WT ENTERPRISE CENTER 2015 ANNUAL REPORT
Founded in 2001, the WT Enterprise Center is a multi-use regional business incubator that serves the top 26 counties of the Texas Panhandle. The mission of the WT 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. The Enterprise Center offers first class office and production spaces, a state-of-the-art commercial kitchen as well as a newly developed coworking area in our 31,000 square foot facility. Clients have access to the use of conference and training rooms, shared kitchen break room areas, coworking and more. We offer clients below market rates to focus on their business instead of overhead. The Enterprise Center offers a welcoming environment for entrepreneurs and clients alike.
WHO
ARE BUILDING RELATIONSHIPS Our Values....................................................................3 Letter from the Director......................................... 4 Our Staff........................................................................6 Entrepreneurs-in-Residence & Specialists........7 Advisory Board...........................................................8 Our Partners.................................................................9 BUILDING EXCELLENCE IEDC Excellence Awards........................................ 11 WTEC Awards........................................................... 12 BUILDING COMMUNITY Lunch & Learn........................................................... 13 Amarillo EnterPrize Challenge............................ 16 Hatchworks................................................................. 18 Global Entrepreneurship Week........................... 19 Leadership.................................................................20 InBIA............................................................................. 21 Youth Interns............................................................. 22 Youth Events............................................................. 24 BUILDING ENTREPRENUERS Our Members............................................................ 25 2015 Clients............................................................... 26 2015 Graduates........................................................ 28 Client Of The Year...................................................30 BUILDING ECONOMY Economic Impact..................................................... 31 Engagement.............................................................. 32
2015 ANNUAL REPORT
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BUILDING ENTREPRENEURS WT Enterprise Center exists to help people build great companies. We have the resources to create a blueprint for success and the tools to make goals become a reality. We are able to provide these resources with the backing of great community partnerships and relationships that support the growth of entrepreneurship in the Texas Panhandle. Entrepreneurs are not only building successful companies but they are enhancing our economy along the way. Many of our clients say that the true value of the Enterprise Center is the support they receive from the staff and team of coaches and specialists. The greatest blessing of the Enterprise Center is the ability to help clients build their dreams and reach their goals.
If you don’t build your own dream someone will hire you to help build theirs. Tony Gaskins Jr.
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WT ENTERPRISE CENTER
BUILDING RELATIONSHIPS
OUR Excellence through service
Help people build successful companies
Encourage growth and creativity
Promote life-long learning
Build open and honest relationships
Strive for sustainability
Celebrate both success and failure
Embrace change
Have fun; enjoy life
Pursue personal and professional balance
2015 ANNUAL REPORT
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2015 We frequently encourage our client companies to “get better before you get bigger.” As an entrepreneur support organization, it’s important to drink our own Kool-Aid! This year, we emphasized getting back to basics and focused on the things that we do best - helping people build great companies.
David Terry Executive Director
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WT ENTERPRISE CENTER
being added to the entrepreneur community, new ideas are emerging and existing businesses are innovating… It’s a fun time to be a part of the rapidly growing entrepreneur community and the timing is right to build on our solid foundation.
get better before you get bigger.
As a highlight to the year, WT Enterprise Center received two awards from the International Economic Development Council (IEDC) for Excellence in Economic Development. These awards confirmed our efforts to stay true to our core competency and furthered our desire to develop deeper working relationships with our partners. In fact, both awards were given as a result of our long-standing partnership with the Amarillo Economic Development Corporation.
With our growth in coworking memberships and resident companies, new people are
The pages of this annual report reflect our year-in-review - building solid partnerships
through relationships and building for the future. We want to thank you for your partnership in supporting emerging entrepreneurs – Incubation Works! Best wishes,
2015 ANNUAL REPORT
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OUR David Terry Executive Director September 2001 Jeff Reid Incubator Director October 2007 Kyla Frye Marketing Communications Director June 2012 Debbie Holmes Administrative Services Manager June 2013 Brittny Herbert Client Services Coordinator Aug 2014
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WT ENTERPRISE CENTER
The overwhelming feedback from clients suggests that the Enterprise Center, first and foremost, wants people to succeed. From the moment you enter our doors, build a company and graduate, our team of professionals seeks your success. Our attitude is to help you and to facilitate your growth and success, on your terms.
