SBDC Best Business Idea Competition Highlights



12th Annual Competition

January 31, 2018

The results of the 12th Annual Best Business Idea Competition are in, and the winners have been determined!  The event was sponsored by the SUU Small Business Development Center and School of Business, Southwest Technical College, Cedar City Chamber of Commerce, USTAR, Staheli West, TouchMD, and Hughes and Associates. Many imaginative and promising business ideas were submitted for judging.  Nine finalists were chosen to present their business idea orally to the panel of judges.  Based upon those presentations the winners were chosen.

And the Best Business Idea Competition winners are….

Place Prize Recipient Business Description
1st Place $5,000 Evgenia Marushko (SUU student) Interactive athlete recruiting app
2nd Place $3,000 Spencer Crankshaw (SUU student) Self-leveling sleeping pad
3rd Place $1,000 Christopher Christiansen (SUU student) Physician coordinated, location specific travel first aid kits
Honorable Mention $500 Isaac Askeroth ClearSecure – provides powerful window security film to protect your home, office and vehicles
Honorable Mention $500 Scott Leavitt Free centralized address directory service

And the Zions Bank sponsored Opportunity Quest (student only) Competition winners are….

 

Prize Recipient Business Description
1st Place $2,000 Evgenia Marushko (SUU student) Interactive athlete recruiting app
2nd Place $1,000 Spencer Crankshaw (SUU student) Self-leveling sleeping pad
3rd Place $750 Christopher Christiansen (SUU student) Physician coordinated, location specific travel first aid kits
Honorable Mention $500 Andrew Dana (SUU student) Buoyant swim pack

As can be seen, the winners' ideas covered a wide range of business possibilities.  All represent very practical and innovative business ideas, with very bright prospects for the future.  Many of the winning ideas were submitted by SUU students. 

The mutual purpose of each of the sponsors of this competition is to support the development of small businesses in the Tri-County area (Iron, Beaver and Garfield Counties), and to promote healthy economic development with more jobs and an increased tax revenue base.  With the integration of community resources and the talent of our own successful entrepreneurs, we can help more and more small companies get started and successfully grow. 

The mission of the SUU Small Business Development Center (SBDC) is to strengthen Utah's economic fabric and quality of life by facilitating the success and prosperity of small business endeavors.  The SBDC is located within the SUU Business Resource Center (BRC), which opened its doors in April of 2009 as a "one-stop-shop" business resource center and incubator to provide necessary support and counseling services for smaller businesses.  The SUU Business Resource Center and partners is located at 510 West 800 South in Cedar City.  The SBDC and BRC provide counseling and support services, as well as help with financing alternatives (including micro loan programs), business partnering facilitation, marketing, legal and human resource services.

Craig Isom, Executive Director of the SUU Business Resource Center and Small Business Development Center said, "It is very rewarding to see the response to the competition challenge.  There's lots of talent in our community and many untapped ideas and opportunities.  We're happy to see so many great ideas and to have the level of interest we have in this kind of event.  What's most rewarding is seeing so many different resources come together (university, public and private) for a very important and common cause.  We extend our thanks to all who participated.  Now we just have to keep the ball rolling and support the launch of some new, successful businesses, and build upon this start to increased community partnership."



Results Are In!

January 28, 2015

The results of the 10th Annual Best Business Idea Competition are in, and the winners have been determined! The event was sponsored by the SUU Small Business Development Center and School of Business, Southwest Applied Technology College, USTAR, Cedar City Chamber of Commerce, and Hughes and Associates. Many imaginative and promising business ideas were submitted for judging. Ten finalists were chosen to present their business idea orally to the panel of judges. Based upon those presentations the winners were chosen.

And the Best Business Idea Competition winners are….

1st Place - $5,000: Chip Sanders & Malachi McAfee (SUU Student) Fake-A-Shade – Cost effective plantation shutter product
2nd Place - $3,000: McKay & Janelle Thompson Property Premiere – High quality virtual interactive 3D real estate tours
3rd Place - $1,000: Paydon Newman & Jordan Parker (SUU Students) FitPit Products – PMX, an all-natural supplement
Honorable Mentions - $500 each: Chad Westwood & Karsten Reed CKL, LLC – 3D home tours Mackenzie Maness (SUU Student) Strut Clothing – clothing designed for different body types And the Zions Bank sponsored Opportunity Quest (student only) Competition winners are….

1st Place - $2,000: Chip Sanders & Malachi McAfee (SUU Student) Fake-A-Shade – Cost effective plantation shutter product
2nd Place $1,000: Paydon Newman & Jordan Parker (SUU Students) FitPit Products – PMX, an all-natural supplement
3rd Place $750: Mackenzie Maness (SUU Student) Strut Clothing – clothing designed for different body types

As can be seen, the winners’ ideas covered a wide range of business possibilities. All represent very practical and innovative business ideas, with very bright prospects for the future. Many of the winning ideas were submitted by SUU students.

The mutual purpose of each of the sponsors of this competition is to support the development of small businesses in the Tri-County area (Iron, Beaver and Garfield Counties), and to promote healthy economic development with more jobs and an increased tax revenue base. With the integration of community resources and the talent of our own successful entrepreneurs, we can help more and more small companies get started and successfully grow.

See the Past Winners page for information about previous year's competition winners!



What a Great Competition

February 06, 2014

Joni Anderson, Regional Director of SUU’s Small Business Development Center, said the people at the center enjoy seeing so many different ideas and helping those involved continue with their business ideas. “This is our 8th Annual Best Business Idea Competition, and we are happy and excited every year to see the variety of business ideas that come from the community,” Anderson said. “We want to continue the progress and support the new and existing small businesses in our community.”

The Best Business competition is held annually and is open to anyone in the Iron, Beaver and Garfield counties who have a business idea they would like to share. This year there were 21 entrants, each of whom submitted a written business plan and a video promoting their idea. From those entries, 10 were chosen to be finalists and then gave a presentation to a panel of 13 judges.



January 2012

Since Craig Isom, the SBDC and Southern Utah University started this program, it has continued to grow and attract better business ideas every year. The fact is it is sad that we have to narrow down how many companies can actually present. This year was no exception and the business ideas that were presented were outstanding. We still do not have an outcome, but everyone who presented should be proud of their business ideas and in true entrepreneurial fashion move forward with their plans.

I was excited by the professionalism exhibited by the presenters and amazed at the time these people spent on their ideas. I think that if everyone of them spend the same amount of time working with the customer base, they will see success.

Thank you Southern Utah Entrepreneurs!!!



Opportunity Quest