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The WTAMU Enterprise Center is a center for entrepreneurial development. Through an

annual report

entrepreneurial community and the process of incubation, the Enterprise Center

“Top athletes

captures each

and singers

entrepreneur’s

have coaches,

uniqueness and catalyzes innovation and economic development throughout our

shouldn’t you?” We develop top performers.*

region.

The Center for Entrepreneurial Development

2011


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Norris Audio Video Systems NanoFrio Murf Systems Liquid Siding Leadership Amarillo and Canyon Law Office of Chris Stewart Jax Transport Interra Fanellis Finest

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Established Digital Advertising Entrepreneurs English Field Aviation Dichonics Caprock Building Systems BarZ Wines Animal Innovations American Site Builders Air Oasis


/2011 {navigation} The Center for Entrepreneurial Development The mission of the WTAMU Enterprise Center is to apply the principles of business incubation as a catalyst for innovation and entrepreneurial development in order to foster economic growth for Amarillo and the Texas Panhandle region.

p2-3 director’s message

p4-5 incubation works new clients

p6-7 amarillo enterprize challenge 2011 recipients

p2-3 programs facilities

p4-5 economic data team

p6-7 partners and collaborations connections

p2-3 youth entrepreneur development

p4-5 community of entrepreneurs

p6-7 looking ahead

Business incubation is a dynamic process of entrepreneurial development. The support and synergy found through the Enterprise Center help entrepreneurs overcome risk, isolation, and barriers to success. Our Vision To create an area-wide entrepreneurial culture by: Providing facilities to entrepreneurs that allow them to reduce risks, to lower capital and operating costs, and to assist with their early success. Providing individual coaching and business-building training programs that teach best business practices, foster competitiveness, and empower entrepreneurs to become self-sufficient. Providing education, leadership, and encouragement for innovation and creativity. Providing a model for entrepreneurial excellence.


Incubation and the entrepreneurial community...

{director’s message} Dear Valued Partners, This was a defining year for the Enterprise Center. It was a year filled with transition, growth, and optimism for the future.

The first item on the agenda for community building, especially in this legislative year, was a focus on long-term sustainability – resources, programs for assisting entrepreneurs, and environmental sustainability. Through an engagement with Business Cluster Development, a consulting group, we conducted broad-based community interviews with stakeholders and clients. The recommendations provided insight to our role in fostering successful business in Amarillo and the surrounding region. That study, coupled with our strategic plan, formed the plan of work for the remainder of the year, and beyond. In 2011, we began construction to accommodate additional conference space, office space, a coworking area and a commercial kitchen. These new spaces open up a new realm of possibilities for food manufacturing, new knowledge-based businesses and collaborative work space for those in the community who want to network and be part of a growing, energetic environment for entrepreneurs.

We are blessed to have a fun, hardworking team, coachable clients and a fantastic array of partner organizations who make entrepreneurial development in the Panhandle region possible.

Our theme was “building a community of entrepreneurs,” and our desire was to energize and accelerate entrepreneurs by enhancing our programs, services and our space.

We were awarded an EDA University Centers grant to foster and promote entrepreneurial culture throughout the region. Partnering with LeadingEDG, a new company focused on business facilitation and economic development, we assist start-up and early-stage entrepreneurs in communities throughout the region. Other activities include commercialization of technology, sales training, and partnerships with local news affiliates to promote entrepreneurship as a way of life.

We also expanded our programs to include a weekly preincubation program that helps founders in the development and commercialization of an idea, called Idea Village. This program engages entrepreneurs at the idea stage so that they begin to see the real market opportunity for their idea, and helps them communicate it to potential investors and customers who have a need for the problem they solve.

This year we added 13 clients to the incubation community. We are at 85% occupancy. Not only are we experiencing tremendous growth and acceleration among our client companies, we are also seeing increased demand in five distinct sectors: manufacturing, distribution/logistics, food, agriculture technologies and clean technologies. So, in an effort to support our mission as a catalyst for innovation and entrepreneurial development, we took a glance into the future of the Enterprise Center, and we proposed the acquisition of 2.5 acres of land that will expand our entrepreneurial campus to more than 70,000 square feet. We are blessed to have a fun, hardworking team, coachable clients and a fantastic array of partner organizations who make entrepreneurial development in the Panhandle region possible. I’m pleased to present this year’s annual report. In an effort to expand our thriving entrepreneurial community,

Incubation Works!


{david terry}


“Coaching is a catalyzing relationship that accelerates the process of great performance. Through this collaborative partnership, we connect with clients at the deep personal level of beliefs, values and vision…” Successful entrepreneurs thrive in an environment of their peers where camaraderie, accountability, and creativity are present. The Enterprise Center is evolving into a culture that depicts this professional entrepreneurial environment. This is a place where you can be real, where you can explore the possibilities to realize your dreams and be part of a family of diverse and dynamic entrepreneurs. Much of this culture is directly derived from the coaching experience. Whether internal or external, all clients receive hands-on management assistance and coaching from experienced coaches.

incubation

The Enterprise Center welcomed 13 clients in 2011 American Site Builders

JAX Transport

BarZWinery

LeadingEDG

Caprock Builders

Liquid Siding of Amarillo

Dichonics

Murf Systems

English Field Aviation

NanoFrio

Established Digital Advertising

Speed Painting

Fanelli’s Finest

Graduated 1 client

Interra


Why Incubation? The incubation process allows entrepreneurs to preserve capital and gain external support to accelerate their businesses’ growth. Through business incubation, the Enterprise Center captures each entrepreneur’s uniqueness and offers support and customized services to maximize businesses potential.

The Egg The WT Enterprise Center offers pre-incubation services that assist entrepreneurs in taking their ideas and concepts to market. Our pre-incubation services and programs assist in discovering the viability and the opportunity for an idea to become a success. We provide hands-on guidance for entrepreneurs to make their first steps while minimizing risk and

The Hatch Incubation combines facility resources, support services, strategic consulting and coaching to achieve ambitious results in an accelerated time frame. The support and synergy from the Enterprise Center help entrepreneurs lower risks, overcome isolation, and break down barriers to success.

isolation.

not for chickens

Who’s Hatching Enterprise Center clients are basic-industry businesses—ones that primarily export their products or services outside the Amarillo area, bringing new money into our local economy. Industries currently supported by the Enterprise Center include wind technology, construction, environmental technology, manufacturing, information technology, food manufacturing, sales, service and distribution, graphic design, and

Leaving The Nest The ultimate goal of incubation is to launch profitable, sustainable entrepreneurial companies. Graduation is determined cooperatively based on mastery of core business functions; for most companies, it will take place within three to five years.

medical technology.

works Clients of the WTAMU Enterprise Center receive a variety of services through incubation including: Goal oriented strategic planning and business coaching from experienced coaches Hands-on management assistance Networking and training opportunities

Access to state-of-the-art conference and training rooms Reduced cost of Enterprise Center sponsored training events Access to shared office services & reduced cost, flexible leases with expandable space


Good plans shape good decisions. That’s why good planning helps to make elusive dreams come true.