2015 ENTREPRENEURS-IN-RESIDENCE Clients of the Enterprise Center receive specific coaching, mentoring, and expertise from our Entrepreneurs-in-Residence. They also have access to our business specialists who are experts in sales, marketing, finance, and legal who are available to help guide clients on a daily basis.
267
HOURS
351.75 HOURS
8
Matty McLain & Spencer McElhannon Entrepreneurs-In-Residence
Coco David Duckworth Dickerson Specialist • Sales
WT ENTERPRISE CENTER
Specialist • Finance
Kim May
Specialist • Marketing
Wes Wright Specialist • Legal
BOARD Coco Duckworth
Amy Henderson
Mark Marrs
Chair Woman
Board Member
Board Member
Brad Martin
Debra McCartt
Johnny Mize
Encourage Consulting
Board Member
Amarillo National Bank
McCartt & Associates
Interstate Bank
Board Member
Board Member
Gary Sage
Chris Stewart
Dr. Neil Terry
Sage Oil Vac
Burdett, Morgan, Williamson & Boykin
WTAMU College of Business
Board Member
Board Member
Board Member
Mark Wingate MaxiVolt
Board Member
2015 ANNUAL REPORT
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OUR Amarillo Business Women
Leading EDG
Amarillo Chamber of Commerce
Ogalalla Commons
Amarillo College
Pampa EDC
Amarillo EDC
Panhandle Regional Planning Commission
Amarillo ISD
Perryton EDC
Amarillo National Bank
State of Texas
Ben E. Keith
Texas A&M University
Borger EDC
Texas Agrilife Extension
Canyon ISD
Texas Manufacturing Assistance Center
Dallas Gourmet Food Market
Texas Panhandle Regional Development Corp.
Dumas EDC
The High Ground of Texas
Economic Development Administration
University Economic Development Association
FirstBank Southwest
West Texas Angel Network
Go Texan
WTAMU Small Business Development Center
Growth Wheel
West Texas A&M University
Leadership Amarillo & Canyon
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WT ENTERPRISE CENTER
The Enterprise Center adds value to Amarillo and the Texas Panhandle region by being the “GO TO’ resource for entrepreneurs. The Enterprise Center fosters the entrepreneur spirit by providing programs such as Hatchworks and the EnterPrize Challenge. The Enterprise Center connects entrepreneurs to resources to help with challenges and opportunities that are facing their business. On a personal note – I enjoy going to the Enterprise Center’s Lunch and Learn. Not only is it a great opportunity to network but I always have a personal take away from the speakers. Amy Henderson, Amarillo National Bank
BUILDING EXCELLENCE
EXCELLENCE
INTERNATIONAL ECONOMIC DEVELOPMENT COUNCIL IEDC’s Excellence in Economic Development Awards recognize the world’s best economic development programs and partnerships, marketing materials, and the year’s most influential leaders. These awards honor organizations and individuals for their efforts in creating positive change in urban, suburban, and rural communities. Winners are recognized at IEDC’s Annual Conference. The WT Enterprise Center received recognition for its work in helping to create a thriving entrepreneur eco-system in the Texas Panhandle. The Enterprise Center received two Excellence Awards in 2015: An Excellence in Economic Development Gold
Award for its partnership with the Amarillo Economic Development Corporation and its program “Incubation with Urgency” and a Bronze Award for its annual entrepreneurship program, the Amarillo EnterPrize Challenge. These accolades reinforce the positive impact the partnership with the Amarillo Economic Development Corporation has had on the Texas Panhandle. The WT Enterprise Center was honored to be recognized with these excellence awards and hope to continue the growth of the entrepreneur eco-system in our region.
IEDC Gold Award
Regionalism & Cross-Border Collaboration
IEDC Bronze Award
Amarillo EnterPrize Challenge Program
“Incubation with Urgency” has allowed us to help entrepreneurs more expediently. The statistics don’t lie, starting a business is not always glamorous and it’s not always easy. Eighty percent (80%) of startups go out of business within five years. Since we started this program almost 15 years ago, 80 percent of the businesses we’ve worked with are still in business today. David Terry, Executive Director
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WTEC Golden Egg Award
Amarillo Economic Development Corporation
In 2015, the WT Enterprise Center introduced two new awards to honor entrepreneurial support in the Texas Panhandle. The Golden Egg award was implemented to honor a community organization that actively supports the growth of local entrepreneurs. The very first honoree of the award was the Amarillo Economic Development Corporation for their continuous support of the Enterprise Center and their contributions to the entrepreneur eco-system in the Texas Panhandle. Through their generous funding of the $500,000 Amarillo EnterPrize Challenge over the past 20 years to their presence at events, the Amarillo EDC is a continuous supporter in the development of entrepreneurs.
