Students Share Innovative Business Ideas
Published: February 25, 2021 | Author: Lyndsey Nelson | Read Time: 2 minutes
In early February, the Southern Utah University’s Dixie L. Leavitt School of Business hosted their annual Opportunity Quest competition and rewarded over six thousand dollars to students with innovative business ideas.
The Opportunity Quest competition is a business model competition that seeks to find the most innovative business ideas with a high potential for growth. It is part of the Utah Entrepreneur Challenge, a state-wide, university entrepreneur competition and is made possible by a generous donation from Zions Bank.
At the Opportunity Quest competition, student entrepreneurs are given 90 seconds to pitch their business idea to a group of judges, who will then ask the students a series of questions. If the student performs well in the pitch, their business will then be considered for one of four award positions.
In total, students competing in the Opportunity Quest were awarded $6,600 this year to help them go forward with their business ideas and turn their plans into reality.
This year’s competition winner, Mirryn Morrill, was awarded $2,000 in the Opportunity Quest competition. Morrill presented on her business Morr Decor, which sells custom and pre-designed stencils. The shop has been in business since May of 2020 and has since been able to reach hundreds of customers on Etsy.
“Opportunity Quest was an awesome experience for me,” said Morrill. “I switched from the nursing program to business school in January, so participating in something like this was totally out of my comfort zone. The event was so well organized and well prepared, and even though I am brand new to the business school, I have felt very embraced since the beginning, and being able to participate in Opportunity Quest just helped me to feel even more involved and welcomed.”
The competition is open to all SUU students. Last year’s winner, Kiana Stoker, has gone on to achieve great success with her company Reece & Co. She was awarded $6,000 at the initial competition and went on to compete in the S4 Competition where she won another $5,000 and a $2,000 scholarship.
The Opportunity Quest is an annual competition hosted by SUU’s School of Business. For more information about the Opportunity Quest, the Entrepreneurship Center, or the School of Business, please visit their websites.
Tags: Entrepreneurship School of Business