University of Houston's Red Labs and Rice University's OwlSpark plan to host their accelerator programs in TMCx next summer. The three-month courses include mentorship, fine-tuning of business models and classes on a variety of subjects, culminating in a pitch session that connects the companies with investors, other businesses and members of the community. "The entrepreneurial researchers, students, and alumni of both Rice and UH will greatly benefit from the inspiration generated through the…