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WT ENTERPRISE CENTER
Don Taylor Entrepreneur Excellence Award
David Terry, WT Enterprise Center
The second award introduced to the Annual Awards Ceremony was the Don Taylor Entrepreneur Excellence Award in honor of WT Enterprise Center co-founder Don Taylor, well-known author of the book Up Against The Wal-Marts and the Amarillo Globe-News column, Minding Your Own Business. Don was a devout supporter of entrepreneurship. His business coaching expertise and passion for people helped the Enterprise Center to become a thriving incubator. The honoree of this award is someone who shares the same values as Don, someone who passionately supports the entrepreneur eco-system in Amarillo and has made personal contributions to the growth of business owners in our region. The first recipient of this award was David Terry, Executive Director and Co-Founder of the WT Enterprise Center.
BUILDING COMMUNITY
LUNCH & 40
IN ATTENDANCE
Jake Breechen JANUARY
Jake Brecheen is CEO of Confluence Security Group. He has a decade and a half experience in designing and deploying cutting-edge physical security solutions and communications systems for high-value asset facilities. These facilities include the US Nuclear Weapons Complex, multiple US Government agencies, State agencies, and high profile commercial customers. Jake is a 2014 graduate of the Enterprise Center and Amarillo EnterPrize Challenge recipient.
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IN ATTENDANCE
David Terry FEBRUARY
David Terry is Executive Director of the WT Enterprise Center. In 2001, he co-founded the Enterprise Center with his mentor, Mr. Don Taylor. David is an entrepreneur and sought-after speaker and trainer. He attained his MBA from West Texas A&M University, and he earned the Associate Certified Coach Credential from the International Coach Federation. David is also the Coowner of Chop Chop Japenese Steakhouse, they recently opened two new stores in Lubbock and Canyon.
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IN ATTENDANCE
Kim May MARCH
Kim May is the president of Nobox Creative, a fullservice strategic marketing firm. In addition to helping businesses succeed, she loves to write; you may have read her articles in Amarillo Magazine and Connect Magazine. An entrepreneur at heart, Kim has 25 years of experience in marketing, advertising, public relations, retail and non-profit.
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IN ATTENDANCE
50
IN ATTENDANCE
Dr. Neil Terry MAY
Dr. Neil Terry is the Dean of the College of Business and a professor of economics at West Texas A&M University. He received a B.A. in economics from California State University at Sacramento in 1992, a M.A. in economics from Texas Tech University in 1996 and a Ph.D. in economics from Texas Tech University in 1997. His post-doctoral training includes completion of the M.D.P. program at Harvard University in 2006. Dr. Terry is on the Advisory Board of the WT Enterprise Center and advocate of entrepreneurial growth in the Panhandle.
John Marmaduke APRIL
John Marmaduke is President of John H. Management Inc., JHM Investments and is the Managing Member of New Normal, LLC. John graduated from the University of Texas at Austin with a Bachelor of Science, Finance in 1969. In 1976, John became Chairman, President, and CEO of Hastings Entertainment Inc. During his tenure with Hastings Entertainment Inc., John was also named President and CEO of Western Merchandisers Inc. in Amarillo.
2015 ANNUAL REPORT
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LUNCH & 49
IN ATTENDANCE
Sam Silverstein & Gary Wells JUNE
Sam Silverstein, renowned author and champion of accountability, presents the inspiring story of how J. Pat Hickman transformed a sleepy small town bank from one location and $10 million in assets into 35 locations and over $2.5 billion in assets by knowing what he believes and not negotiating on what he holds dear. In the process he assembled a team of leaders who understand what great culture looks like and a bank full of motivated people who love what they do. Gary Wells, Senior Banking Officer with Happy State Bank, provided insights on the culture of Happy State Bank and the making of the Non-Negotiables mentioned in Sam’s book. He is a graduate of McMurry University earning a Bachelor’s of Business Administration degree in Economics and Finance. He is also a graduate of SMU Graduate School of Banking. Gary has been with Happy for over 24 years.
