where could yourBUSINESS

grow with a share of

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 gains 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. Through coaching and consultation,

the WTAMU Enterprise Center guides entrepreneurs through the funding

process.

What is the Amarillo EnterPRIZE Challenge

2300 N. Western St. Am

arillo, Texas 79124

through business incubation

developing

In addition to funding, recipients wil l also become a client and receive one year of cl ient ser vices and entrepreneurial development assistance from the W TAMU Enterprise Center.

As a WTAMU Enterpr ise C l ien t , you rece ive :

Goal-oriented strategic planning and business coaching

from experienced advisors and certi f ied business coaches.

Networking and training opportunit ies.

Access to shared off ice services and low-cost f lexible leases

with expandable space.

Access to a community of entrepreneurs .

IncubationWorks com

is designed to assist entrepreneurs in launching a new business or expanding an

existing one by preparing them for outside investment. Everyone who participates

gains a better understanding of how to prepare their business for investment.

Qualifying primary industry businesses can request a share of $500,000 in capital

funding.

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.

Through the Amarillo EnterPrize Challenge entrepreneurs proposing to establish

or expand a basic business may request up to $100,000 in funding. Each

request is to be submitted as part of a qualified, bankable business plan.

The maximum amount that can be awarded to any one business is $100,000

and the minimum award request is $1,000. Each entrant must request a specific

amount of funding and fully justify that request. The judges will have the discretion to

award more or less than the amount requested. However, the grant must be specific,

itemized and 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 all

business 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 April.

Amarillo EnterPRIZE Challenge

youBENEFIT

Learn a process for exploring

and capitalizing on business

growth opportunities

Connect with resource

partners and other

successful entrepreneurs

Receive one-to-one and group

assistance in the creation of a

realistic bankable business plan

Receive critical feedback from

five independent judges

Earn the right to share in

$500,000 in Capital Funding

Learn to create time and

space for working on the

business, not just in it

WTEC_12PanelBrochure_FINAL.indd 1 8/6/2012 12:44:10 PM

2012Recipients

AUGUST 2012AEC Orientation #1 Wed., Aug. 22nd, 12:00 - 1:00 pm

AEC Orientation #2 Thurs., Aug. 30th, 4:00 - 5:00 pm

SEPTEMBER 2012AEC Orientation #3 Fri., Sept. 14th, 12:00 - 1:00 pm

AEC Orientation #4 Thurs., Sept. 27th, 4:00 - 5:00 pm

WTAMU Enterprise Center Open House & Judges Q&A Thurs., Sept., 27th, 5:30 - 6:30 pm

AEC 2011 Applications Due Fri., Sept., 28th, by 5:00 pm

JANUARY 2013AEC Business Plans Due Fri., Jan. 11th

FEBRUARY 2013AEC Judges Finalists Selection Wed., Feb. 20th

MARCH 2013AEC Finalists Presentations Tues., March 5th

AEC Awards Ceremony Thurs., March 21st

COACHING SESSIONSOCTOBER 2012 Thurs., Oct. 11th, 11:30 am - 1:00 pm Intro/The Business

Thurs., Oct. 18th, 11:30 am - 1:00 pm Financial Plan/Executive Summary

Thurs., Oct. 25th, 11:30 am - 1:00 pm Product/Services/Management Operations

NOVEMBER 2012 Thurs., Nov. 1st, 11:30 am - 1:00 pm Marketing

Thurs., Nov. 8th, 11:30 am - 1:00 pm Preparing for Investment and Financial Recap

FEBRUARY 2013 Fri., Feb. 22nd, 11:30 am - 1:00 pm Presentation Group Coaching

Calendar ofEVENTS

Actuaries & AssociatesAE & CS Inc.Air OasisAirupsAKSYS Group LLCAmaril lo Catt le FeedersAmaril lo Design Bureau IncAmaril lo Torti l lasAmerican Site BuildersAnderson Automotive, Inc.Canyon Creek Soap CompanyCherished Petals Inc.Cooke Electrical Contractors Inc.

Country Harmony Plastics Inc.Dichonics CorporationDrugAssistant, LLCEnglish Field AviationFilm Amaril lo Fil ter MaxG&M Global Enterprises Inc.Headsets, Inc.Hide-A-Bed Trailer Mfg.Hoop 10ICF Direct Service Center Inc.Innovative Product Solutions, LLCISR Filtration Inc.

Jax Transport LLCKelly & CoLa TapatiaMidwest Fab and ConstructionMilestone ArchitecturalMVC, Inc.Nanofrio, LLCNutri-Chem Inc.Original Condit ionPedal PaddlePilgrim Co. Inc.PlaskaPlasmac Inc.Posh Pinc

Ramblin ProseRoberts Ditching LLCSage Oil Vac, Inc.Skil led Trades CompanySouthCross Operating, LLCSpeed Painting, Inc.Storm Track Shelters Inc.Support Hose StoreTascosa Hot SauceTiernan Aeration, Inc.Tri State Panel Systems Inc.Virtual Drive Management

Past Recipients

The Amarillo EnterPrize Challenge is a small business investment program administered by the WTAMU Enterprise Center and funded by the Amarillo EDC. The program continues to grow and add value to our local economy. Through collaboration with the Amarillo EDC, Amarillo EnterPrize Challenge provides funding that supports entrepreneurship, job growth and the creation of sustainable primary industry for the Amarillo area.

