UTPB Closer to Opening CEED Incubator for Entrepreneurship Ventures
4 Apr 2022
Economic Development
The school received a grant from the Midland Development Corporation for about $117,000.
The Center for Energy and Economic Diversification, otherwise known as the CEED building with UTPB, might be a new hub for startups with an 'incubator' in the works.
"They all have their own types of identity, their own types of programming, I think when you talk more generally about just being able to support start-ups in your area, incubators are those key resources. I think from that standpoint it just says look, if we want to have a vibrant startup ecosystem in Midland and Odessa then having a resource like this is necessary," said Brian Shedd, Executive Director Office of Innovation & Commercialization.
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Plans to make downtown Odessa a hotspot have been in the works for years. On Tuesday, the Odessa city council will consider allocating $1 million in hotel occupancy taxes to Odessa College for the Downtown revitalization project.
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