- Lester Robert Bittel (b. 1918), writer

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. To date, through the Amarillo EnterPrize Challenge program, 52 businessess have received cash grants of as much as $100,000 each, totaling more than $3 million in grants over the past 16 years. Altogether, these firms have created 327 new jobs and brought more than $27.3 million into the Amarillo economy. In addition, these companies have invested more than $6.7 million in additional capital since receiving their grants.

1552

Total # of entrepreneurs that have participated in the business planning process through Amarillo EnterPrize Challenge

52

Total # of businesses funded

76.09%

% of businesses funded by AEC that are still in business

3 million

$

Total amount of $ invested

327

Total # of jobs added

27.3 million

$

Total revenues added

6.7 million

$

Total additional capital invested

98

Average # of entrepreneurs that receive business planning assistance each year through AEC workshops/consultation (September - January)

Amarillo EnterPrize Challenge Judges 2010-2011 Dr. Neil Terry – WTAMU COB Eddie Scott – Greenways of Amarillo Amy Henderson – Amarillo National Bank Elliott McKinney – IPS Jill Dana – McDonald’s

2004-2005 Tony Freeman – Trafton Printing Michele Fortunato – Brown, Fortunato Melody Brenna – Milestone Sam Spradlin – Techspray Gregg Jordan – Amarillo National Bank

2009-2010 Don Sanders – Sir Speedy Chris Stewart – Stewart Law Firm Mark Marrs – Interstate Bank Dr. Neil Terry – WTAMU COB Eddie Scott – Greenways of Amarillo

2003-2004 Kerry Adair – Plains National Bank Jean Walker – WTAMU Finance, Econ., Ed. Charlie Sammann – Backyard Adventures Tony Freeman – Trafton Printing Michele Fortunato – Brown, Fortunato

2008-2009 John Marmaduke – Hastings Dr. Anne Macy – WTAMU Finance Don Sanders – Sir Speedy Chris Stewart – Stewart Law Firm Mark Marrs – Interstate Bank

2002-2003 Dr. Billy Smith – AQHA Roger McCoy – McCoy Myers & Associates Kerry Adair – Plains National Bank Jean Walker – WTAMU Finance, Econ., Ed. Charlie Sammann – Backyard Adventures

2007-2008 Aaron Sage – Sage Oil Vac Brett Taylor – MicroFour Marvin Franz – Wells Fargo Bank Dr. Anne Macy – WTAMU Finance John Marmaduke – Hastings

2001-2002 Gary Wells – First State Bank Johnny Coker – Arden-Paradise Dr. John Cooley – WTAMU COB Dr. Billy Smith – AQHA Roger McCoy – McCoy Myers & Associates

2006-2007 Karen Suhr-Hicks – Casters Dr. Barry Duman – WTAMU Management Aaron Sage – Sage Oil Vac Brett Taylor – MicroFour Marvin Franz – Wells Fargo Bank

2000-2001 Dr. John Cooley – WTAMU COB Greg Meador – Fellers-Amarillo Cindy Kyle – Amarillo Hardware Co. Gary Wells – First State Bank Johnny Coker – Arden-Paradise

2005-2006 Melody Brenna – Milestone Sam Spradlin – Techspray Gregg Jordan – Amarillo National Bank Dr. Barry Duman – WTAMU Management Karen Suhr-Hicks – Casters


Funded by

2011 Recipients nanoFRIO, LLC

American Site Builders, LLC

Jax Transport, LLC

nanoFRIO’s advanced technology is proven, revolutionary and capable of creating a worldwide center for production of energy conserving components. nanoFRIO will manufacture it’s unique core component in Amarillo under five issued patents. nanoFRIO will produce ultra high efficiency cooling and air conditioning systems that use only 10% of the electrical energy of conventional systems.

American Site Builders (ASB) is a civil concrete contractor for the energy and utility industries. ASB specializes in deep drilled pier concrete foundations for electrical components for substations, transmission lines, wind turbines, and power generation plants.

JAX Transport is a corporation that provides on time food transportation and distribution services throughout the entire 48 states via (truck/trailer) semi trucks and 53’ refrigerated trailers.

English Field Aviation

Posh Pinc

Dichonics Corp.

English Field Aviation, established in 2010 is an aviation inspection and repair facility. English Field performs inspections, parts, service and repairs for private airplanes and service ground equipment for major airlines at Amarillo airport.

Posh Pinc, established in 2006, is a businessto-business manufacturer and distributor of hair bows, accessories and apparel. Products include bows, headbands, hats, paci clips, flowers, clippies, bow holders and tutus for children’s fashion.

Dichonics is a medical device company formed in 2010 and is derived from the word “dichotic” which means two different acoustic signals (sounds). Dichonics’ technology involves using complex mixtures, different in each ear, to neurologically cancel tinnitus.

Past EnterPrize Challenge winners Actuaries & Associates AE & CS Inc. Air Oasis Airups AKSYS Group LLC Amarillo Cattle Feeders Amarillo Design Bureau Inc Amarillo Tortillas American Site Builders Anderson Automotive, Inc. Brush Eaters Inc. Canyon Creek Soap Company Cherished Petals Inc. Cooke Electrical Contractors Inc. Country Harmony Plastics Inc.

Dichonics Corporation DrugAssistant, LLC English Field Aviation Film Amarillo Filter Max G&M Global Enterprises Inc. Headsets, Inc. Hide-A-Bed Trailer MFG. Hoop 10 ICF Direct Service Center Inc. Innovative Product Solutions, LLC ISR Filtration INC Jax Transport LLC Kelly & Co La Tapatia

Midwest Fab and Construction Milestone Architectural MVC, Inc. Nanofrio, LLC Nutri-Chem Inc. Original Condition Pedal Paddle Perdue Acoustics Pilgrim Co. INC Plaska Plasmac Inc. Posh Pinc Ramblin Prose Roberts Ditching LLC Sage Oil Vac, Inc.

