Midland Entrepreneurial Challenge
Midland Entrepreneurial Challenge awards $500,000 among local small businesses
Initiated in 2017 by UT Permian Basin in collaboration with the Small Business Development Center, the Midland Entrepreneurial Challenge has since been an annual event that functions to identify and nurture new businesses in Midland through a rigorous process of business plan creation, market research, and financial training. During each portion of the Challenge, businesses are selected to move forward to present their business plan to a panel of judges comprised of local business owners, bankers, and prominent community members.
Since the inception of the Challenge, 29 businesses have won a portion of the prize money. The Midland Entrepreneurial Challenge continues to provide expanded funding opportunities for Midland's vibrant and diverse small business community.