Do you have a great idea for a business but aren't sure where to start? The Opportunity Quest Business Plan Competition gives you the chance to validate your idea and take it to the next level!

2016 Competition


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 Center for Entrepreneurship will also be available to assist teams throughout the process with resources, recommendations, and forums with guest speakers.

$11,500 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! Additionally, we feature an award in Social Entrepreneurship with a winning prize of $2,000.

We are featuring three new prizes this year, The People's Choice Award based on video votes, The Quality Presentation Award determined at the Final Presentations, and The Open house Award based on golden tickets given as votes by guests at the Awards Banquet.

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.


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?
Email the Directors

Johnnie V Ethington

Miguel Villa:

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.

ActivityDate and TimePlace
Kick-off event (Free Pizza)Wednesday, September 28 at 5:30 to 6:30Bassis Center
Virtual Kick-off eventFriday, September 30 at 12:00 to 1:00 p.m.Google Chat
Student Entrepreneurship ConferenceTBD. Free Registration through the CFEeBay Offices, Draper
Executive Summary WorkshopWednesday, October 5 at 5:30 to 6:30Bassis Center
Video WorkshopWednesday, October 26 at 5:30 to 6:30Bassis Center
Final Help WorkshopWednesday, November 9 at 5:30 to 6:30Bassis Center
Virtual Final Help WorkshopFriday, November 11 at 12:00 to 1:00 p.m.Google Chat
Executive Summary and Video DeadlineSunday, November 20 at 11:59 p.m.On iStart
Top Ten Finalists AnnouncedMonday, December 5On the CFE website
Business Plan DeadlineSunday, January 20 at 11:59 p.m.On iStart
Final Presentation WorkshopWednesday, January 25 at 5:30 to 6:30Bassis Center
Virtual Final Presentation WorkshopFriday, January 27 at 12:00 to 1:00 p.m.Google Chat
Dress Rehearsal #1Monday, January 30 at 2:30 to 5:30Gore Executive Conference Room
Dress Rehearsal #2Tuesday, January 31 at 2:30 to 5:30Gore Executive Conference Room
Top Ten Finalists PresentationsFriday February 3 at 10:00 to 6:00Gore Executive Conference Room
Final Awards BanquetFriday, February 10 at 5:30 to 8:30Jewett Center Tanner Atrium

Westminster Opportunity Quest business plan and presentation guidelines, and judging scorecards are based on the Utah Entrepreneur Challenge model. The following forms are an invaluable guide to successfully competing in both competitions.

Sportster Full Business Plan

Competition Packet—All the info you need for Opportunity Quest

Video Workshop

Executive Summary Workshop

Small Business Resource Center

Becoming an Entrepreneur

Executive Summary Examples:

One Page Executive Summaries

Two Page Executive Summary

Six Page Executive Summary

Other Resources:

Elevator Pitch Worksheet

Brand Strategy Exercise

Steps to Developing a Business Plan

Ultimate Guide to Business Plans