Skilled Trades Company SouthCross Operating, LLC Southern Magnolia Equipment Co. Speed Painting, Inc. Storm Track Shelters Inc. Support Hose Store Tascosa Hot Sauce Texas Film/Film Amarillo Tiernan Aeration, Inc. Tri State Panel Systems Inc. Virtual Drive Management WayPoint Advisory Services, Inc. Wheeler Foggers, LLC


Lunch & Learn Annual event attendance: 522 For the fourth year, area entrepreneurs come together to share the “Big Idea” that catapulted their business to the next level. This monthly networking event has consistently grown year over year, providing a connection point for entrepreneurs throughout our community. 2011 L&L Speakers:

Joab Perdue, CEO Perdue Accoustics

Pattilou Dawkins

Derek Neill Founder In Pursuit of Wellness IPOW

John Sturgeon Financial Advisor, Owner Party Stop

Victor Leal Owner Leal’s

Monty Dixon Founder Wine Maker BarZWines

Adair Buckner Attorney at Law

Jody Holland Murf Systems

Josh Wood Wood Financial

Brent McClure CEO NewsChannel10

Dr. James Hallmark

President Wolflin Village

West Texas A&M University

Enterprising Ideas Annual attendance: 75 Enterprising Ideas Quarterly Training is a half-day program with hands-on facilitated workshops. These workshops are designed to provide entrepreneurs and established businesses’ managers with critical evaluation tools and action steps needed to maximize growth and profitability. 2011 Enterprising Ideas Speakers: 1st Quarter: Sincere Selling, with Real Results Presented by: Coco Duckworth, CEO Encourage Consulting 2nd Quarter:

What do you know about Culture? Presented by: Hiliare Henthorne, Passionate Purpose Coaching

3rd Quarter: Five Musts for the Modern Day Entrepreneur Presented by: Tracy Hays, Hays and Hays, CPA’s 4th Quarter: Create a sales system and get in front of the customers you want to Presented by: Amy Keuper, Initial Call

Idea Villiage Participants: 5 Idea Village is a pre-incubation program designed for a group setting in which WT Enterprise Center staff work directly with entrepreneurs and founders. The collaborative work space makes for a dynamic process that allows an entrepreneur to find the real business value inside their innovations. Idea Village was launched in 2011 as the cornerstone program for pre-incubation services. 4 businesses launched.

The WTAMU Enterprise Center strives to provide timely entrepreneurial training programs for incubator clients and the business community. Through networking events, collaborative training events and on-going group coaching programs, the WTAMU Enterprise Center empowers our business community to grow and excel.

programs


Almost as hard as finding your first customer is following up with your second‌. Not anymoreThe Enterprise Center continues to grow. At year end 2010, 78% of our leasable space was occupied. 2011 brought an additional 13 incubation clients and a need for additional shared space and amenitites to support sector focus.

{facilities}

Leased office space increased 20% from 2010 and provided tangible proof of a need to pursue sustainable processes, facilities and relationships to support the growth of our entrepreneurial community. Shared facilities include: CoWorks, a designated coworking space. Shared workspace with shared printers and office resources. Two private conference rooms with audio/video and teleconference technology. A state-of the art training room. Break rooms-with full kitchens, showers and lockers for production support staff. All shared facilities are Wi-Fi enabled and utilize VOIP phone systems, providing flexibility throughout the building. Over 101 days were reserved for collaborative client meetings in our conference room in 2011. Eighty four events held in the training room at the Enterprise Center in 2011. The Enterprise Center is the Center for Entrepreneurial Development. The Enterprise Center currently offers client companies: 10 production spaces ranging from 840 sq. ft to 1764 sq. ft per space.

Production space amenities include dock-high accessibility, gas, water, air conditioning, warehouse space with some including attached office space.

24 office spaces ranging from 152 sq. ft to 269 sq. ft. Office amenities include networked server accessibility, carpet, and whiteboard space.

Innovative and flexible facilities are essential to entrepreneurial development and growth. Graduated flexible lease rates allow Enterprise Center clients to move 2-3 times within the facility as growth occurs, preserving more capital for business growth and strengthening the community engagement within the Enterprise Center.

22% Available 2,750 sq. ft.

95% Office 3,900 sq. ft.

78% Total Leased 12,638 sq. ft. Production Space: 8,543 sq. ft. Office Space: 4,095 sq. ft.

70% Production 5,988 sq. ft.


We’d like to put an end to your small business.

The Enterprise Center connects entrepreneurs to valuable resources and provides training and networking opportunities catalyzing innovation throughout our business community. economic impact data

2009

2011

2009

353 292 213 2009

2010

Combined attendance for entrepreneurial training programs including Enterprising Ideas, Lunch & Learn, Idea Village and the Amarillo EnterPrize Challenge was 643 in 2011. Through these programs, entrepreneurs and business managers have been trained with the critical evaluation tools and action steps needed to maximize the growth and profitability of their business.

$41.5 m

2011

$26.6 m

total revenue

2011

2010

$64.7 m

2011

$4.7 m

2010

$1.9 m

643 2010

total primary jobs retained

36 32 22 $2.5 m

2009

total capital investment (debt and equity)

2011

$13 m

$11.18 m

2010

$7.18 m

total Payroll

2009

total primary jobs created

42 39 37

businesses assisted through incubation services

and Accomplishments

2009

2010

2011

program revenue 2009

$175,451

2010

$189,847

2011

$253,706

**All economic impact data is measured and reported based on West Texas A&M University fiscal year Sept. 1, 2009 – August 31, 2010.


WTAMU Enterprise Center team David Terry,

Ann Stanford

Administrative Services Coordinator

MBA, CEG

Executive Director Business Coach

David Terry cofounded the WTAMU Enterprise Center with his mentor, Mr. Don Taylor. David has received CEG certifications through Coach University and is pursuing ACC credentialing through the International Coaching Federation. In addition to coaching entrepreneurs, David leads the WTAMU Enterprise Center as Executive Director. David currently serves on the Amarillo Chamber of Commerce Business Council and is 1st Vice Chair of the National Business Incubation Association board of directors and a member of its executive committee. David also owns ChopChop Japanese Steakhouse.

Jeff Reid, B.B.A., CEG

Incubator Director Business Coach

Jeff Reid is a long-time resident of the Texas Panhandle. His experiences as a banker and small business owner have uniquely positioned him to understand the many issues his clients face on a daily basis. Jeff has received CEG certification through Coach University and pursing a Master of Science degree in economic development & entrepreneurship from the University of Houston in Victoria.

Melissa Kalka

Ann Stanford has been in administrative office management for almost 30 years. She now serves as Administrative Services Coordinator for the WTAMU Enterprise Center, where she is responsible for all administrative services including lease management, building access, bookkeeping, purchasing and vendor relationships, and financial reporting. Ann was recognized by the Amarillo chapter of the International Association of Administrative Professionals as member of the year in 2010. Ann and her husband, Steve, own S&M Automotive in Borger, Texas.

Client Services Coordinator

Melissa Kalka grew up in an entrepreneurial family in Amarillo. She owned and managed a successful retail store for more than 20 years. Melissa’s unique background provides an added value to clients of the WTAMU Enterprise Center. In her role as Client Services Coordinator, she is responsible for client communication and reception. She will often be the first person a potential client will encounter. In addition, she is responsible for database management, events and program coordination, and client communication.

Drew Whipple

Brian Whipple

Drew Whipple has 10 years’ experience in the construction industry and 22 years’ experience in turf grass/lawn maintenance. He attained a Bachelor of Science degree from West Texas A&M University in 1991.

Brian Whipple received his BBA in Marketing from West Texas A&M University in 2010, and has now filled the position of Program Coordinator at the WT Enterprise Center. In this position, Brian assists in the implementation of the programs at the WTAMU Enterprise Center in order to build the entrepreneurial community. Brian will be starting and managing the coworking space for the WTAMU Enterprise Center, and will be assisting pre-incubation entrepreneurs through early stage trainings and programs. Brian also fills the role of social media manager, and assists in other day-to-day marketing efforts.