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IN ATTENDANCE
AEC Panel JULY
Janet Coffman – Circle 21 Candle Company Janet Coffman became an Amarillo EnterPrize Challenge grant recipient in 2015 with her organic soy based candles manufactured in Amarillo, Texas. She has been featured in Texas Monthly and has recently added highprofile clients such as MadeWell and Joss & Main. Travis Fanelli – Fanelli’s Finest Travis Fanelli, an Amarillo EnterPrize Challenge 2014 grant recipient, produces hearty and savory, all-natural pasta and lasagna sauce made from a generations-old Sicilian recipe. The sauces can be found across the nation as well as United, HEB and in all Amarillo ISD Cafeterias. Jacob Moreno – Altura Engineering & Design Project Design Manager and Co-founder of Altura Engineering and Design. A 2013 recipient of the Amarillo EnterPrize Challenge and 2015 Client of the Year. Altura has grown from a 3-man startup to a successful company with 12 full-time employees in the oil & gas industry.
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IN ATTENDANCE
Gary Sage AUGUST
Born and raised on an Iowa farm, Gary Sage invented the first Oil Vac in 1993. The primary purpose for inventing the Oil Vac was to develop a way to improve the process of performing oil changes on his irrigation engines without the possibility of spilling oil. Sage Oil Vac was awarded the Top Small Business of the Year Award from the Amarillo Chamber of Commerce in 2012. They also received the Presidential “E” Award for growth in exports.
I couldn’t be more pleased with the vast amount of knowledge gained through the Enterprise Center. They helped guide us through the maze of starting a new business and provided us with tools to help ensure our future success. Our company is now 10 years old and by applying the principles acquired through the Enterprise Center we have continuously grown year after year. Jon Bennert, Air Oasis (Graduate)
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WT ENTERPRISE CENTER
38
IN ATTENDANCE
Youth Entrepreneur Panel SEPTEMBER
Coly Whipple – Coly’s Customs A 2015 graduate of Amarillo High School, Coly Whipple runs and operates a mobile vehicle detailing business, Coly’s Customs, and is working closely with the WT Enterprise Center & Interactive 360 team to bring his dream of a new app Ride Remodel to life. At the ripe age of 19, Coly is setting himself up for entrepreneurial success in Amarillo. Libby Lane – Libby Lane Leather Goods Libby Lane is founder of Libby Lane Handbags, functional and stylish, American made leather products with clean details rooted in equine tradition. Lane herself comes from artist stock and after studying Fashion Design at The School of the Art Institute of Chicago, she decided to return to Texas, her original source of inspiration. Lane carefully hand constructs each piece of domestically sourced leather, in her Amarillo manufacturing space. Alejandro Magallanes – Magallanes Imports Alejandro Magallanes is a first generation immigrant from Queretaro, Mexico. In May of 2011, he graduated from Tascosa High School, and pursued his lifelong dream of playing college football. After sustaining multiple careerending injuries, he shifted his focus from playing sports to the study of mathematics. In December of 2014, he obtained his B.S. in mathematics from West Texas A&M University. Allejandro recently launched Magellan Importing as his first startup. Chance Gamble – Amarillo Cellular Repair Chance is a Senior at West Texas A&M University College of Business as well as the owner and operator of Amarillo Cellular Repair; a mobile cell phone and tablet repair company. He started his company at 20 years old after repairing several of his own iPhones, and has since fixed thousands of mobile devices. After graduation Chance plans to expand his operations to other college campuses in Texas.
52
IN ATTENDANCE
Entrepreneur Spouses Panel NOVEMBER
My businesses and I have been very blessed with access
Rod Duckworth – Husband of Coco Duckworth, Owner of Encourage Consulting Rod is a partner at Duncan, Fraser & Bridges (DFB) where he has been employed for 10 years. He is a Client Advocate for business owners in the O&G, Environmental, Construction, and Financial Institution industries. Rod was also a PGA Professional for 21 years. Rod and Coco have two kids, four grandsons and one more grandchild on the way! Jentry May – Husband of Kim May, Owner of Nobox Creative Jentry is the Managing partner and facilitates Business Development/Public Relations at Nobox Creative. He and Kim have two sons who attend San Jacinto and they frequently visit the New Mexico mountains! Crystal Moreno – Wife of Jacob Moreno, Co-Founder of Altura Engineering & Design Crystal’s family owned Cakes n’ More for over 20 years where she served as manager. She currently is a stay at home mom and wife and also serves on the PTA at Puckett Elementary. Crystal and Jacob have two little girls who attend Puckett. Robin Terry – Wife of David Terry, Executive Director of WT Enterprise Center and Co-Owner of Chop Chop Restaurants Robin serves as a counselor at Canyon High School. She has been in the education industry for over 20 years and is currently the 2016 class sponsor. Robin and David have a son that was recently married and a daughter who is a senior at Canyon High.
