Southern Utah Speed Pitch

State Bank Business Challenge

The State Bank Business Challenge will be held as part of this year’s One Utah Summit, on the Southern Utah University campus. This Business Challenge is intended to help identify and support high-potential early-stage businesses. With $25,000 in cash prizes plus additional awards, all entrepreneurs who meet the criteria are encouraged to consider entering the competition to have their idea heard and evaluated.

  • Business must have generated some revenue by the time of entry. Prior year's total revenue must not exceed $200,000.
  • Entries must be submitted by Midnight, Sunday, October 2nd
  • This competition is open to legal residents of Utah and students attending SUU, Utah Tech University, Southwest Tech, Utah State and Snow College Students
  • Applicants may enter individually or in groups, but only one entry per person.
  • Must be available to attend in person for both Semi-Finals and Finals. No remote participation will be allowed. 

  • Video application deadline: Sunday, October 2nd at midnight. Must be a YouTube link.
  • Notification of advancement in the competition: Thursday, October 6th by midnight
  • Round 1: October 11th at 4:00 pm in Dixie L. Leavitt School of Business
    • 90 second pitch, approximately 60 seconds for Q & A
  • Round 2: October 12th at 12:30 in the Randall Jones Theater

    • Approximately 7 selected contestants
    • 90 second pitch, approximately 3 minutes of Q & A
  1. This is an early-stage business competition, not a business-idea competition. Businesses must have generated some revenue by the time of submission, but cannot have earned more than $200,000 in 2021
  2. This competition is open to legal residents of Utah and students attending SUU, Utah Tech University, Southwest Tech, Utah State and Snow College Students
  3. Applicants must be available for Round 1 (semifinals) on October 11th @ 4pm and Round 2 (finals) on October 12th @ 12:30-2 pm. All portions of this event take place in person. No Remote participation will be allowed
  4. Individuals involved in the administration of the competition and judges are also disallowed from participating. The immediate family of individuals involved in the competition may participate but are ineligible to receive cash prizes.
  5. Entries must be submitted by Midnight, October 2nd.
  6. Applicants may enter individually or in groups, but only one entry per person. No person may participate in the presentation of more than one business.
  7. Entries must describe a business that may be lawfully operated in the United States. Entries must be the original work of the entrant, must not infringe any third-party rights, and may not in any other way violate applicable laws and regulations.
  8. Proprietary concepts and intellectual property may be protected by a provisional patent or copyright, should the contestant desire. Contestants in this contest will not be penalized for withholding key concepts or intellectual property associated with their business.
  9. Rules are subject to change without prior notice.
For more information, please contact Kristina Maine

Official Entry Form

Official Entry for Fall 2022 is now Open!