How do I start?Entrants must submit an application,credit and background authorization for all owners and 7 copies of their business plan (following the AEC business plan guidelines and format), no more than twenty pages long, to West Texas A&M University Enterprise Center.

Who can participate?The business must be a primary business. A primary business is defined as one that exports its products or services outside of the Amarillo area, thus bringing new money into the local economy. To meet this definition, you must document that at least 75% of your companys sales would come from outside of the Amarillo area.

Entrants must have acceptable credit and all applicants must agree to a credit history check and background check. People who have been convicted of a felony, or a Class A or B misdemeanor are not el igible to receive awards.

What are the requirements?Businesses must be located in the Amarillo area (Potter or Randall counties) and businesses that receive grants must agree not to relocate for 4 years. Businesses that decide to move out of the area during the four-year period will be required to repay the full grant amount.

Relatives of judges and relatives of staff of the Amarillo EDC, Amarillo EDC Board, WTAMU Enterprise Center, and the Amarillo City Commission are ineligible.

Award recipients must agree to become a client and receive coaching and training from the WTAMU Enterprise Center for one year.

What can I expect if I get funded?All award recipients must provide economic impact data quarterly to the WTAMU Enterprise Center for the life of their business.

How do I enter?

Register online to attend one orientation workshop at www.AmarilloEnterPrizeChallenge.comThe workshops wil l be specif ical ly designed to assist part icipants in understanding the Amaril lo EnterPrize Challenge and helping participants with specif ic data that should be included in a business plan and f inancial statements. Attendance at one Orientation Workshop is required

Guidelines & FAQs

Submit your Application online at www.AmarilloEnterPrizeChallenge.com

Submit a Credit and Background Authorization form online for all business owners with 20% or more ownership in the company, including spouses active in the business.

The Application and all Credit and Background Authorizations must be

received online by the WTAMU Enterprise Center by 5 pm

Friday, September 28, 2012. Please note that there are two parts to the application process. The Application is for contact and company information. The Credit and Background Check Authorization form, includes a relative acknowledgement, permission for the WTAMU Enterprise Network to check your credit history and authorize a criminal background check. Please note that we DO require an electronic signature before you can submit this form online. If a partner owns 20% or more share in your venture, he or she wil l need to complete a Credit and Background Authorization Form and MUST be l isted on the Application.

Attend group coaching workshops.

Submit 7 copies of a Qualified Business Plan to the WTAMU Enterprise Center by 5:00 p.m. on January 11, 2013.

Please fol low the outl ine that is provided. Financial projections and historical data must be included or your plan wil l be disqualif ied.

To date, through the Amarillo EnterPrize Challenge program, 58 businessess have received cash grants of as much of$100,000 each, totaling more than $3.5 million in grants over the past 17 years. Altogether, these firms have created 355 newjobs and brought more than $42 million into the Amarillo economy. In addition, these companies have invested more than$6.7 million in additional capital since receiving their grants .

355 $42 $7.6to the Amarillo Economy

invested in additional capital

new jobs million million

ECONOMIC IMPACT

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All entrants must attend one of four orientation workshops.

Eddie Scott Greenways of AmarilloAmy Henderson Amarillo National BankElliott McKinney IPSJill Dana McDonaldsDon Sanders Sir SpeedyChris Stewart Stewart Law FirmMark Marrs Interstate BankDr. Neil Terry WTAMU COBJohn Marmaduke HastingsDr. Anne Macy WTAMU FinanceAaron Sage Sage Oil Vac

Brett Taylor MicroFourMarvin Franz Wells Fargo BankKaren Suhr-Hicks CastersDr. Barry Duman WTAMU ManagementMelody Brenna MilestoneSam Spradlin TechsprayGregg Jordan Amarillo National Bank Dr. Barry Duman WTAMU ManagementKaren Suhr-Hicks CastersTony Freeman Trafton PrintingMichele Fortunato Brown, Fortunato

Kerry Adair Plains National BankJean Walker WTAMU Finance, Econ., Ed.Charlie Sammann Backyard AdventuresDr. Billy Smith AQHARoger McCoy McCoy Myers & AssociatesGary Wells First State BankJohnny Coker Arden-ParadiseDr. John Cooley WTAMU COBGreg Meador Fellers-AmarilloCindy Kyle Amarillo Hardware Co. Gary Wells First State Bank

OUR INVESTOR COMMUNITY

WTEC_12PanelBrochure_FINAL.indd 2 8/6/2012 12:45:22 PM