The Startup State Initiative, in partnership with the Lassonde Entrepreneur Institute, has launched the Get Started: Business Idea Challenge to empower Utah’s aspiring entrepreneurs. This program provides up to $500 in non-equity funding to help founders develop their business ideas, from purchasing equipment to creating a tech prototype.
Beyond funding, the program guides and motivates participants to reach specific, short-term milestones within 30 to 90 days. Utah residents 18 and older can apply by the first Wednesday of each month. While individuals can apply multiple times a year, only one application per email address is accepted monthly.
Up to 15 applicants will be selected and provided with a pitch deck template for their final presentation. These live pitch events offer a supportive environment where participants can share their ideas with peers, entrepreneurs, and community members, focusing on encouragement rather than traditional competition.