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 Thursday, August 25th (12:00-1:00pm)
AEC Orientation #2 Thursday, September 8th (4:00-5:00pm)
Register Online to Attend Orientation!
RSVP for Orientation at the Enterprise Center!
In order to be considered for the EnterPrize Challenge, the company must submit the EnterPrize Challenge Application by September 30, 2016 by 5:00pm.
Register and Apply for the AEC Here!
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 September 30, 2016 by 5:00pm.
Credit/Background Authorization Form
The application for the 2016-17 Amarillo EnterPrize Challenge will open August 1st at 8:00am!
EnterPrize Challenge Resources
After each coaching session the resources and tools discussed will be uploaded. To get the most out of the business plan writing process, we encourage you to attend each group coaching session.
2015-2016 AEC Workbook
Investor Fact Sheet
Business Model Canvas Presentation
Business Model Canvas
Sample Source & Use of Funds
Sample Historical Financial Statements
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. 13th, 2016 (11:00am – 1pm)
Tues, Sept. 27th, 2016 (11:00am – 1pm)
Investor Fact Sheet/Financials
Tues, Nov. 8th, 2016 (11:00am – 1pm)
Business Plan Preparation
Tues, Nov. 15th, 2016 (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.
Amarillo EnterPrize Challenge participants must submit an online PDF copy of their Investor Fact Sheet for the first round of the challenge by Friday, October 14th, 2016 by 5:00pm. The investor fact sheets will be judged by 5 independent judges who will determine the top 15 to move on to the next stage of the challenge.
Amarillo EnterPrize Challenge participants must submit an online PDF copy of their business plan, along with two delivered hard copies by Friday, December 16th, 2016 by 5:00pm. The plans will be judged by 5 independent judges who will determine the top finalist to present their idea on presentation day.
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 will read, score and choose which business plans move on to presentation day. Once they have heard each finalist present their business idea, the judges will determine who will win a share of $500,000 in grants.
Steve Bowen - Happy State Bank
Jake Brecheen - Confluence Security Group
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 2017 grant recipients will be announced Thursday, March 2nd, 2017 at 5:30p.m. at our Annual Amarillo EnterPrize Challenge Awards Ceremony. To RSVP contact us at (806)374-9777 or by email at firstname.lastname@example.org