Download - 2011 WTAMU Enterprise Center Annual Report

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Page 1: 2011 WTAMU Enterprise Center Annual Report

2011

annualreport

The WTAMU

Enterprise Center

is a center for

entrepreneurial

development.

Through an

entrepreneurial

community and

the process of

incubation, the

Enterprise Center

economic

development

throughout our

region.

captures each

entrepreneur’s

uniqueness and

catalyzes

innovation and

“Top athletes

and singers

have coaches,

shouldn’t

you?”

We develop top performers.*

The Center for Entrepreneurial Development

Page 2: 2011 WTAMU Enterprise Center Annual Report

W A E S P T M E D E L A H U V T T O N L T S O O O R A Y V O IO L I N R H A C R H A N I D S D D P N N P I I T R T T N T D NB E M I O S T U U D P I T S E Y L N S O S S U E S A T S C S DG A I N A U R A A F E R E D I C H O N I C S T C C F S G A R EA D T S T P S S R S L Y A S E V O C A T I O N C O F F E E S LR E U A I A N T R O P S N A R T X A J A T A F N I A S U F M SA R R T N T O O S S R E D L I U B E T I S N A C I R E M A T IU S O R D S R H R S O C V S E N G M O V U U E O P O O D O A DS H I I N R R A C A U I D N T E Y G Q A O E A F T D N S Y A WS I B M A A I S W D I V T C T S R A W D C I D D N E W E B H SA P S I R A S O D E E R O S A E C J I L A A S W V D C E L T TS A A A L S A C D S T E T D E K L S P E E D P A I N T I N G CT M I N O I U S M E T S Y S G N I D L I U B K C O R P A C E SO A O I I R D A I D A Y S H M S I G D F D S S T T W I A A O IN R A M H C I T R A I R E I R E O F T H R A E I A I V O A I RE I N A S O O A I R P O R C R N S S S S E A C N H L L P D I NY L O L T S V A L T E S V E I H H I A I P E I E I V I S M R SH L E I S C I F O D M I P T T O C C Y L L R A O I W A A S E LO O O N E E D I H E T V R I L N I F A G N L E S E S Z L H P OL A O N O V E L P L U D O N R I I L O N D G E I R A W R T I DL N A O S S O I T L A A O N I I Q C L E A D I N G E D G A S CO D E V I S S I S I P T F S S B D U I S C N A N A H S O N B RW C L A T A Y S N K I N A N T V F N I A S I O S F F S O S R SD A N T L F S S O S H I M A Z T S N S D P E F F A A D C S E OE N L I N M T T S R O O A L P N S M E T S Y S F R U M D E C ES Y I O P G E N T R E P R E N E U R S O A I D T O I Y M A E JI O E N N H M T E A N Y I I I C E N C Y C S D B O W O K S R R

G N I S I T S R E V D A L A T I G I D D E H S I L B A T S E QN S F M R C A O F L S W L C W A I S O N N I C I N T S L W H DT I I O R I S A P G T A O V N F H C V I A E I O F G A H F O NO L I M A S A A A A N E I A C N R A L E I I N T S E N E S W P

Waypoint Advisory ServicesTascosa Hot Sauce

Stoney Hollow DesignSpeed PaintingSkilled Trades

Servpro of AmarilloSage Oil Vac

Posh PincPerdue Acoustics

Norris Audio Video SystemsNanoFrio

Murf SystemsLiquid Siding

Leadership Amarillo and CanyonLaw Office of Chris Stewart

Jax TransportInterra

Fanellis Finest

Established Digital AdvertisingEntrepreneurs

English Field AviationDichonics

Caprock Building SystemsBarZ Wines

Animal InnovationsAmerican Site Builders

Air Oasis

Who’s Hatching? {clients}

Page 3: 2011 WTAMU Enterprise Center Annual Report

/2011

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

The Center for Entrepreneurial Development

The mission of the WTAMU En-terprise Center is to apply the principles of business incubation as a catalyst for innovation and entrepreneurial development in or-der to foster economic growth for Amarillo and the Texas Panhandle region.

Business incubation is a dynamic process of entrepreneurial devel-opment. The support and synergy found through the Enterprise Cen-ter help entrepreneurs overcome risk, isolation, and barriers to suc-cess.

Our VisionTo create an area-wide entrepre-neurial 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 em-power entrepreneurs to become self-sufficient.

Providing education, leadership, and encouragement for innova-tion and creativity.

Providing a model for entrepre-neurial excellence.