Facilities Manager

As a former business owner, Drew can empathize with the needs of entrepreneurs. He serves as the Facilities Manager for the WTAMU Enterprise Center, working diligently to maintain facilities and to create a great working environment for entrepreneurs to start and grow.

Program Coordinator

In addition to his coaching responsibilities, as Incubator Director Jeff manages the Enterprise Center’s day-to-day operations, monitors and evaluates processes within the incubator program, and assists in the development and implementation of client training programs. He is keenly interested in helping his clients achieve their personal goals.

Cori Burns, MBA, CEG

Administrative Services and Marketing Director

Cori Burns has consulted and coached entrepreneurial companies through strategic planning and growth for more than 12 years. Cori has received CEG certification through Coach University and is a member of the National Business Incubation Association, Texas Business Women and the Amarillo Young Professionals. In addition to her coaching responsibilities, Cori is responsible for all communications, advertising, evaluation of client performance and program implementation. In addition to her role with the WTAMU Enterprise Center, Cori owns Cori Burns Consulting, an advertising and marketing consulting company. Cori was named a “Top 20 under 40” business professional by the Amarillo Chamber of Commerce in 2011.

Clockwise from top left:

David Terry Drew Whipple Brian Whipple Jeff Reid Cori Burns Melissa Kalka Ann Stanford

2011 Advisory Board Coco Duckworth Chair Director & Owner Encourage Consulting

Gary Sage

Advisory Member Sage Oil Vac, Inc.

Dr. Neil Terry

Chris Stewart

Mark Marrs

Johnny Mize

Mark Wingate

Brad Martin

Debra McCartt

David Prescott

Advisory Member WTAMU Advisory Member MVC, Inc.

Advisory Member Law Office of Chris Stewart, PC Advisory Member ScottCo

Advisory Member Interstate Bank Advisory Member Pantex

Advisory Member Self Employed Advisory Member Talon, LPE

Core Values • We are committed to helping our clients achieve business growth, profits, and long-term sustainability. • We are committed to using creativity, innovation, and entrepreneurial thinking to assist clients and improve our programs. • We are committed to accomplishing our work with honesty, open accountability, and integrity. • We are committed to having the knowledge, skills, tools, and resources needed to guide our clients to success. • We are committed to the wise investment of public funds, to operating in an efficient and frugal manner, and to being good stewards all our resources.


Innovation doesn’t happen in a vacuum. You’re never alone. No one has the key just by himself. {partners and collaborations}

The WTAMU Enterprise Center collaborates with organizations, industry leaders and entrepreneurs world-wide. As a leader and member within the economic development community and the National Business Incubation Association, we strive to provide resources and connections to budding innovators and growth oriented companies, growing our local economy and our entrepreneurial community. Collaborations with innovators and economic development partners are key to our success and the success of our entrepreneurial clients. Amarillo Chamber of Commerce

Perryton CDC

Amarillo College

State of Texas

Amarillo EDC

Tech Fort Worth

Amarillo Hispanic Chamber of Commerce

Texas A&M University

Borger EDC

Texas Business Women

Dumas EDC

Texas Agrilife Extension

Economic Development Administration

Texas Manufacturing Assistance Center

Emerging Technology Fund

Texas Panhandle Regional Development Corp.

The High Ground of Texas

University Economic Development Association

Leadership Amarillo & Canyon

WendyKennedy.com

Leading EDG

West Texas Angel Network

National Business Incubation Association

WTAMU Small Business Development Center

Ogalalla Commons

West Texas A&M University

Pampa EDC


Fort Worth, Texas

Guymon, Oklahoma

Kansas City, Kansas

Orlando, Florida

Palm Springs, California

Palo Alto, California

Athens, Ohio

Atlanta, Georgia

Baltimore, Maryland

Columbia, South Carolina

Denver, Colorado

Flagstaff, Arizona

{connections}

Partnership with Business Cluster Development (BCD) to develop a plan for sustainable growth of the WTAMU incubation program. BCD has assisted in the development of more than 60 sector-focused incubation and technology commercialization projects in the United States and in several foreign countries. The sustainability plan starts with a summary of the observations and key issues, and then provides 9 recommendations for sustainable growth of the program.

San Jose, California

San Antonio, Texas

Raleigh, North Carolina

Phoenix, Arizona

Pampa, Texas

Perryton, Texas

David Terry, Executive Director conducted four coaching clinics for regional and international incubator managers, positioning the WTAMU Enterprise Center as a front runner in incubation management and implementation.

Bolivia

Australia

Tuscon, Arizona

St. Louis, Missouri

Seattle, Washington

Santa Fe, New Mexico

Toronto, Canada

Newfoundland, Canada

Mexico City, Mexico

Liverpool, England

Guilin, China

Cardiff, Wales

U.S. Department of Commerce Economic Development Administration awarded the Enterprise Center $112,850 in grant funds to support rural economic development as University Center.

international training to incubation members in Mexico.

David Terry conducted


We cannot always build the future for our youth, but we can build our youth for the future.

-Franklin D. Roosevelt

The WTAMU Enterprise Center develops entrepreneurs of all levels

Maegan Arnold, BA Advertising

and in 2011 continued an internship program designed to educate

MA Mass Communications expected graduation December 2011 September 2010 – December 2011 Now: Marketing Director, Laura Bush Foundation

and develop young entrepreneurial minded WTAMU students pursuing a career in business. Our interns support incubator clients through special projects and are intimately involved in learning the business of incubation and what it takes to be a successful

Brian Whipple, BBA with an emphasis in Marketing

entrepreneur.

September 2010- February 2011 Now: Program Coordinator, WTAMU Enterprise Center


DECA: Brian and Jeff judged oral presentations by area high school students who were given a brief case study they had not previously seen. They were to identify the problems presented in the case study and provide plausible solutions. Winners advanced to the next round of competition. Ogallala Commons: The Enterprise Center hosted a summer Entrepreneur Tour and Workshop. The focus was learning about the Enterprise Center and the programs we offer, meeting and engaging with other students and hearing ideas from entrepreneurs. Participated in a community fair day in Nazareth which was focused on sharing ideas about how rural communities can improve economically as well as their quality of life. Brief presentation about entrepreneurship as a means of economic development. Participated and presented at the Youth Engagement day at Campo, Colorado. Spoke to a group of junior students about entrepreneurship and encouraged them to consider entrepreneurship as a career path. Judged the annual business plan competition which culminated with oral presentations at the Youth Entrepreneur Fair in Plainview. Schools represented were from Castro, Hale and Swisher counties.

