Compete in the Utah Entrepreneur Challenge!
The Utah Entrepreneur Challenge is a business plan competition that is open to any university or college student in the State of Utah. Every year, the Challenge awards over $100,000 in cash and in-kind services to the top finalists in the competition. Teams are given seven months to develop, improve, and perfect their business plans and then submit their plan into the competition. Educational forums are held throughout the year to inform and assist students about the process of creating a business plan. Please review the competition packet below to learn about all the rules for entering the Challenge.
The Competition Packet
Teams should download this packet containing all guidelines for entries, as well as information on Judging and the competition process.
The Judging Process
Click here to download a sample of the scorecard used when judging your business plan. By reviewing this handout you can make sure to meet/exceed any of the judging criteria.
Click here to download a sample of the scorecard used when judging your final presentation. By reviewing this handout you can make sure to meet/exceed any of the judging criteria.
Resources
The Challenge has made some resources available to help you get started. Click the links below to get help.
Download hints for writing business plans and introductory paragraphs.
Download tips for The Challenge final evaluation.
Frequently Asked Questions
Where do I deliver my executive summary?
Click here for more information about executive summary submission.
Is there a charge to enter the competition?
The Utah Entrepreneur Challenge is a non-profit organization. No fees or charges are assessed to any participant at any time during the competition.
How large can my team be?
Teams can be of any size. However, the most successful teams in the past have had three to eight members.
Can I be on more than one team?
You can be a member of as many teams as you want and may submit as many distinct plans as you want.
How will my intellectual property be protected?
The UEC Directors have taken appropriate measures to ensure the protection of your intellectual property. Any individuals involved in UEC that come in contact with your plan will be required to commit to a confidentiality agreement.
How does judging work?
Our twelve judges will evaluate all submissions. All business plans will be read by all twelve judges and ranked on a scale of 0-100. The scores will be averaged among the judges. The top socres will advnace to the next round.
Still have more questions?
If you still have questions about participating in The Utah Entrepreneur Challenge, please contact us. We will be sure to respond to your inquiry very quickly.