{navigation}

Page 4: 2011 WTAMU Enterprise Center Annual Report

{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.

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

The first item on the agenda for community building, es-pecially in this legislative year, was a focus on long-term sustainability – resources, programs for assisting entre-preneurs, and environmental sustainability. Through an en-gagement with Business Cluster Development, a consulting group, we conducted broad-based community interviews with stakeholders and clients. The recommendations pro-vided 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 re-mainder of the year, and beyond.

In 2011, we began construction to accommodate additional conference space, office space, a coworking area and a com-mercial 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 also expanded our programs to include a weekly pre-incubation 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 custom-ers who have a need for the problem they solve.

We were awarded an EDA University Centers grant to foster and promote entrepreneurial culture throughout the region. Partner-

ing 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.

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 com-panies, we are also seeing increased demand in five distinct sectors: manufacturing, distribution/logistics, food, agricul-ture technologies and clean technologies. So, in an effort to support our mission as a catalyst for innovation and en-trepreneurial 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 cam-pus 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 ef-fort to expand our thriving entrepreneurial community, Incubation Works!

We are blessed to have a fun, hardw

orking team,

coachable clients and a fantastic array of partner organizations w

ho make entrepreneurial

development in the Panhandle region possible.

Incubation and the entrepreneurial community...

Page 5: 2011 WTAMU Enterprise Center Annual Report

{david terry}

Page 6: 2011 WTAMU Enterprise Center Annual Report

incubation

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.

“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…”

The Enterprise Center welcomed 13 clients in 2011

American Site BuildersBarZWineryCaprock BuildersDichonicsEnglish Field AviationEstablished Digital AdvertisingFanelli’s Finest

JAX TransportLeadingEDGLiquid Siding of AmarilloMurf SystemsNanoFrioSpeed Painting

Graduated 1 client

Interra

Page 7: 2011 WTAMU Enterprise Center Annual Report

worksClients 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

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

isolation.

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.

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

medical technology.

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.

not for chickens

Page 8: 2011 WTAMU Enterprise Center Annual Report

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.

1552Total # of entrepreneurs that have participated in the business planning process through Amarillo EnterPrize Challenge

52Total # of businesses funded

76.09%% of businesses funded by AEC that are still in business

$3 millionTotal amount of $ invested

327Total # of jobs added

$27.3 millionTotal revenues added

$6.7 millionTotal additional capital invested

98Average # of entrepreneurs that receive business planning assistance each year through AEC workshops/consultation (September - January)

2010-2011Dr. Neil Terry – WTAMU COBEddie Scott – Greenways of AmarilloAmy Henderson – Amarillo National BankElliott McKinney – IPSJill Dana – McDonald’s

2009-2010Don Sanders – Sir SpeedyChris Stewart – Stewart Law FirmMark Marrs – Interstate BankDr. Neil Terry – WTAMU COBEddie Scott – Greenways of Amarillo

2008-2009John Marmaduke – HastingsDr. Anne Macy – WTAMU FinanceDon Sanders – Sir SpeedyChris Stewart – Stewart Law FirmMark Marrs – Interstate Bank

2007-2008Aaron Sage – Sage Oil VacBrett Taylor – MicroFourMarvin Franz – Wells Fargo BankDr. Anne Macy – WTAMU FinanceJohn Marmaduke – Hastings

2006-2007Karen Suhr-Hicks – CastersDr. Barry Duman – WTAMU ManagementAaron Sage – Sage Oil VacBrett Taylor – MicroFourMarvin Franz – Wells Fargo Bank

2005-2006Melody Brenna – MilestoneSam Spradlin – TechsprayGregg Jordan – Amarillo National Bank Dr. Barry Duman – WTAMU ManagementKaren Suhr-Hicks – Casters

2004-2005Tony Freeman – Trafton PrintingMichele Fortunato – Brown, FortunatoMelody Brenna – MilestoneSam Spradlin – TechsprayGregg Jordan – Amarillo National Bank

2003-2004Kerry Adair – Plains National BankJean Walker – WTAMU Finance, Econ., Ed.Charlie Sammann – Backyard AdventuresTony Freeman – Trafton PrintingMichele Fortunato – Brown, Fortunato

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

2001-2002Gary Wells – First State BankJohnny Coker – Arden-ParadiseDr. John Cooley – WTAMU COBDr. Billy Smith – AQHARoger McCoy – McCoy Myers & Associates

2000-2001 Dr. John Cooley – WTAMU COBGreg Meador – Fellers-AmarilloCindy Kyle – Amarillo Hardware Co. Gary Wells – First State BankJohnny Coker – Arden-Paradise

Amarillo EnterPrize Challenge Judges

Page 9: 2011 WTAMU Enterprise Center Annual Report

nanoFRIO, 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, LLC

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, LLC

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

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

Posh Pinc, established in 2006, is a business-to-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 Corp.

