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Mar 22, 2022 · Related development

AEDC board approves four EnterPrize Challenge recipients at up to $100,000 each, 3-0

President Carter presented the four businesses chosen by the judging panel: Think Metal, Fat Mama Feed, Vvntus and 11 Marketing. Each received $100,000 except Vvntus, which requested $99,000. The board accepted the recipients 3-0. The AEDC's January 2025 project report lists the 2022 cohort at $399,000, with $398,192 paid in prior years.^[1]^[2]

Kevin Carter Amarillo Economic Development Corporation (AEDC)

What the sources say

✓ Verified
The March 22, 2022 minutes: 'President Carter presented information on the businesses the judging panel chose to receive grants: Think Metal, Fat Mama Feed, Vvntus, and 11 Marketing. All received a grant of $100,000 except for Vvntus who requested $99,000.' Director Brown moved, Director Meander seconded, and it was approved 3-0. The minutes call the awards grants; the July 2021 budget described the money as forgivable loans.^[1]^[3]
Total
$399,000

Sources

1.Amarillo Economic Development Corporation Board of Directors minutes, March 22, 2022 — Amarillo Economic Development Corporation (via City of Amarillo CivicClerk), Apr 18, 2022 · retrieved Oct 22, 2026primarySubject-authoredScanned minutes (OCR); figures checked against the page images. 'published' is the date the board approved these minutes, as recorded in the minutes of that later meeting.
2.Amarillo Economic Development Corporation Managerial Report, for the four months ended January 31, 2025 — Amarillo Economic Development Corporation, Jan 31, 2025 · retrieved Oct 14, 2026primarySubject-authoredUnaudited; marked 'Restricted for management only, notes are not presented'. 'Cumulative Project Status Report' through January 31, 2025 on page 6. 'published' set to the report period end; the file was uploaded to the AEDC site in December 2025.
3.Amarillo Economic Development Corporation Board of Directors minutes, July 19, 2021 — Amarillo Economic Development Corporation (via City of Amarillo CivicClerk), Aug 23, 2021 · retrieved Oct 22, 2026primarySubject-authoredScanned minutes (OCR); figures checked against the page images. 'published' is the date the board approved these minutes, as recorded in the minutes of that later meeting.