The WTAMU Enterprise Center also actively participates and supports entrepreneurial development at the high school level through the following programs in 2011: Amarillo Independent School District- Welcome to the Real World Canyon Independent School District- Pursuing Real Opportunities PRO Program River Road High School DECA competition Ogallala Commons Entrepreneurship Tour and Workshop Community Fair Day Nazareth- Texas Youth Entrepreneurship Day- Campo, Colorado Youth Entrepeneruship Fair Plainview, Texas Castro, Swisher and Hale Counties Advisory Board and Business Plan Competition for WTAMU Students In Free Enterprise


{clients}

TM

TM

dichonics


Environmental Rehabilitation

{2011graduate}

ALL-WEATHER PROTECTIVE COATING

D E S I G N


InTerra is leading the way with cutting edge technologies in the agricultural, maintenance and lubrication, and industrial energy industries InTerra is leading the way with cutting edge technologies in the agricultural, maintenance and lubrication, and industrial energy industries. InTerra is a clean technology company providing the most advanced products for soil fertility, restoration, reclamation, environmental mishaps, and proactive maintenance programs. Seven years of successful marketing (backed by thirty-five years of successful field trials and studies) and the highest quality humate based products in the market, places us as a leader in the industry. Interra’s agricultural products surpass expectations and perform to allow the farmer increases in quality, yield, and in turn, overall profits. Interra’s industrial and energy products allow safe, quick, and affordable on-

2004 ENTERPRISE CENTER

sitecleanup and remediation of petroleum spills and mishaps. Along

GRADUATE

with the previous industries, the Generation 2 Filtration units can save money while saving the environment. The filtration units clean the oil and hydraulic fluids of engines and mechanical systems which means

2011 ENTERPRISE CENTER

far less oil/hydraulic fluid changes.

GRADUATE

Interra is a 2011 Graduate of the WTAMU Enterprise Center incubation program. Interra expanded their operations, team and distribution joined the nest

{3.09}

space in November of 2011 and is on the way toward exponential growth.

Bob Patton, Owner/CEO 806.206.8289 6716 Club Meadows Drive Amarillo, Texas 79124 www.interraus.com

Environmental Rehabilitation


reduces contaminants more efficiently than a HEPA filter without the high cost of replacing filters on a regular basis joined the nest

Air Oasis designs, manufactures, services, and sells

{5.10}

air purification systems for residential and commercial use. Air Oasis nano HCT 9� Induct Technology, originally developed by Nasa, does not rely on filters and is virtually maintenance free. In fact, in many circumstances

our

AHPCO

technology,

reduces

contaminants more efficiently than a HEPA filter without the high cost of replacing filters on a regular basis. This technology creates an extremely energy efficient air purifier that operates on a fraction of the electricity required by most air purifiers. Air Oasis purifies Odor-causing VOC’s, Smoke, Mold, Bacteria, Viruses and other aeroallergens. Air Oasis produces Coutertop Air Santifiers, Car/Travel Air Santifiers, Commercial Air Santifiers, Induct Air Santifiers and various replacement parts.

TM

Jeff Bennert, Founder Jon Bennert, CEO Phone: 1.806.373.7788 Toll-Free: 1.800.936.1764 3401 Airway Blvd., Amarillo, TX 79118 E-mail: feedback@airoasis.com


ASB has been providing power industry construction services for over 100 years American Site Builders was founded around four simple but powerful values: Safety, Quality, Performance and Honesty. Our industry knowledge and experience combined with our commitment to these core values are what drive our success. It is our belief that doing the right thing for our customers and employees each and every day gives us a sustainable advantage over our competition for the benefit of everyone we do business with, our customers, our employees and our partners. ASB is a civil concrete contractor for the energy and utility industries. ASB has been providing power industry construction services for over 100 years of combined management experience. Over the past 18 years, ASB has focused on transmission and substation projects and together, have completed over 600 commercial joined the nest

{5.11}

projects. In 2007, ASB relocated its’ headquarters from Coeur d’Alene, Idaho to Amarillo, Texas to expand its service offerings to include the wind and solar industries.

Dwayne Hoving, CEO 3700 Business Park Drive Amarillo, Texas 79110 www.americansitebuilders.com


Animal Innovations, Inc., produces a novel medication injection system platform (PerfectDose™) Animal Innovations, Inc., located in Amarillo, Texas produces a novel medication injection system platform (PerfectDose™) currently focused on improving the health and quality of beef cattle. Animal Innovations, Inc., in partnership with one of the world’s largest feedlot operators, and the involvement of Texas

joined the nest

{11.08}

A&M University, has conducted extensive real world testing of the PerfectDose™ system. The product is currently being used in the market, saving feedlot operators thousands of dollars annually on wasted medication due to current improper dosing methods. PerfectDose™ is an intelligent dosage injection system, protected by multiple patents issued or pending, that allows for highly accurate weight-based injections to large animals including cattle, horses, pigs and others. PerfectDose™ is easy to use, efficient to operate, accurate, and economical. Animals are not over or under medicated which can retard recovery or produce other deleterious side effects. The inoculation information can be integrated in real time with the animal’s Radio-Frequency IDentification (RFID) or ear tag information and transmitted in real time to the customer’s central computer. Current customer testimonials have proven the patented PerfectDose™ system works with a dosage accuracy exceeding 99.95%.

Gary Acker, Director of Manufacturing 806.242.1000 2300 N. Western Amarillo, Texas www.animalinnovations.com


BarZWines ... 100% from Panhandle grown grapes ... produced by hand at BarZWinery and distributed throughout the country Today, with more than 170 commercial wineries, Texas is the joined the nest

{9.11}

fifth largest wine-producing state in the U.S., and the local industry continues to grow. The number of Texas wineries has doubled over the past five years and production has grown more than 30 percent to over 2.3 million gallons. The wine and grape industry in Texas has contributed greatly to the economic strength of the state. A 2007 economic study examining the statewide significance of wine making found that the Texas grape and wine industry had an impact of more than $1.35 billion and created almost 9,000 jobs. In the fall of 2008, the Texas Department of Agriculture awarded $250,000 in grants to ten vineyards committed to increasing their wine production.

BarZWines is the only 100% Texas wine in our region. BarZWines are 100% from Panhandle grown grapes that are produced by hand at BarZWinery and distributed throughout the country. With three signature vintages in 2006 and 3 more in 2007, BarZWines continues to grow and add diversity to our local economy.

Monty Dixon, Founder Wine Maker Amber Dixon, Founder 806.488.2214 PO Box 1080 Canyon, Texas 79015 www.BarZWines.com


a leading commercial construction company, general contractor, and steel erector in the area Founded in 2003, Caprock Building Systems of Amarillo, TX is a leading commercial construction company, general contractor, and steel erector in the area. Caprock Building Systems creates high quality buildings, superb steel erection, and provides impeccable service.