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.

2011 Recipients

Past EnterPrize Challenge winnersActuaries & AssociatesAE & CS Inc.Air OasisAirupsAKSYS Group LLCAmarillo Cattle FeedersAmarillo Design Bureau IncAmarillo TortillasAmerican Site BuildersAnderson Automotive, Inc.Brush Eaters Inc.Canyon Creek Soap CompanyCherished Petals Inc.Cooke Electrical Contractors Inc.Country Harmony Plastics Inc.

Dichonics CorporationDrugAssistant, LLCEnglish Field AviationFilm Amarillo Filter MaxG&M Global Enterprises Inc.Headsets, Inc.Hide-A-Bed Trailer MFG.Hoop 10ICF Direct Service Center Inc.Innovative Product Solutions, LLCISR Filtration INCJax Transport LLCKelly & CoLa Tapatia

Midwest Fab and ConstructionMilestone ArchitecturalMVC, Inc.Nanofrio, LLCNutri-Chem Inc.Original ConditionPedal PaddlePerdue AcousticsPilgrim Co. INCPlaskaPlasmac Inc.Posh PincRamblin ProseRoberts Ditching LLCSage Oil Vac, Inc.

Skilled Trades CompanySouthCross Operating, LLCSouthern Magnolia Equipment Co.Speed Painting, Inc.Storm Track Shelters Inc.Support Hose StoreTascosa Hot SauceTexas Film/Film AmarilloTiernan Aeration, Inc.Tri State Panel Systems Inc.Virtual Drive ManagementWayPoint Advisory Services, Inc.Wheeler Foggers, LLC

Funded by

Page 10: 2011 WTAMU Enterprise Center Annual Report

2011 L&L Speakers:

Joab Perdue, CEO Perdue Accoustics

Pattilou Dawkins President Wolflin Village

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 West Texas A&M University

programs

Enterprising Ideas Annual attendance: 75Enterprising 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: 5Idea 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.

Lunch & Learn Annual event attendance: 522For 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.

Page 11: 2011 WTAMU Enterprise Center Annual Report

Almost as hard as finding your first customer is following up with your second….Not anymore-

The 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.

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.

{facilities}

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.

Production Space:8,543 sq. ft.

Office Space:4,095 sq. ft.

78%Total Leased

12,638 sq. ft.

70%Production

5,988 sq. ft.

22%Available

2,750 sq. ft.

95%Office

3,900 sq. ft.

Page 12: 2011 WTAMU Enterprise Center Annual Report

economic impact dataand Accomplishments

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.

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

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643Combined attendance for entrepreneurial training programs including Enterpris-ing 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.

program revenue

2009

2010

2011

$175,451

$189,847

$253,706

Page 13: 2011 WTAMU Enterprise Center Annual Report

2011 Advisory Board

Core Values

Coco DuckworthChairDirector & OwnerEncourage Consulting

Gary SageAdvisory MemberSage Oil Vac, Inc.

Dr. Neil TerryAdvisory MemberWTAMU

Mark WingateAdvisory MemberMVC, Inc.

Chris StewartAdvisory MemberLaw Office of Chris Stewart, PC

Brad MartinAdvisory Member ScottCo

Mark MarrsAdvisory Member Interstate Bank

Debra McCarttAdvisory Member Pantex

Johnny MizeAdvisory Member Self Employed

David PrescottAdvisory Member Talon, LPE

WTAMU Enterprise Center team

Ann StanfordAdministrative Services CoordinatorAnn 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.

Melissa KalkaClient Services CoordinatorMelissa 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 Facilities ManagerDrew 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.

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.

Brian Whipple Program CoordinatorBrian 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.

David Terry, MBA, CEGExecutive DirectorBusiness CoachDavid 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., CEGIncubator DirectorBusiness CoachJeff 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.

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, CEGAdministrative Services and Marketing DirectorCori 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 TerryDrew WhippleBrian Whipple

Jeff ReidCori Burns

Melissa KalkaAnn Stanford

• 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.