to the WT Enterprise Center. The Enterprise Center and their team of specialists have helped me take my ideas and bring them to life. As well as being one step ahead in helping me prepare for future endeavors. I would recommend anyone with a business idea to contact The Enterprise Center to see how they can be a resource to you. Coly Whipple, RideRemodel
2015 ANNUAL REPORT
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AMARILLO ENTERPRIZE CHALLENGE Evocation Coffee Roasters
Process Art House
ROI Online.
Zynia Business Solutions
Roman & Amy Leal
Jacob & Rhoda Breeden
Steve Brown
Julie Hulsey
Evocation Coffee Roasters is a wholesale coffee roasting operation providing specialized craft coffee to buyers across the nation.
Process Art House is a fine art leasing, brokerage and custom creation firm located in Downtown Amarillo.
ROI Online is an internet marketing agency that provides businesses with a full marketing solution tailored to help them attract ideal customers.
Zynia Business Solutions is a human resource and compliance consulting firm with the ability to serve as their clients’ Human Resource Department.
76
79%
644
16
Business funded over the last 20 years
WT ENTERPRISE CENTER
Business funded that are still operating
Total jobs
113M
$
Million in revenues
75 COMPANIES REGISTERED FOR AEC
84
ATTENDED GROUP COACHING WORKSHOPS
2016 Judges PlanIt Wed
Circle 21 Candle Company
3rd Coast Soda
Scott Bentley
Parie Donaldson
Janet Coffman
Justin Barnard & Michael Haning
Joshua Raef
PlanIt Wed is a web-based solution and online application that helps both the DIY bride, the wedding planner, and designer to map out and manage their big day.
Circle 21 Candles manufactures organic handmade, soy based candles in recycled wine bottles. The candles are sold worldwide and in Circle 21 Candles’ web store.
3rd Coast Soda develops and distributes natural craft syrups for soda fountain machines with a nod towards healthier alternative sweeteners, specifically cane sugar, organic cane sugar, and stevia.
First United Bank
5.1M
Million invested locally
13.9M
$
Million in additional equity
APPLICANTS SUBMITTED
Chick-fil-A Georgia Street
Robin Patterson WTAMU College of Business
Jake Brecheen Confluence Security Group
$
46
Lyndy Forrester Amarillo College
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INVESTOR FACT SHEETS SUBMITTED
2015 ANNUAL REPORT
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2015 Magellan Importing
7/21/15
Pure Element
5/12/15
Evocation Coffee Roasters
5/12/15
Our City Realty
5/19/15 I always had a dream of becoming an entrepreneur, approaching the WT Enterprise Center has made that dream a reality. I am forever thankful for all the support, advice, and their help. Alejandro Magallanes, Magallan Importing
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WT ENTERPRISE CENTER
GLOBAL ENTREPRENEURSHIP MON
TUE
WED
THU 50 IN ATTENDANCE
40 IN ATTENDANCE
Mentor Matchmaking Workshop
Core Values Challenge Regional Training
Supporting Youth Entrepreneurship Luncheon
Youth Pitch Competition
$6,000 Adult Pitch Competition
The WT Enterprise Center and the WT Small Business Development Center teamed up to bring together a group of Amarillo’s best mentors in an effort to help you grow businesses. Featured Speaker Brad Martin shared his experience of mentor relationships and how to find your next mentor.
Renowned author Sam Silverstein presented “The Core Values Challenge,” an opportunity to discover the core values of your organization and how to create an environment in your organizational culture that inspires and prioritizes accountability. The Core Values Challenge not only helped improve company morale and increase employee engagement, but also helped increase profits.
The Supporting Youth Entrepreneurship luncheon took a deeper look at youth entrepreneurs in our community who are starting businesses and keeping the entrepreneur spirit alive and well. The panelists included organizations who are raising awareness of entrepreneurship at a young age and are providing resources to help them get started.
