The institution is hoping a deal worth up to $25m will create a startup hub.

Houston University is aiming to transform its Energy Research Park into the next Silicon Valley that will create jobs for the local economy and attract venture capital. The deal, announced on May 15, 2014, will be worth up to $25m, with $15m being provided by three private investors – David Franklin, executive vice-president at Consumer Media Network, Huan Le, general counsel for software company DiCentral and co-founder of cloud-based medical records service Medifr, and James Tao, managing partner at Presidio…