The Utah Entrepreneur Challenge (UEC) is a business plan competition for collegiate, university, and graduate students throughout the state of Utah. The competition fosters business growth at the college and university level by giving students a chance to organize, direct and present a business plan to a panel of judges. The UEC provides teams with educational forums, mentors, a speaker series and other resources to prepare them for the competition and aid them in the creation and implementation of their business plan. A grand prize of $50,000 will be awarded to the team with the most plausible and promising business plan. Secondary prizes will also be awarded including cash and in-kind services worth over $100,000.

The Challenge awards AmWell $50,000 First Prize

The Utah Entrepreneur Challenge awarded the $50,000 first prize check to AmWell, a biotech business started by students at the University of Utah. Their technology, developed at the University of Utah, is designed to help stop the transmission of STDs.  AmWell beat out 184 other teams from across the state of Utah to claim the top spot for the year. They will also receive over $30,000 in in-kind services from various businesses here in the state. The two runner-ups for the evening were Klymit and Energy Tap.