The First Annual Youth Pitch Competition gave juniors and seniors in high school the chance to give their best elevator pitch for a share of great prizes. Ten finalists presented a 3-minute elevator pitch to a panel of judges for the opportunity to understand a real investor pitch environment. Students from across the Amarillo area participated in the friendly competition.
The 3rd Annual $6,000 Pitch Competition kicked off immediately following the Youth Competition. Entrepreneurs from across the Texas Panhandle competed for a share of $6,000 by giving their best 3-minute elevator pitch to a panel of judges. Attendees also had the opportunity to vote for their favorite presenter to win the People’s Choice Award of $50!
30 IN ATTENDANCE
Partner Amarillo SBDC
26 IN ATTENDANCE
Partner Happy State Bank
38 IN ATTENDANCE
Partner Amarillo ISD & Canyon ISD
2015 ANNUAL REPORT
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The WT Enterprise Center collaborates with organizations, industry leaders and entrepreneurs worldwide. As a leader and member of the economic development community, we strive to provide resources and connections to budding innovators and growth-oriented companies, growing our local economy and the entrepreneurial community.
JAN
FEB
MAR
APR
MAY
JUN
Dallas Market Center
Panhandle Days at State Capitol
ACA Summit - Santa Cruz, CA
University Centers Peer-to-Peer Regional Meeting
Leadership Amarillo & Canyon Graduate, Kyla Frye
Dallas Market Center
Harrington Regional Medical Center Board Meeting
University Economic Development Association Conference
High Ground Meeting
United Golf Tournament
Procurement Luncheon Presentation
Potter County Leadership Advisory Board
International Economic Development Council Webinar
Potter County Texas Community Futures Forum
Harrington Regional Medical Center Board Meeting
OBIA Workshop Indian Hills Community College, Iowa Keynote Address Potter County Breakfast Meeting
CBIC Meeting - Corpus Christi
Small Business Development Center Annual Breakfast Meeting Harrington Regional Medical Center Board Meeting Hosted Chamber Business Council Board Members
JUL
AUG
SEP
OCT
NOV
DEC
High Ground of Texas Roundtable Meeting
Buffalo Club Gold Classic
Dallas Market Center University Economic Development Association Conference
Burdett, Morgan, Williamson, & Boykin University for Small Business
Rutgers University Training
WTAMU Convocation
International Economic Development Council Conference Amarillo Chamber of Commerce Business Awards
SBDC Equitrend Capital Advisory Board
University of Northern Iowa Coaching Clinic Dallas Market Center
Harrington Regional Medical Center Board Meeting
High Ground of Texas Annual Meeting Governor’s Forum - San Angelo Harrington Regional Medical Center Board Meeting
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WT ENTERPRISE CENTER
Burdett, Morgan, Williamson, & Boykin University for Small Business WT Enterprise Center Awards Ceremony
PLATINUM MEMBERS
David Terry
2015 Conference Presenter, Past Board Chair The International Business Innovation Association (InBIA) is the world’s leading organization advancing business incubation and entrepreneurship. Each year, it provides thousands of professionals with information, education, advocacy and networking resources to bring excellence to the process of assisting early-stage companies. An elected, voting board of directors representing the
InBIA Mission To help communities enable their entrepreneurs to
Jeff Reid
2015 Conference Presenter
Kyla Frye
transform their dreams into innovative businesses that
2015 Conference Presenter
make global prosperity a reality. To accomplish this
Debbie Holmes Brittny Herbert
mission, InBIA serves as a clearinghouse of information on the entrepreneurial support ecosystem.
world’s leading incubators governs the association.
InBIA Members InBIA serves over 2,000 members in 60 nations. While entrepreneurial support program managers and developers make up a large share of InBIA’s membership
InBIA EVENTS
April
InBIA Conference
base, the association also represents other interested
May
individuals and groups. Approximately 27 percent of the
Hosted Kirstie Chadwick, InBIA CEO
InBIA membership is from outside the United States.
