Amarillo EnterPrize Challenge Orientation

Calling all business owners!! Orientation dates are coming up! Come learn more about the Amarillo EnterPrize Challenge and more information about how to qualify for up to $75,000 to assist in expanding your business! Business owners can apply at AmarilloEnterPrizeChallenge.com and must attend one mandatory orientation to review the process of eligibility and selection requirements. Orientation sessions begin Oct. 31. This year, primary business owners located in Potter or Randall County can compete for award amounts up to $75,000 to grow their business. The total prize pool is $300,000. The Amarillo EnterPrize Challenge is a program of the WT Enterprise Center and is funded by the Amarillo Economic Development Corporation. The Amarillo EnterPrize Challenge aims to assist entrepreneurs in expanding an existing primary business outside of the Amarillo Metropolitan Statistical Area. During the annual challenge, participants receive qualified coaching and a support system to develop and execute a realistic business plan to scale their company over a five-year period. Since the creation of the Amarillo EnterPrize Challenge in 1995, more than 100 participants have been awarded more than $7.5 million in capital. Since the WTEC started to manage the program in 2009, AEC recipients have reported a combined revenue of more than $1.48 billion with $407 million in payroll. As a result of winning the competition, those businesses have helped to increase revenue, pay taxes, and stimulate other economic activities in the region. If you are interested in the program and don’t know if it is a good fit, we encourage you to attend an orientation session where we will help you answer that question. For more information, visit AmarilloEnterPrizeChallenge.com, call 806-651-8500 or email info@WTEnterpriseCenter.com.