Startup funding doesn’t just live in Austin or Dallas.
Five companies in Midland are splitting $500k in funding through the Midland Entrepreneurial Challenge, a regional accelerator run by the Midland Development Corporation and the University of Texas Permian Basin.
The program brings founders through months of mentorship, pitch coaching and investor preparation before finalists compete for funding. Since launching, the challenge has become a key pipeline for new businesses in West Texas, drawing hundreds of entrepreneurs to its annual orientation.