2019 Amarillo EnterPrize Challenge Recipients

2019 Amarillo EnterPrize Challenge Recipients

The Amarillo Community came together on Thursday, July 18th to celebrate the growth of five local entrepreneurs at the 24th Annual Amarillo EnterPrize Challenge Awards Ceremony. These entrepreneurs were selected as the 2019 recipients of the Amarillo EnterPrize Challenge by five independent judges based on their professional business plans and presentations for investment.

Participants of the challenge went through a challenging seven-month program and several submissions before submitting a 20-page business plan to a panel of independent judges. After they were selected as a finalist, they presented a 10-minute pitch to the judges for the opportunity of investment from the Amarillo Economic Development Corporation. The five businesses selected as recipients of the funds are:

Amarillo Snuff – $100,000
Owner: Dr. Steve Bachman with team members Julie and Smiley Burnett
Amarillo Snuff provides a safer premium alternative to traditional tobacco snuff that looks, pinches, packs and tastes like traditional snuff.

Huseman Consulting Engineers – $65,000
Owner: Joseph Huseman
Huseman Consulting Engineers provides engineering and consulting services, design, coordination and products that fulfill the customer’s needs and improve community projects.

Kids Faith Krate – $75,000
Owners: Lynsey and Beau Gabert
Kid’s Faith Krate is a monthly subscription box that helps parents cultivate their child’s faith with a craft and a new biblical topic that is  conveniently delivered to their door each month. 

Skip’s Mix – $65,000
Owners: Derek & Kyra Skipworth
Skip’s Mix is an award-winning Bloody Mary concentrate with the perfect blend of spices and just a little heat for a custom taste with the ease of a bottled mix. 
 
Skip’s Salsa – $100,000
Owner: Tami Potts
Skip’s Salsa provides a healthy, flavorful salsa at a competitive price that is handmade with quality ingredients.

2019 Judges:
Dr. Amjad Abdullat, WTAMU
Mark Hodges, First Capital Bank of Texas
Barry Lynch, Waypoint Advisory Services
Mindi McLain, Burdett, Morgan, Williamson, & Boykin, LLP
David Salas, Altura Engineering & Design To date, through the Amarillo EnterPrize Challenge program, 96 businesses have received cash grants of as much as $100,000 each, totaling more than $6.3 million in grants over the past 23 years. In addition, these companies have received more than $19.7 million in additional equity capital since receiving their grants.  Reporting firms have 902 employees and generated $156 million of revenue for the Amarillo economy. 

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