The Queen's Entrepreneurs' Competition is the largest international undergraduate startup competition in Canada. Under the management of the Queen’s Smith School of Business undergraduate students, the QEC exists to foster innovation and provide aspiring entrepreneurs with the opportunities they need to turn their ideas into reality. The Queen’s Entrepreneurs’ Competition gives competitors the chance to collaborate and network, develop their business ideas, and receive the support they need to launch their ideas successfully. Founded in 1988, the QEC has grown to become Canada's greatest undergraduate business competition, awarding over $80,000 in cash and prizes annually. New York Times has stated that the QEC is, "One of the longest-running and best-known undergraduate business plan competitions in the world."