Page 14: 2011 WTAMU Enterprise Center Annual Report

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

Amarillo College

Amarillo EDC

Amarillo Hispanic Chamber of Commerce

Borger EDC

Dumas EDC

Economic Development Administration

Emerging Technology Fund

The High Ground of Texas

Leadership Amarillo & Canyon

Leading EDG

National Business Incubation Association

Ogalalla Commons

Pampa EDC

Perryton CDC

State of Texas

Tech Fort Worth

Texas A&M University

Texas Business Women

Texas Agrilife Extension

Texas Manufacturing Assistance Center

Texas Panhandle Regional Development Corp.

University Economic Development Association

WendyKennedy.com

West Texas Angel Network

WTAMU Small Business Development Center

West Texas A&M University

Page 15: 2011 WTAMU Enterprise Center Annual Report

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Page 16: 2011 WTAMU Enterprise Center Annual Report

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

and in 2011 continued an internship program designed to educate

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

entrepreneur.

Maegan Arnold, BA Advertising

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

Brian Whipple, BBA with an emphasis in Marketing

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

Page 17: 2011 WTAMU Enterprise Center Annual Report

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, TexasCastro, Swisher and Hale Counties

Advisory Board and Business Plan Competition for WTAMU Students In Free Enterprise

Page 18: 2011 WTAMU Enterprise Center Annual Report

TM

TM

dichonics

{clients}

Page 19: 2011 WTAMU Enterprise Center Annual Report

ALL-WEATHER PROTECTIVE COATING

D E S I G N

Environmental Rehabilitation

{2011graduate}

Page 20: 2011 WTAMU Enterprise Center Annual Report

Environmental Rehabilitation

InTerra is leading the way with cutting edge technologies in the

agricultural, maintenance and lubrication, and industrial

energy industries

Bob Patton, Owner/CEO

806.206.82896716 Club Meadows DriveAmarillo, Texas 79124www.interraus.com

joined the nest

{3.09}

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-

sitecleanup and remediation of petroleum spills and mishaps. Along

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

far less oil/hydraulic fluid changes.

Interra is a 2011 Graduate of the WTAMU Enterprise Center incubation

program. Interra expanded their operations, team and distribution

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

growth.

2011 ENTERPRISE CENTERGRADUATE

2004 ENTERPRISE CENTERGRADUATE

Page 21: 2011 WTAMU Enterprise Center Annual Report

TM

TM

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

Air Oasis designs, manufactures, services, and sells

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.

Jeff Bennert, FounderJon Bennert, CEO

Phone: 1.806.373.7788 Toll-Free: 1.800.936.17643401 Airway Blvd., Amarillo, TX 79118E-mail: [email protected]

joined the nest

{5.10}

Page 22: 2011 WTAMU Enterprise Center Annual Report

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

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 79110www.americansitebuilders.com

joined the nest

{5.11}

Page 23: 2011 WTAMU Enterprise Center Annual Report

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

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

joined the nest

{11.08}

Page 24: 2011 WTAMU Enterprise Center Annual Report

Today, with more than 170 commercial wineries, Texas is the

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.

BarZWines ... 100% from Panhandle grown grapes ...

produced by hand at BarZWinery and distributed throughout

the country

Monty Dixon, Founder Wine MakerAmber Dixon, Founder

806.488.2214 PO Box 1080Canyon, Texas 79015www.BarZWines.com

joined the nest

{9.11}

Page 25: 2011 WTAMU Enterprise Center Annual Report

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.

Mark Gilbreath, General Manager

806.468.8471 301 S. FanninAmarillo, Texas

joined the nest

{5.11}

Page 26: 2011 WTAMU Enterprise Center Annual Report

Dichonics is a medical device company that uses sound

technology to neurologically cancel tinnitus

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, CEODr. Les Dalton JR, Founder

806.331.7898 2314 Lakeview DrAmarillo, TX 79109www.dichonics.com

joined the nest

{5.11}

dichonics

Page 27: 2011 WTAMU Enterprise Center Annual Report

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.

Travis Lamance, Owner/COO

806.372.7800 10001 American DriveAmarillo, Texas 79118

joined the nest

{5.11}

Page 28: 2011 WTAMU Enterprise Center Annual Report

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

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/CEOTerry Spone, OwnerBecca Spone, Owner1.806.316.51772300 N. WesternAmarillo, Texas 79124www.edatechcomm.com

joined the nest

{10.11}

EDA is a technology firm specializing in

mobile, SMS, mobile app development and

web coupons

Page 29: 2011 WTAMU Enterprise Center Annual Report

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

KeHE Foods, Inc and United Supermarkets.