Highly skilled project managers give 1-on-1 client attention throughout the entire process. Caprock Building Systems also maintains a consistently high level of professional care and responsibility on each job.

joined the nest

{5.11}

Mark Gilbreath, General Manager 806.468.8471 301 S. Fannin Amarillo, Texas


Dichonics is a medical device company that uses sound technology to neurologically cancel tinnitus joined the nest

{5.11}

Dichonics was launched in 2011 by Paige Brittain and Dr. Les Dalton. Dichonics is a medical device company that uses sound technology to neurologically cancel tinnitus. Dr. Dalton a professor at West Texas A&M University, may have discovered a way to help permanently decrease or remove tinnitus, a condition that causes a constant, and often irritating, ringing in the ears. The American Tinnitus Association reports that tinnitus affects up to 50 million Americans. The causes of the condition vary but include hearing loss, exposure to loud noises, serious illnesses and consumption of substances such as nicotine, caffeine and medicine. Leslie Dalton, a professor at WT’s speech and hearing clinic, has spent the past 12 years developing tinnitus treatment mostly delivered through the use of a chip, software and large headphones. The chip sends a quiet and pre-programmed sound to the headphones, changing the channels sound takes to reach the brain. Dichonics has a 74% success rate in reducing tinnitus

Paige Brittain, CEO Dr. Les Dalton JR, Founder 806.331.7898 2314 Lakeview Dr Amarillo, TX 79109 www.dichonics.com

dichonics


English Field Aviation is an aviation inspection and repair facility for private airplanes and service ground equipment English Field Aviation is an aviation inspection and repair facility located at the Rick Husband International Airport. English Field Aviation performs inspections, repairs and preventative maintenance on aircraft and aviation ground equipment. EFA currently provides 4 main areas of service to the aviation industry: On-site service of private and commercial aircraft, field service of aircraft, ground equipment maintenance and repair, and part sales.

joined the nest

{5.11}

Travis Lamance, Owner/COO 806.372.7800 10001 American Drive Amarillo, Texas 79118


EDA is a technology firm specializing in mobile, SMS, mobile app development and web coupons Over 1 billion of the worlds 4+ billion mobile phones are now smartphones and 3 billion are SMS enabled. In 2014, mobile internet usage will overtake desktop internet usage and already in 2011, more than 50% of all local searches are done from a mobile device. Many small and medium sized businesses find it difficult to compete with larger companies when it comes to technology. Cutting edge technology can create high benefits for businesses that are willing to embrace change.

EDA provides small to medium sized businesses with joined the nest

{10.11}

the access and training to utilize the new business communications technologies. EDA enables smaller companies to apply first-to-market advantages allowing theme to compete with nation-wide chains and set themselves apart from competition by building mobile applications. EDA is a technology firm specializing in mobile, SMS, mobile app development and web coupons.

Kim Silvia, Owner/CEO Terry Spone, Owner Becca Spone, Owner 1.806.316.5177 2300 N. Western Amarillo, Texas 79124 www.edatechcomm.com


Fanelli’s Finest is a manufacturer of a one-of-a kind pasta and lasagna sauce

Fanelli’s Finest is a manufacturer of a one-of-a kind pasta and lasagna sauce. Originated in Amarillo, Texas Fanelli’s Finest Sauce was first manufactured for retail sale in 1994 and sold in Amarillo, TX and Raton, NM. The Fanelli’s have since reorganized and started commercialization of the 175 year old Sicilian family recipe in 2011. The product line consists of Fanelli’s Finest Pasta and Lasagna sauce, with future plans for a sauce without mushrooms and a marinara. Lead distribution outlets for Fanelli’s finest include

joined the nest

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KeHE Foods, Inc and United Supermarkets. Fanelli’s Finest is the only gourmet lasagna sauce on the market.

Travis Fanelli, Owner/CEO Carolyn Fanelli, Owner David Fanelli, Founder Laurie Fanelli, Founder 2300 N. Western Amarillo, Texas www.fanellisfinest.com


JAX Transport, LLC is a specialized transportation company located in Amarillo, Texas Founded in March of 2008, JAX Transport, LLC is a specialized transportation company located in Amarillo, Texas. JAX utilizes 53’ refrigerated trailers and works in niche markets where it is possible to obtain access to specialized brokers and shippers. The company transports items such as frozen strawberries grown in Watsonville, CA for McDonalds, the award winning Pinot Noir crafted in California’s North Coast, which they deliver to Kroger’s DC’s in Atlanta, GA and more. The company services the continental US.

joined the nest

{5.11}

Shane Redline, Owner/CEO 806.355.1463 6443 S. Western Amarillo, TX 79124


Our team has handled federal trademarks for more than a decade

The Law Office of Chris Stewart, P.C. is an intellectual property law firm that primarily serves West Texas. Although we focus our efforts on Amarillo, Lubbock, Abilene, Midland-Odessa and Wichita Falls, our law firm serves clients in several states. We frequently serve as co-counsel or local counsel in intellectual property litigation. We have been retained to provide consulting expert work in intellectual property cases. Our offices are located in Amarillo and Lubbock, Texas.

Our team has handled federal trademarks for more than a decade. We have obtained more federal trademark registrations than any other law firm in the Texas Panhandle and South Plains. We were recently named one of the “Top Trademark Firms� by Intellectual Property Today magazine for 2010 and 2011. Our team is attorney Chris Stewart, paralegal Carl Mueller, paralegal Amy Dobberstein

joined the nest

{8.09}

and office manager Melanie Stewart.

Chris Stewart, P.C., Attorney 301 S. Polk, suite 700 Amarillo, Texas 79101 806.331.5103


Leadership Amarillo & Canyon has educated and developed area leaders on the challenges facing our community Since 1981, Leadership Amarillo & Canyon (LAC) has educated and developed area leaders on the challenges facing our community. LAC offers a ten-month leadership development program

designed to introduce leadership

tools that will make better employees, leading to a better workplace, better families and ultimately a better community. Participants meet one day a month to learn and tour various businesses and industries in the community. The curriculum presented teaches participants first-hand knowledge of leadership and how these tools will have direct application for their business and personal lives. joined the nest

{6.08}

Sharon Miner, Executive Director 806.322.2044 2300 N. Western Amarillo, Texas 79124 www.leadershipamarillo.org


Liquid Siding of Amarillo provides energy efficient, quality products for our customers that will help protect and update their home High Performance Exteriors & Glass (formerly Rasco Construction & Pampa Glass), dba Liquid Siding of Amarillo is an established local business that Kevin and Alissha Jefferis purchased in 2009 and 2010. Liquid Siding of Amarillo provides energy efficient, quality products for our customers that will help protect and update their home. With distribution throughout the Texas Panhandle, the product Liquid Siding速 is

joined the nest

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an alternative to exterior latex paint and vinyl siding that is waterproof, flexible and energy efficient. It is able to stretch up to 65% and still recover its original shape. This is important because buildings shift and settle over time which can result in cracks and splits. Because of its flexibility, Liquid Siding速 helps prevent that from happening and keeps any cracks that do develop hidden and sealed from the elements.