September InBIA Training Instituite
2015 ANNUAL REPORT
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YOUTH Going into the PRO Program at AACAL, I was told that
Now, a little over a year later, I am a college intern from
internships are a great way to build real-life skills, make
Amarillo College. I am still enjoying my internship at the
great connections and, most importantly, determine if we
Enterprise Center just as much as I did in high school,
have chosen the right career field, and I couldn’t agree
and the learning certainly didn’t stop after graduation.
more. My internship at WT Enterprise Center not only
I am currently working on my Associate’s Degree in
allowed me to connect with outstanding people, but it
general studies, and will graduate from AC in May 2016. I
has solidified my choice to pursue graphic design.
plan on transferring to West Texas A&M University in the
I started my AACAL PRO internship in September of 2014 as a senior at Caprock High School. I was tasked
Fall of 2016, where I will pursue a Bachelor’s Degree in graphic design.
with creating various graphics for use in marketing
For me, the fact that the staff at the Enterprise Center
materials and social media, such as forms, labels,
gives their absolute best to help every single person that
handouts and fun graphics for holidays and other events.
sets foot in this facility and is passionate about helping
I was able to interact with the other interns as well
entrepreneurs achieve their dreams and be successful
through a video project chronicling our experience as
has really impacted the way I view my career. If you don’t
interns. I gained a lot of knowledge about the importance
love what you’re doing, you’re not going to accomplish
of entrepreneurship and the role of marketing within
as much as the person who is passionate and committed
business. Before I knew it, I was graduating from high
to what they do. I want to be able to help everyone who
Tiffany Reynolds
school and had been offered a summer extension to my
comes to me for graphic design work, because I love
internship, and I was given bigger projects and greater
what I do and I want to share that positive energy with
Caprock High School/AACAL Graphic Design Fall 2014/Spring 2015
responsibilities. I dove further into the marketing side
those around me. WT Enterprise Center has definitely
of things and collaborated on improving the Enterprise
shown me how important that is.
Amarillo College Summer 2015/Fall 2015
handbooks and infographics. I was even able to
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WT ENTERPRISE CENTER
Center’s social media. I designed brochures, invitations, participate in more events, such as Lunch & Learn.
Timothy Yerger
Logan Grimm
Whitney Waren
Erin Westermann
Jonathan Delgado
Amarillo High School/AACAL Graphic Design Fall 2014/Spring 2015
Amarillo High School Marketing Fall 2014/Spring 2015
Amarillo College Marketing/Communications Spring 2015 / Summer 2015
Canyon High School Marketing/Communications Fall 2015
West Texas A&M University Marketing/Communications Fall 2015
The WTEC was a great experience for me. It showed me what it would be like to be a graphic designer in the real world and pushed me to pursue a degree in graphic design with a main focus in advertising graphic design. I will never forget the experience. Thank you WT Enterprise Center for everything.
It was a great experience. They are great people, and great leaders. I greatly appreciate their effort in helping me learn as much I as I have about marketing and the business world in general.
Working at the WT Enterprise Center has provided me with an excellent insight as to what I would like to do with my life. Working here has taught me that I’m in the right major and has given me a head start on learning the skills needed for a career in marketing.
My time at the WT Enterprise Center not only taught me how to effectively utilize social media for a business, but also the inner-workings of marketing and entrepreneurship. This internship built a foundation of hands-on communications and marketing experience that will help me immensely in years to come.
My experience here at the WT Enterprise Center has been inspiring. I aspire to be an entrepreneur one day and I love the entrepreneurial ambience that surrounds me. I am truly blessed to work alongside a staff that is so focused on the success of their clients in their entrepreneurial ventures. I am definitely in the right place.
