO |D1|}
==Services Provided=={| class="wikitable sortable" style="border: 1px solid darkgray; bgcolor: #f9f9f9"|'''Name''' || '''Type of Company''' || '''Cohort''' || |-|Datafuel || Software Training || Class 3 || |-|Guestographer || Event Photography || Class 3 || Funding
|-
|Lumen Motors || Electric Car Design || Class 3 || Experts
|-
|Teomics || BioScience Lab technology || Class 3 || Office Space
|-
|Victory Crate || Board Game || Class 3 || Mentoring
|}
