OPPORTUNITY QUEST Competition Overview

The annual Westminster College Opportunity Quest is a business plan competition designed to encourage students to venture into the world of entrepreneurship. The competition is a great opportunity for students who have ever considered starting their own business, or who have a business concept in mind, to validate their ideas and determine if they have a real market opportunity.

Participants will work with a team of experienced entrepreneurial leaders who will mentor them through the process of writing a formal executive summary and business plan. The staff at Westminster’s Institute for New Enterprise will also be available to assist teams throughout the process with resources, recommendations, and forums with guest speakers.

$10,000 in Prize Money

The culmination of the competition will give teams an opportunity to pitch their business plans to a panel of judges consisting of entrepreneurs and business leaders. Prize money - $8,000 - will be given to the top three teams!
Also, we are launching a new category dedicated for Social Entrepreneurship with a winning prize of $2,000.
The winning team automatically becomes a semifinalist in the Utah Entrepreneurial Challenge (UEC). The UEC is a statewide competition that awards over $100,000 in cash and in-kind services each year.

Eligibility

Opportunity Quest is open to all Westminster undergraduate and graduate students regardless of their major. Non-students can participate as long as one team member is a current Westminster student. Participation in the competition is free. If you don’t have a business idea, don’t worry; we can pair you with other participants who are looking for dynamic team members.

Have Questions? Come to the Kick-Off Event!

Join us on Wednesday, September 19th from 5:00 - 6:00 PM at HWAC Special Event Room for the Opportunity Quest Kick-Off Event. We will explain the event in detail and answer questions. Refreshments will be served!

Email the Directors: OpportunityQuest@westminstercollege.edu

What is the Utah Entrepreneur Challenge?

The Utah Entrepreneur Challenge is a statewide business plan competition that is open to any college student in Utah. Every year, the UE Challenge awards over $100,000 in cash and in-kind business services to the top finalists in the competition.

Westminster Opportunity Quest’s first place team will automatically qualify for a semi-finalist position in the UE Challenge, and all Westminster Opportunity Quest participants can compete in the State competition, but are not required. For more information on the UE Challenge, go to: www.uec.utah.edu