Alissha & Kevin Jefferies, Owners

ALL-WEATHER PROTECTIVE COATING

806.665.8100 2300 N. Western Amarillo, Texas 79124 www.highperformanceexteriors.com


MuRF Systems was founded for the purpose of creating lasting cultural change

MuRF Systems was founded for the purpose of creating lasting cultural change. It is our vision to be the definitive cure for relationship struggles in and out of the workplace. Through creating positive accountability, we have seen companies rocket forward to the success and profitability they have dreamed of attaining. We understand that low productivity, low morale, high turnover and employee apathy can be overwhelming. The markets that MuRF has had the opportunity to serve span across the globe and a number of industries. MuRF has developed industry specific tools in both healthcare and sales. We have tools that are ideal for benchmarking within any industry.

joined the nest

{10.11} Jody Holland, President 806.410.0375 7420 Golden Pond Place - #400 Amarillo, TX 79121 www.murfsystems.com

• Speaking and Training

• Employee Development

• Consulting

• E Learning

• Assessments, Surveys and Evaluation Tools


NanoFRIO transforms unwanted heat energy to cool and dehumidify using patented technology nanoFRIO

transforms

unwanted

heat

energy to cool and dehumidify using patented technology. nanoFrio technology is based on the scientific principle of adsorption, a natural process whereby molecules of a gas or liquid adhere to the surface of a solid. nanoFrio products range from industrial chillers to air conditioners, dehumidifiers and other custom-designed applications.

Applications

dehumidifying

systems,

include: refrigeration,

retrofitting existing cooling technologies, process cooling (industrial, manufacturing and agricultural).

joined the nest

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Lance Parker, CEO 512.520.2775 2300 N. Western Amarillo, Texas 79124


We constantly ask ourselves and others “How can this be better?” Norris Audio Video, LLC designs, sells, installs, and services quality audio, video, stage lighting, digital signage, security, emergency mass notification, and home theater systems. The company was created in 1996. Experience is the key to our success. The staff of Norris Audio Video, LLC has both depth and diversity of experience. We have been professional musicians, worship leaders, music teachers, acoustics designers, math teachers, touring audio engineers, construction workers, electronic systems designers, customer service agents, business men and women, community business leaders, and all the things you would expect in a business like ours, but so much more. We constantly ask ourselves and others “How can this be better?” We listen to our clients when they talk about needs, wants, frustrations, and successes. In short, we keep learning. We learn so we can make your events look and sound amazing. We learn so we can make your systems easier to understand and operate. We learn so we can make your events more enjoyable for everyone involved. Our future will no doubt be bright as we continue joined the nest

{12.11} Michael Norris, Owner 806.351.0280 7529 Canyon Dr. Amarillo, Texas 79110 www.norrisav.com

to build our skills, abilities, and knowledge for the sole purpose of serving you, our client, better.


Perdue Acoustics has specialized in controlling sound and eliminating echoes and loud uncontrolled noises ... Perdue Acoustics has specialized in controlling sound and eliminating echoes and loud uncontrolled noises in churches, schools, athletic facilities, and other commercial buildings all over the world for over twenty years. Our wall and ceiling acoustical treatments are the highest rated in the industry in all five areas of acoustical treatment ratings (absorption, durability, aesthetics, fire protection, and value). Perdue Acoustics’ patented Rockwool core products can be wrapped in fabric or vinyl to meet the aesthetic needs of any facility. Perdue Acoustics began in 1989 when founder Jay Perdue was asked by a friend, a Christian High School Band Director, to help with sound control in his music room. With experience from building Perdue Recording Studios, Jay was able to create a new, patentable, sound-absorbing product. Innovation and originality did not end in 1989 for Perdue Acoustics with six patented products and designs, including the Wedge™, the 180° Diffusion Wells, patented core construction and the NEW fully Isolating Drum Booth, Perdue Acoustics continues to create cutting edge products to meet acoustical needs. Perdue Acoustics currently has two production plants in Amarillo, Texas and Erin, Tennessee

joined the nest

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Joab Perdue, CEO Jay Perdue, Founder 806.374.9402 4210 Hester Dr. Amarillo, Texas 79124 www.perdueacoustics.com


accessories are manufactured in the United States by a fantastic staff of highly trained bow makers and accessories artisans Posh Pinc is a B2B manufacturer and distributor of hair accessories and apparels. Posh Pinc bows are hand sewn for ultimate durability. Posh Pinc has a unique mix of products, specially selected to maximize accessory sales in boutiques and resales shops. Posh Pinc produces all of the accessory basics, custom rhinestone embellished products, fun flowers, and fresh, trendy items. We work diligently to project a designer image to the consumer with beautiful, sharp packaging, logo and labels placed on most items. Posh Pinc fragrances products in their lines with the sweet, irresistible Haute Candy custom fragrance.

Most of our accessories are manufactured in the United States by a fantastic staff of highly trained bow makers and accessories artisans. With three brands of accessories including Posh Pinc, Preppy Peanut and Chique Icing, Posh Pinc has expanded nationally and doubled their growth over the last year. joined the nest

{5.10}

Angel Hughes, Owner 806.341.1874 2300 N. Western Amarillo, Texas 79124 www.poshpinc.com


Gary Sage invented the Oil Vac on his Texas panhandle farm in 1993 Gary Sage invented the Oil Vac on his Texas panhandle farm in 1993. He decided to come up with a better way to perform oil changes on his irrigation engines without spilling oil on him and the ground. What Sage developed was the first Oil Vac that had a single tank for vacuuming used oil directly from the irrigation engine’s oil pan. Sage manufactured Oil Vacs for area and regional farmers for the remainder of the 90’s. In 2001, Sage made the decision to move to Amarillo, TX and operate Sage Oil Vac as a full-time business. Today, Sage Oil Vac is committed to bringing efficiency and environmental responsibility to all industries through innovative on-site fluid handling and maintenance products. Sage now has 21 dealers with 50 stores located in 13 states.

2004 ENTERPRISE CENTER

GRADUATE

The Sage Oil Vac team is still family-owned and operated to serve many markets - such as agriculture, construction, road building, oil & gas, mobile oil change businesses, the military and wind turbine gearbox maintenance - in the US and Canada. Sage Oil Vac, Inc. has international distributors in Europe, Canada, and Australia.

2011 ENTERPRISE CENTER

GRADUATE

joined the nest

{9.08}

Gary Sage, Founder/CEO Aaron Sage, COO 806.372.7559 360 N. Lakeside Amarillo, Texas 79118 www.sageoilvac.com


With a nationwide system of qualified franchises, no damage is too large or too small for SERVPRO® of West Amarillo SERVPRO® of West Amarillo specializes in the cleanup and restoration of residential and commercial property after fire, smoke or water damage.

