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.