The Amarillo Enterprize Challenge is a program of the WTAMU 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. Amarillo EnterPrize Challenge awards are grants, not loans, and they do not have to be paid back. The money can be used for any purpose, as long as it stays within the business, and is justified by the business plan. Five impartial judges, who are not affiliated with the Amarillo Economic Development Corporation or the West Texas A&M University Enterprise Center, will evaluate the plans. The judges will select finalists and finalists will make an investment pitch and be interviewed by the judges. The judges will select the award recipients, and the Amarillo EDC will present the awards at the Amarillo EnterPrize Challenge Award Ceremony in March.
Amarillo Enterprize Challenge
- Deadline: November 1st at 5 p.m.
Copyright 2013 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.