UVU Opportunity Quest 2021

UVU 2018 Opportunity Quest

2020 Winners

1st Place - Alessandra and Nicholas Camargo, Bid My Crib

2nd Place - Bradley Bertola and Kamel Greene, Mesh

3rd Place - Matthew Perry, Brock Henson, and Taylor Means, Lobo Gear

 

Apply

Download the 2021 Opportunity Quest competition packet.

Deadline Friday, January 8th, 2021.

Competition on January 26th, 2021.

APPLICATIONS OPEN!

What is Opportunity Quest?

The UVU Opportunity Quest is open to all students across the UVU campus. The competition is designed to foster the students' entrepreneurial mindset through experiential education and to connect them with other entrepreneurs. UVU prides itself on teaching competencies in both managerial and technical skills. Entrepreneurs have a natural inclination toward innovation, achievement, self-determination, and personal resiliency.

The UVU Opportunity Quest gives students a chance to create, develop, and then present their business concepts to a panel of judges experienced in entrepreneurship.

The UVU Opportunity Quest team expresses appreciation to generous support from our sponsors, business coaches, mentors, and judges.  Event Sponsors for UVU 2021 Opportunity Quest Competition are Zion's Bank, and Little Giant Ladders.

Opportunity Quest Overview

Opportunity Quest is an executive summary business plan competition open to all students within Utah Valley University. Individuals or teams can submit entries, but each submission must include at least one current Utah Valley University student in a prominent leadership role.

The competition fosters and promotes business growth at the college and university level by giving students a chance to organize, direct, and present a business idea to a panel of judges. Opportunity Quest provides teams with an educational forum to prepare them for the competition and aid them in the creation and implementation of their business plan.

A cash prize of $4,000 will be awarded to the team judged to have presented the most plausible and promising business executive summary. The first-place team is also automatically entered as a finalist in the Utah Entrepreneur Challenge.

Secondary prizes will also be awarded including cash prizes of $2,000 and $1,000 for 2nd and 3rd place teams respectively. The top three winning teams will also be provided in kind support through the Entrepreneurship Institute.

Opportunity Quest is student directed and involves other students as volunteers under the direction of the UVU Entrepreneurship Institute. The Opportunity Quest competition is designed to further enhance the entrepreneurial desire of students.

This tremendous undertaking has been made possible by generous support from staff, sponsors, mentors, judges, and faculty members of Utah Valley University.

Eligibility

Each participating team must be organized and directed by a student at Utah Valley University that is enrolled during the Spring semester of the competition or who has applied to compete in the OQ during the fall semester prior to the OQ in the spring. (Student standing will be verified by Opportunity Quest staff).

  • The team must be organized and directed by a student from UVU.
  • The founding student must be registered for a minimum of nine (9) credit hours during both semesters of the competition year.
  • The student team members must be involved in all aspects of the competition.
  • The team must not have been an award winner in past Opportunity Quest competitions from previous years. (This eligibility requirement refers exclusively to Opportunity Quest and does not include any of the other events hosted by the UVU Entrepreneurship Institute.)
  • There are no restrictions regarding other team members; however, we suggest building a balanced team with a strong combination of finance, marketing, engineering and technology skills.
  • For existing companies:
    • If the company has been registered in any state longer than 24 months as of Sept. 1, 2020, a brief history of the company is required in the application.
    • The cumulative revenue, debt, grant, or third-party-financing for the company has not exceeded $100,000 as of Sept. 1, 2020.

An individual team may provide more than one entry; however, each executive summary must be registered separately.

 

Sponsored by:

Zion's Bank           Little Giant