The Amarillo EnterPrize Challenge is an annual business plan competition designed to assist local entrepreneurs in launching a new business or expanding an existing business. Qualifying primary businesses* or start-ups can compete for a share of a $500,000 grant, funded by the Amarillo EDC. The program began in 1995 and continues to produce highly successful businesses. View a list of past EnterPrize Challenge winners on Amarillo EDC's Portfolio of Success page.
To date, through the Amarillo EnterPrize Challenge program, 58 businesses have received cash grants of as much as $100,000 each, totaling more than $3.6 million in grants over the past 17 years. Altogether, these firms have created 568 new jobs and brought more than $91.3 million of new revenue into the Amarillo economy. In addition, these companies have invested more than $8.2 million in additional equity capital since receiving their grants.
EnterPrize Challenge workshops and events take place at the WTAMU Enterprise Center, located at:
2300 N. Western
Amarillo, TX 79124
Where could your business grow with a share of $500,000?
Register to participate at www.AmarilloEnterPrizeChallenge.com
A primary business is a for-profit basic-industry business that primarily exports its products or services outside the Amarillo area, thus bringing new money into the local economy. To meet this definition, a company must show that at least 75 percent of the company’s current or projected sales come from outside the Amarillo area and that jobs are or will be located in Potter and/or Randall counties.