The Amarillo EnterPrize Challenge Can Grow Your Business

The WT Enterprise Center and the Amarillo Economic Development Corporation want to help you spend your time where you need to the most, by seeking out and capitalizing on growth opportunities. The Amarillo EnterPrize Challenge is much more than just giving you a chance to win money. The Amarillo EnterPrize Challenge helps you to:

  • Create an investment-worthy business plan to forecast the future of your business
  • Receive mentorship and business coaching to allow you to update your personal skill sets
  • Gain valuable resources and support systems to help you grow as leader in our community

Whether or not you receive the funding, we promise you will walk away from this challenge knowing the steps you need to take to grow your business with resources to help you get there.

How To Participate

Attend A Mandatory Orientation

Dates for the 28th Amarillo EnterPrize Challenge will be announced in Fall ’24.

Submit An Online Application and Authorizations for Credit/Background Check

After Determining Eligibility

Submit Credit & Background Authorization by 11:59 p.m. on Friday, December 1. (The WT Enterprise Center will contact you to perform this after determining eligibility to limit a hard pull on a credit reports.)

Supporting Amarillo Entrepreneurs For Over 25 Years

The Amarillo EnterPrize Challenge is a program of the WT Enterprise Center and funded by the Amarillo Economic Development Corporation. During the annual competition, participants receive qualified coaching and a support system to help them achieve their goals and reach the next level of their business. The Amarillo EnterPrize Challenge began in 1995, and since the WT Enterprise Center started managing the program in 2009, the program has:

  • Awarded 105 cash grants
  • Helped local businesses generate $1.65 Billion in revenue for the Amarillo economy
  • $435 Million in W-2 Payroll
  • Brought $82.5 Million in additional equity capital

And for the 2023 reporting period, Amarillo EnterPrize Challenge recipients reported the following economic data:

• 733 Full Time Employees

• $166 million in total revenue

• $5.9 Million in Capital Investments

Amarillo EnterPrize Challenge

We would like to thank the following organizations for their continued support for the Amarillo EnterPrize Challenge program:

 

Amarillo Economic Development Corporation

Amarillo National Bank

Amarillo National Bank

FirstBank Southwest

FirstBank Southwest

First United Bank

First United Bank

Happy State Bank

Happy State Bank

Interstate Bank

America's SBDC at WTAMU

West Texas A&M University