Fanelli’s Finest is the only gourmet lasagna

sauce on the market.

Travis Fanelli, Owner/CEOCarolyn Fanelli, OwnerDavid Fanelli, FounderLaurie Fanelli, Founder2300 N. WesternAmarillo, Texaswww.fanellisfinest.com

joined the nest

{9.11}

Page 30: 2011 WTAMU Enterprise Center Annual Report

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.

Shane Redline, Owner/CEO

806.355.14636443 S. WesternAmarillo, TX 79124

joined the nest

{5.11}

Page 31: 2011 WTAMU Enterprise Center Annual Report

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

and office manager Melanie Stewart.

Chris Stewart, P.C., Attorney

301 S. Polk, suite 700Amarillo, Texas 79101806.331.5103

joined the nest

{8.09}

Page 32: 2011 WTAMU Enterprise Center Annual Report

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.

Sharon Miner, Executive Director

806.322.20442300 N. WesternAmarillo, Texas 79124www.leadershipamarillo.org

joined the nest

{6.08}

Page 33: 2011 WTAMU Enterprise Center Annual Report

ALL-WEATHER PROTECTIVE COATING

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® is

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® helps prevent

that from happening and keeps any cracks that do

develop hidden and sealed from the elements.

Alissha & Kevin Jefferies, Owners

806.665.81002300 N. WesternAmarillo, Texas 79124www.highperformanceexteriors.com

joined the nest

{12.11}

Page 34: 2011 WTAMU Enterprise Center Annual Report

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.

• Speaking and Training

• Employee Development

• Consulting

• E Learning

• Assessments, Surveys and Evaluation Toolsjoined the nest

{10.11}

Jody Holland, President

806.410.0375 7420 Golden Pond Place - #400Amarillo, TX 79121www.murfsystems.com

Page 35: 2011 WTAMU Enterprise Center Annual Report

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 include:

dehumidifying systems, refrigeration,

retrofitting existing cooling technologies,

process cooling (industrial, manufacturing

and agricultural).

Lance Parker, CEO

512.520.2775 2300 N. WesternAmarillo, Texas 79124

joined the nest

{5.12}

Page 36: 2011 WTAMU Enterprise Center Annual Report

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

to build our skills, abilities, and knowledge for the sole

purpose of serving you, our client, better.

Michael Norris, Owner

806.351.02807529 Canyon Dr.Amarillo, Texas 79110www.norrisav.com

joined the nest

{12.11}

Page 37: 2011 WTAMU Enterprise Center Annual Report

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

Joab Perdue, CEOJay Perdue, Founder

806.374.94024210 Hester Dr.Amarillo, Texas 79124www.perdueacoustics.com

joined the nest

{7.08}

Page 38: 2011 WTAMU Enterprise Center Annual Report

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.

Angel Hughes, Owner

806.341.18742300 N. WesternAmarillo, Texas 79124www.poshpinc.com

joined the nest

{5.10}

Page 39: 2011 WTAMU Enterprise Center Annual Report

Gary Sage invented theOil 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.

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.

Gary Sage, Founder/CEOAaron Sage, COO

806.372.7559360 N. LakesideAmarillo, Texas 79118www.sageoilvac.com

joined the nest

{9.08}

2011 ENTERPRISE CENTERGRADUATE

2004 ENTERPRISE CENTERGRADUATE

Page 40: 2011 WTAMU Enterprise Center Annual Report

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.

Mark & Jana Belew, Owners

806.331.45551616 S. Kentucky St.Amarillo, Texas 79102www.servpro.com

joined the nest

{5.11}

Page 41: 2011 WTAMU Enterprise Center Annual Report

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

• Pipefitters • HVAC installers • Plumbers

And many more

Braden Black, Owner/Founder/CEO

1.877.475.45532300 N. WesternAmarillo, Texas 79124www.skilledtrades.com

joined the nest

{12.09}

Page 42: 2011 WTAMU Enterprise Center Annual Report

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:

Door DeckersTM

Portable Rack

Wall Rack

Cabinet Door DeckersTM

Speed Painting, produces products locally and distributes

products throughout the U.S.

Dustin & Christine Speed, Owners

806.355.4360 11641 Indian Hill Rd.Amarillo, TX 79124email: [email protected]

joined the nest

{12.09}

Page 43: 2011 WTAMU Enterprise Center Annual Report

D E S I G N

Stoney Hollow Design Studio de-signs 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.

