Lassonde Entrepreneur Institute at the University of Utah announces the opening of its 2024-25 Utah Entrepreneur Challenge. High school and college entrepreneurs may complete for $75,000 in cash prizes and awards.
Salt Lake City, Utah, September 26, 2024
The Utah Entrepreneur Challenge (UEC) is a statewide, student business competition sponsored by the University of Utah's Lassonde Entrepreneur Institute. Teams from universities across Utah compete for the best student business and a chance to win $75,000 in cash and prizes. All students in Utah from participating colleges and universities are eligible to apply. The Utah Entrepreneur Challenge culminates with at a final event at the University of Utah.
Participating teams are judged by industry professionals, experienced entrepreneurs and community experts. Judges will allocate $75,000 in prizes and awards to the top 20 finalists. Many past winners have developed into successful enterprises. The program is managed by the Lassonde Entrepreneur Institute at the University of Utah and sponsored by Zions Bank. Younger students, ages 14-18, are encouraged to complete in the High School Utah Entrepreneur Challenge for a chance to win $30,000 in prizes and scholarships.
The Utah Entrepreneur Challenge consists of three parts: (1) a business-model submission, (2) a video submission, and (3) the final live presentation and interviews during the UEC final event.
The top 20 teams will be selected by participating schools. Each school will review all relevant applications and nominate up to two student teams to participate in rounds 2 and 3 of the UEC.
The Utah Entrepreneur Challenge provides resources to aid students in the creation and implementation of their business. Students gain valuable skills and experience to help them transition to the competitive world of entrepreneurship. Dozens of past teams from the competition have successfully moved forward and become successful businesses.
Register here for the 2024-25 Utah Entrepreneur Challenge.
