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$100 Startup Challenge

The $100 Startup Competition is an opportunity for students to experience entrepreneurship in a competition to build, grow, and validate a business opportunity starting with one hundred dollars and three-weeks.

Students apply through a simple application form, answering questions about their team and business idea. 3 Teams will then be selected to participate each month. These teams will be given $100 gift cards and 3 weeks to build a business that generates revenue. Teams are evaluated on team unity, networks/resources used, impact/customers reached, and sales.

The Center for Entrepreneurship hosts this competition during the academic year to give a hands on approach to experience entrepreneurship and gain valuable insight.  It is our hope students will stretch their current abilities, resources, knowledge, and connections to build a business model.  We will then invest significantly in helping these students take their business model to the next level.  What will you build with $100?

E-Week Finals, Cash Prizes

  • 1st Place: $1,500
  • 2nd Place: $1,000
  • 3rd Place: $500

Apply Now

Event Schedule

Date Event Time/Location Description
September 27, 2019                                                                        Application Due 12:00 pm Apply to receive one of three $100 gift cards plus Aggie Pitch Prizes ($2,000, Founders Board Pitch, dinner with a Mentor, free $1,200 video). Submit your idea (or current business) through the online form. Only one student on the team must be a current USU student (enrolled in 9 credits or more). All majors welcome!
September 28, 2019                                                                                                                           

Top 30 "Pitchers" Announced

E-Center Social Media 30 teams will be selected to pitch in front of judges on October 1st for Aggie Pitch and $100 start-up. 
October 1, 2019 Aggie Pitch + $100 Start-up 6:00 pm, Huntsman Hall 320 The top thirty "pitchers" are given 90 seconds, no Questions and Answer period, and no slide shows—to pitch in front of judges. Winners announced immediately after.

October 2, 2019

(invitation only)

Aggie Pitch to Founders Board 5:00 pm, Anderson Boardroom The top 10 "pitchers" are given 90 seconds, 3 minute Questions and Answer period, and no slide shows—to pitch in front of Founders Board. Includes dinner and $2,000 in prizes.
October 25, 2019 Application Due 12:00 pm Apply to receive one of three $100 gift cards. Submit your idea (or current business) through the online form. Only one student on the team must be a current USU student (enrolled in 9 credits or more). All majors welcome!
October 29, 2019 $100 Start-up, Pizza and Pitch 6:00 pm, Huntsman Hall 320 Follow up on previous winnners. The top thirty "pitchers" are given 90 seconds, no Questions and Answer period, and no slide shows—to pitch in front of judges. Winners announced immediately after.
November 15, 2019 Application Due 12:00 pm Apply to receive one of three $100 gift cards. Submit your idea (or current business) through the online form. Only one student on the team must be a current USU student (enrolled in 9 credits or more). All majors welcome!
October 19, 2019 $100 Start-up, Pizza and Pitch 6:00 pm, Huntsman Hall 320 Follow up on previous winnners. The top thirty "pitchers" are given 90 seconds, no Questions and Answer period, and no slide shows—to pitch in front of judges. Winners announced immediately after.

Competition Rules

  • Team must be led by a current USU student.
  • No two teams can combine their $100 gift cards.
  • The business must have generated less than $7,500 in total sales.
  • The all participating businesses (whether awared $100 or not) may compete in the final event at the Start-up Farmers Market on 6 April 2020 from 10am to 2pm. The business must be able to sell its product at and attend that event.
  • Students will be evaluated on team unity, networks/resources used, impact/customers reached, and sales/revenue.
  • Money may be spent as the entrepreneurs deem necessary to grow and establish their business opportunity.
  • Money must be used toward the competition only – violators will be disqualified.
  • If disqualified, the full $100 must be returned.
  • Teams must track and turn in ALL receipts during initial (3-4 week) building period.
  • Teams can spend personal money, but the $100 gift card must be spent first.
  • At least one team member must attend Entrepreneurship Club in the appropriate meeting (noted on the calender) to report on their growth after receiving the $100 gift card.
  • Active (initial [3-4 week] building period) students' teams must complete weekly checkpoint check-ins each week with a peer or staff mentor between 9am and 5pm at the Center for Entrepreneurship.
  • If you plan on selling food, at least one team member must have a food handler's permit and appropriate certification and that member must be present during the selling event.