ServPro staff is highly trained in property damage restoration. From initial and ongoing training at SERVPRO’s corporate training facility to regular The Clean Trust industry certification, the ServPro staff is equipped with the knowledge to restore property. With a nationwide system of qualified franchises, no damage is too large or too small for SERVPRO® of West Amarillo.

joined the nest

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Mark & Jana Belew, Owners 806.331.4555 1616 S. Kentucky St. Amarillo, Texas 79102 www.servpro.com


We started with a small group of industry veterans who shared a vision to provide the core services of a Skilled Labor provider Skilled Trades started with a small group of industry veterans who shared a vision to provide the core services of a Skilled Labor provider with a higher level of service to both their clients, and their staff. Over a decade later, we still challenge ourselves with these very questions. We continually seek to improve our commitment and execution of these principles. Serving industries including: disaster recovery, industrial manufacturing, alternative energy, commercial, institutional, terminals & transmissions, petroleum refining, metals and minerals and food & beverage. SKILLED TRADES PROVIDE A WIDE RANGE OF SKILLED TRADES PEOPLE TO MEET INDUSTRY NEEDS. WE CAN PROVIDE SKILLED PERSONNEL IN ALMOST ANY TRADE INCLUDING: • Carpenters • Ironworkers • Riggers • Concrete Workers • Low Voltage Technicians • Roofers • Drywallers • Millwrights • Welders • Electricians • Painters • HVAC fabricators

joined the nest

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• Pipefitters • HVAC installers • Plumbers And many more

Braden Black, Owner/Founder/CEO 1.877.475.4553 2300 N. Western Amarillo, Texas 79124 www.skilledtrades.com


Speed Painting, produces products locally and distributes products throughout the U.S. Established in 1998, Speed Painting designs, produces and markets innovative products for the paint and sundries industry. Originally established as a paint contracting business, founders Richard and Dustin Speed designed an innovative set of tools for painting doors and cabinets on site and on schedule. This patented device increases efficiency and quality for commercial paint contractors.

Speed

Painting

produces

products locally and distributes products throughout the U.S.

Products:

joined the nest

{12.09} Dustin & Christine Speed, Owners 806.355.4360 11641 Indian Hill Rd. Amarillo, TX 79124 email: info@speedpainting.com

Door DeckersTM

Portable Rack

Wall Rack

Cabinet Door DeckersTM


Stoney Hollow Design Studio designs and implements attractive and functional products that achieve great results Stoney Hollow Design Studio joined the WTAMU Enterprise Center in 2009. What started with the passion of one entrepreneur is now evolving to a full scale design firm, specifically focused on innovative, personal, and creative designs for entrepreneurial, growth-oriented companies and organizations.

Stoney Hollow Design works closely with clients who include marketing directors within large organizations to entrepreneurs and business leaders looking to creatively differentiate themselves within their market.

joined the nest

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Stoney Hollow Design focuses on building a relationship that results in the best possible product, whether it’s a logo, an illustration, a fun and original photo shoot, or an entire creative process to brand a product or service from the inside of the organization out. Stoney Hollow Design Studio designs and implements attractive and functional products that achieve great results.

Shane Blucher, Owner/Designer

D E S I G N

806.331.5103 2300 N. Western Amarillo, Texas 79124 www.stoneyhollowdesign.com


Customer satisfaction is an extremely important ... as are the many valuable relationships that have developed ... Tascosa Hot sauce proudly produces an Original, Extra Hot, and Mild sauce, handmade daily with no preservatives. joined the nest

{4.09}

The original flavor was developed in a small tortilla factory during the 1950’s in Amarillo, Texas. The Extra Hot and Mild products were added mid 90’s when business transitioned solely to a hot sauce company. Melody Branum is President & CEO of Tascosa Hot Sauce, and has been in business since 1991. Customer satisfaction is extremely important to her, as are the many valuable relationships that have developed from being a business owner. Future plans: For Tascosa Hot Sauce, include expanding our product line and adding an Extra Hot with Habaneras, a Chunky Style, and a Gourmet Sauce. Tascoa Hot Sauce manufactures their sauce in Amarillo, Texas in the WTAMU Enteprise Center and distributes to Affiliated Foods, Drug Emporium, McCarty Hull, Walgreens, Goody Goody Liquor, Walmart and 29 United Supermarket Stores across Texas.

Melody Branum, Owner/CEO 806.373.7823 2300 N. Western Amarillo, Texas 79124 www.tascosahotsauce.com


Waypoint Advisory Services is the area leader in credit union auditing and consulting Waypoint Advisory Services Inc. is the area leader in credit union auditing and consulting. In April 2011, Waypoint Advisory Services Inc. was formed as a

joined the nest

{5.12}

combination of Barrett T. Lynch, LLC and Greg R. Schmidt, LLC, serving nearly 50 federally insured credit unions in and around the Texas Panhandle. Waypoint provides the following services to federally insured credit unions: annual audit services, periodic internal control tests, facilitated strategic planning sessions, compliance tests and policy development,

bi-annual

account

verifications,

fraud and account investigation and staff and director training. Current markets include West Texas, southeast portion of Colorado and parts of Oklahoma as far east as Tulsa. Expansion plans include partnerships with firms in North Carolina, South Carolina, Ohio and DFW, Texas.

Barret T. Lynch, President Greg R. Schmidt, CPA, CFE-CEO 855.275.9297 2300 N. Western Amarillo, Texas 79124


{look ahead}

Our duty, as men and women, is to proceed as if limits to our ability do not exist. We are collaborators in creation.

-Pierre Teilhard de Chardin

The Enterprise Center engaged with Business Cluster Development, a consulting group, and conducted a broad based community study inclusive of community interviews with stakeholders and clients. In 2011, this study and our success has given us insight to our role in fostering successful entrepreneurial development within our community and the surrounding region. With our current facility now inclusive of a commercial, shared-use kitchen, a coworking space, more office space and conditioned production space, our nest is full. Economic impact studies show that the cost per job for incubator companies is less than $5000 and the average wage created per employee is over $35,000. As we look ahead to diversified industries in our region our focus lies in • Kitchen/Food • Ag Tech • Manufacturing • Distribution/Logistics • Clean Tech This focus, combined with the development of more cutting edge space specifically designed to foster innovation and support entrepreneurial growth, will continue to grow our community and provide opportunity for our region.


{lanswers}

Waypoint Advisory Services Tascosa Hot Sauce Stoney Hollow Design Speed Painting Skilled Trades Servpro of Amarillo Sage Oil Vac Posh Pinc Perdue Acoustics Norris Audio Video Systems NanoFrio Murf Systems Liquid Siding Leadership Amarillo and Canyon Law Office of Chris Stewart Jax Transport Interra Fanellis Finest Established Digital Advertising Entrepreneurs English Field Aviation Dichonics Caprock Building Systems BarZ Wines Animal Innovations American Site Builders Air Oasis

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“The entrepreneur always searches for change, responds to it, and exploits it as an opportunity.” - Peter F. Drucker The WTAMU Enterprise Center’s incubation services and programs help entrepreneurs navigate through the entrepreneurial maze, mitigating risk, creating synergies with other successful businesses and resources and ultimately accelerating entrepreneurial growth and success.


2300 N. Western • Amarilllo, Texas 79124 806.374.9777 • www.IncubationWorks.com


2011 WTAMU Enterprise Center Annual Report