2015 ANNUAL REPORT
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YOUTH JAN
MAR
APR
MAY
Boy Scouts Entrepreneurship Seminar
Ogallala Commons Meeting
AISD Pro Mentor Luncheon
Career Day at Oakdale Elementary
Amarillo High School Entrepreneurship Tours WT Scholarship Luncheon COB Student Symposium
The PRO program in Amarillo Independent School District is an amazing opportunity for senior
SEP
OCT
NOV
Pro Program Seminar Professional Panel
Guest Speaker for Randall High Pro Class
Supporting Youth Entrepreneurship Luncheon
Guest speaker for Canyon High Business Classes Lunch & Learn Youth Entrepreneur Panel: Libby Lane, Alejandro Magallanes, Coly Whipple, Chance Gamble
Youth Pitch Competition Palo Duro High School Tour Guest Speaker at Puckett After School Program Ogallala Commons Meetiing
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WT ENTERPRISE CENTER
level students to participate in an internship in our community and have their life positively impacted. At an internship not only do they get to see what the career field looks like in the real world, they also get to build relationships with their mentors and these connections often continue long after the internship has ended. Katie Smith-Little, AACAL PRO Teacher
BUILDING ENTREPRENUERS
OUR Bright Canopy
Aligned Path Consulting
Kinisi
Co-working • Technology
Specialist • Services
Co-working • Technology
Gower and Associates
Magellan Importing
Newell IT Services
Co-working • Services
Co-working • Distribution/Logistics
Co-working • Technology
Another Step Leadership
USA Land & Ranch Realty/Auctions
Hardway Company
Co-working • Services
Co-working • Agriculture
Specialist • Services
My Portable Pantry
Hydro Bio
Performance Cattle Company, LLC
Specialist • Food Manufacturing
Co-working • Agriculture
Co-working • Agriculture
2015 ANNUAL REPORT
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2015 2011
26
2012
WT ENTERPRISE CENTER
2013
2014
% Food & Beverage
% Services
% Healthcare
% Construction
% Manufacturing
% Technology
% Distribution/Logistics
% Other
2015
2015 ANNUAL REPORT
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2015 Caprock Building
iWork Zone
Mark Gilbreath
Jody Holland
Caprock Building Systems and Caprock Steel Erectors is located in Texas and has been a leading Commercial Construction Company and General Contractor and Steel Erector in the area. Our philosophy is “Whatever It Takes,” we will help you design, build, manage, coordinate, develop, and complete your project on-time and under-budget.
iWorkZone is the product of 30 years of experience in workforce development systems, from JTPA to WIA, combined with 16 years of experience in corporate training, candidate recruitment and psychometric testing and matching. We realized there was a better way to mine the skills inventory and requirements in a region or state. Our Business Model is simple: If we help you reduce the costs of talent mining, matching and management, you’ll have money to invest in actually building your business, and we hope you partner with us in doing that.
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WT ENTERPRISE CENTER
Nobox Creative
ROI Online
Kim May
Steve Brown
Nobox Creative is a full service marketing firm that offers
Founded in 2012, ROI Online is an award-winning internet marketing agency that specializes in online marketing strategies. We aren’t your “traditional“ marketing agency. We believe you deserve to understand the industry, and to see measurable results that demonstrate a true return on your investment.
more than 20 years of experience in advertising and marketing, world-class graphic design, public relations, social media, retail, and nonprofit museum solutions and strategies.
2015 ANNUAL REPORT
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CLIENT OF THE Altura Engineering & Design Chris Lopez, Jacob Moreno, David Salas Altura delivers high quality engineering, design and consulting support solutions to leaders in the oil & gas, refining and petrochemical industries. We specialize in piping and mechanical design projects. Our staff has a combined 53 years of experience that will be used to develop high quality solutions that add value to your organization.
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BUILDING ECONOMY
ECONOMIC
56 762
BUSINESSES ASSISTED THROUGH INCUBATION SERVICES
38M
$
TOTAL PAYROLL
TOTAL PRIMARY JOBS
129.5M
$
TOTAL REVENUE
10.5M
$
TOTAL CAPITAL INVESTMENT
8
NEW PROGRAM JOBS CREATED
619,629
$
PROGRAM REVENUE
2015 ANNUAL REPORT
31
ENGAGEMENT
86 52 63 34
INQUIRIES STARTUPS AND EXISTING BUSINESSES
TOTAL INQUIRES IN 2015
Startup
INQUIRY REFERRALS IN 2015 (63 OUT OF 86)
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Existing Business
2
AGRICULTURE
3
DISTRIBUTION/LOGISTICS
25
9
9
32
MANUFACTURING
OTHER
6
TECHNOLOGY
FOOD & BEVERAGE
SERVICES
Entrepreneurs are an asset to any community. Through their innovative products and services they change the way we live and work. Their contributions can shape the culture of a community and ignite innovation for the next generation. For this reason, the Amarillo EDC proudly supports the WTAMU Enterprise Center and the annual EnterPrize Challenge. The 20+ years of guidance and leadership provided by the Enterprise Center has paved the way for the creation of more than 700 jobs and over $5 million in local investment. This economic impact stretches beyond Amarillo to the rest of Texas by expanding markets through new partnerships and creating new job opportunities and wealth for Texas. Buzz David, Amarillo Economic Development Corporation
2300 NORTH WESTERN STREET • AMARILLO, TX 79124 • (806) 374-9777 • INCUBATIONWORKS.COM