The One Utah Summit is an annual gathering that brings together Utah's business, nonprofit, and government leaders to discuss and strategize on the state's economic development and future. Historically, the summit has been held biannually, with events in both northern and southern Utah. However, starting in 2025, the summit will transition to a single, three-day event each October at Southern Utah University (SUU) in Cedar City.
Are you a founder in Utah? This could be your chance to turn your startup’s momentum into meaningful capital.
The State Bank Business Challenge, a pitch competition held during the One Utah Summit at Southern Utah University, will award $50,000 in cash prizes to winners. While programs like the Get Started: Business Idea Challenge award grants for budding ideas, the State Bank Business Challenge is a competition built for early-stage businesses.
Why Apply
This competition offers more than capital — it delivers visibility, valuable feedback, and strategic mentoring for winners, which is why small businesses from rural and southern Utah are especially encouraged to apply.
If you have a startup that meets the qualifications, bring your best pitch forward and prepare to step onto Utah’s entrepreneurial stage.
What You Need to Know
Timeline
For more details and to apply for the competition, visit the State Bank Business Challenge website. Learn how to move your business forward with the Startup State Initiative’s resource page or take the first step and start your business in Utah.