About 150 companies have taken the initial step in the Amarillo EnterPrize Challenge, a competition in its 20th year of matching entrepreneurs with capital infusions.
The competition sponsored by the West Texas A&M University Enterprise Center offers a jackpot of $500,000, funded by the Amarillo Economic Development Corp., to be split among winners.
What will start with a transformed Commerce Building could blossom into a four-block West Texas A&M University campus in downtown Amarillo.
“The vision is we wouldn’t stop with one building,” WT President J. Patrick O’Brien said while showing concept drawings to members of the Amarillo Economic Development Corp. Board of Directors on Wednesday. “Don’t get fixated on exactly where things are now.”
After several years of planning, a $200,000, 57-foot traveling classroom will roam the Texas Panhandle with mannequins that simulate diseases and injuries for hands-on medical training.
The SimCentral training facility — operated jointly by Texas Tech University Health Sciences Center, Amarillo College and West Texas A&M University — showed off its mobile simulation lab Wednesday.
The unit is equipped with child and adult mannequins and video and audio monitors designed to simulate treatment situations for training nurses.
Russell Lowery-Hart will serve as Amarillo College’s 14th president after a unanimous vote by the AC Board of Regents Tuesday evening.
Last week, the average long-term U.S. mortgage rates declined, with the 30-year loan rate hitting its low for the year.
Mortgage company Freddie Mac says the nationwide average for a 30-year mortgage fell to 4.1% from 4.12% last week.
The average for a 15-year mortgage, a popular choice for people who are refinancing, slipped to 3.23% from 3.24%.
Mortgage rates have fallen in recent weeks after climbing last summer when the Federal Reserve began talking about reducing the monthly bond purchases it was making to keep long-term borrowing rates low.