
Pitch competitions are a powerful way to not only acquire capital but also test and validate your business idea as you move to bring it to market. For fresh founders in Utah’s Six-County area, that opportunity is fast approaching.
The Everyday Entrepreneur Program, part of Snow College’s GRIT Center for Rural Development, is gearing up to host its upcoming pitch competition. As part of its mission to provide access to entrepreneurial education and funding for communities, GRIT is offering $30,000 in prizes, providing a great opportunity to build early capital.
Applications for the preliminary round must be submitted by midnight on Jan. 9, and those hoping to participate must be early-stage businesses, meaning they have generated some revenue but not exceeded $100,000 in earnings during the prior year.
At its core, the competition consists of two parts: Semi-Finals and Finals. Semi-finals will take place individually in Juab, Millard, Piute, Sanpete, Sevier, and Wayne counties, with $1000 up for grabs in each competition. The top performing teams will advance to the final competition on Feb. 19 to compete for their share of $25,000.
To expand on what to expect, applicants may enter individually or in groups, and will submit up to three simple slides covering the problem they’re solving, the solution, market validation and competitors, and their future plans.
For more details on this great opportunity and access to the application, visit the GRIT Center’s website.
Looking to further support your small business in Utah? Check out the Startup State Initiative’s resource page to find more tools, programs, and communities to move your business forward, or learn how to start your business in Utah.
The information in this article is current as of the publishing date and is intended for informational purposes only. This article does not, and is not intended to, constitute legal, tax, or business advice. Any resources and organizations mentioned, unless an entity of or a partner of the state of Utah, are not formally endorsed by the Startup State Initiative or state of Utah.

