The first round of the 2017-2018 University of Utah Opportunity Quest is now complete, and the top 10 teams have been selected from 58 total applications. The top teams advance to the remaining rounds to compete for $10,000 in prizes.
The finalist teams demonstrated their ability to propose a viable business model through their executive summary submission in a broad range of industries, including healthcare, food service, data analytics, fashion and outdoor recreation.
The University of Utah Opportunity Quest competition is managed by the Lassonde Entrepreneur Institute and sponsored by Zions Bank.
Here are the top 10 teams in alphabetical order:
- Celebrate Every Day
- EZ Heme Medical
- Foster the Children
- KB Medical
- LIT Outdoors
- Shoulder Brace
- Sono Shield
- Weg’s Seasoning
The next phase of the Opportunity Quest competition will be the submission of a 2-minute video on Jan. 11, 2018. The final phase will be an in-person pitch given to a qualified panel of judges on Jan. 19 at Lassonde Studios.
For anyone who missed out on the chance to apply to Opportunity Quest, apply to the Utah Entrepreneur Challenge, which is a statewide business-model competition. It is very similar to Opportunity Quest, but with over $100,000 in prizes available to students. The application is open until Feb. 15, 2018, at 5 p.m.