The Amarillo EnterPrize Challenge is a program of the WT Enterprise Center, funded by the Amarillo Economic Development Corporation, designed to help entrepreneurs expand an existing business or launch a new business. Everyone who participates will gain a better understanding of how to develop and follow a realistic business plan, and qualifying entrants can request a share of $500,000 in capital funding grants from the Amarillo Economic Development Corporation.
Attend an Orientation workshop
ATTEND AN ORIENTATION WORKSHOP
All participants must attend an Orientation Workshop either online or in person. The Orientation Workshop is designed to help all entrepreneurs who are interested in applying for the EnterPrize Challenge better understand the requirements of the program.
Topics included in the Workshop will include:
- Who can apply
- Important deadlines
- Business planning resources
- and more!
AEC Orientation #1 Tuesday, August 18th (12:00-1:00pm)
AEC Orientation #2 Thursday, September 17th (4:00-5:00pm)
Click Here to RSVP!
In order to be considered for the EnterPrize Challenge, the company must submit the EnterPrize Challenge Application by October 1, 2015.
Credit & Background Authorization Form
In order to participate, all owners with 20% or more ownership of the business must submit a credit/background application form before October 1, 2015.
The application for the 2015-16 Amarillo EnterPrize Challenge will be available August 1, 2015.
The WT Enterprise Center provides business planning workshops in group format to discuss tips, best practices, and overall guidelines to be successful in the Amarillo EnterPrize Challenge. These workshops are meant to provide busy entrepreneurs with the necessary tools and time to be successful at writing their plans.
Group Workshop Dates
Tues, Sept. 22nd, 2015 (11:00am – 1pm)
Tues, Sept. 29th, 2015 (11:00am – 1pm)
Investor Fact Sheet/Financials
Tues, Nov. 3rd, 2015 (11:00am – 1pm)
Business Plan Preparation
Tues, Nov. 10th, 2015 (11:00am – 1pm)
Preparing for Investment/Financial Worksheets
1 on 1 strategy
1 on 1 strategy
Our coaches are all available to meet with applicants to discuss strategy, build financials, and finalize business plans before they are submitted.
Our 5 independent judges will read and score the Investor Fact Sheets to determine who will move on to the next round. In the final round the judges with read, score and choose which business plans move on to presentation day. They will also provide constructive feedback on each business plan to help the entrepreneur succeed.
Scott Bentley - First United Bank
Jake Brecheen - Confluence Security Group
Lyndy Forrester - Amarillo College
Robin Patterson, WTAMU College of Business
Joshua Raef - Chick-fil-A
If your business plan is selected as a finalist, you will be given the opportunity to present your business plan to the judges on Thursday, February 18th, 2016. The judges will then choose which entrepreneurs will receive the grant funding to grow their business.
The 2016 grant recipients will be announced Thursday, March 3rd, 2016 at 5:30p.m. at our Annual Amarillo EnterPrize Challenge Awards Ceremony. To RSVP contact us at (806)374-9777 or by email at email@example.com