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.

joined the nest

{3.09}

Shane Blucher, Owner/Designer

806.331.51032300 N. WesternAmarillo, Texas 79124www.stoneyhollowdesign.com

Page 44: 2011 WTAMU Enterprise Center Annual Report

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.

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

806.373.78232300 N. WesternAmarillo, Texas 79124www.tascosahotsauce.com

joined the nest

{4.09}

Page 45: 2011 WTAMU Enterprise Center Annual Report

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

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, PresidentGreg R. Schmidt, CPA, CFE-CEO

855.275.92972300 N. WesternAmarillo, Texas 79124

joined the nest

{5.12}

Page 46: 2011 WTAMU Enterprise Center Annual Report

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.

{look ahead}

Page 47: 2011 WTAMU Enterprise Center Annual Report
Page 48: 2011 WTAMU Enterprise Center Annual Report

{lanswers}

W A E S P T M E D E L A H U V T T O N L T S O O O R A Y V O IO L I N R H A C R H A N I D S D D P N N P I I T R T T N T D NB E M I O S T U U D P I T S E Y L N S O S S U E S A T S C S DG A I N A U R A A F E R E D I C H O N I C S T C C F S G A R EA D T S T P S S R S L Y A S E V O C A T I O N C O F F E E S LR E U A I A N T R O P S N A R T X A J A T A F N I A S U F M SA R R T N T O O S S R E D L I U B E T I S N A C I R E M A T IU S O R D S R H R S O C V S E N G M O V U U E O P O O D O A DS H I I N R R A C A U I D N T E Y G Q A O E A F T D N S Y A WS I B M A A I S W D I V T C T S R A W D C I D D N E W E B H SA P S I R A S O D E E R O S A E C J I L A A S W V D C E L T TS A A A L S A C D S T E T D E K L S P E E D P A I N T I N G CT M I N O I U S M E T S Y S G N I D L I U B K C O R P A C E SO A O I I R D A I D A Y S H M S I G D F D S S T T W I A A O IN R A M H C I T R A I R E I R E O F T H R A E I A I V O A I RE I N A S O O A I R P O R C R N S S S S E A C N H L L P D I NY L O L T S V A L T E S V E I H H I A I P E I E I V I S M R SH L E I S C I F O D M I P T T O C C Y L L R A O I W A A S E LO O O N E E D I H E T V R I L N I F A G N L E S E S Z L H P OL A O N O V E L P L U D O N R I I L O N D G E I R A W R T I DL N A O S S O I T L A A O N I I Q C L E A D I N G E D G A S CO D E V I S S I S I P T F S S B D U I S C N A N A H S O N B RW C L A T A Y S N K I N A N T V F N I A S I O S F F S O S R SD A N T L F S S O S H I M A Z T S N S D P E F F A A D C S E OE N L I N M T T S R O O A L P N S M E T S Y S F R U M D E C ES Y I O P G E N T R E P R E N E U R S O A I D T O I Y M A E JI O E N N H M T E A N Y I I I C E N C Y C S D B O W O K S R R

G N I S I T S R E V D A L A T I G I D D E H S I L B A T S E QN S F M R C A O F L S W L C W A I S O N N I C I N T S L W H DT I I O R I S A P G T A O V N F H C V I A E I O F G A H F O NO L I M A S A A A A N E I A C N R A L E I I N T S E N E S W P

Waypoint Advisory ServicesTascosa Hot Sauce

Stoney Hollow DesignSpeed PaintingSkilled Trades

Servpro of AmarilloSage Oil Vac

Posh PincPerdue Acoustics

Norris Audio Video SystemsNanoFrio

Murf SystemsLiquid Siding

Leadership Amarillo and CanyonLaw Office of Chris Stewart

Jax TransportInterra

Fanellis FinestEstablished Digital Advertising

EntrepreneursEnglish Field Aviation

DichonicsCaprock Building Systems

BarZ WinesAnimal Innovations

American Site BuildersAir Oasis

Page 49: 2011 WTAMU Enterprise Center Annual Report

“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 entrepre-neurial maze, mitigating risk, creating synergies with other successful businesses and resources and ultimately accel-erating entrepreneurial growth and success.

Page 50: 2011 WTAMU Enterprise Center Annual Report

2300 N. Western • Amarilllo, Texas 79124806.374.9777 • www.IncubationWorks.com