State Bank Business Challenge 2023
The State Bank Business Challenge is intended to help identify and support high-potential early-stage businesses. With $50,000 in cash prizes, all entrepreneurs who meet the criteria are encouraged to consider entering the competition, especially those who are from rural and Southern Utah.
2023 Winners
James Thelin, Mega Loaf, $15,000 including Grand Prize and Best Pitch Award
Megan Hutchinson, Sunnyside Up Pastures, $15,000 including Grand Prize and State Bank Legacy & Values Award
Heidi Kershaw, Square in the Eye, $10,000 including Audience Choice Award
Jett Strand, Etched Timber, $8,000 including Best Student Business and Governor’s Choice Award
Caden Matheson, PhotoHive, $3,250
Torrie Meidell, Dream Acre Flower Farm, $3,000 and mentoring with Brad Bonham
JP Teerlink, Parable Devices, $2,000
Kevin Ravenberg, Velocity Boards, $1,000