Winner of this week’s “New Venture Challenge” will receive at least $180,000

We’re talking serious money with this competition from the University of Chicago and its Polsky Center for Entrepreneurship and Innovation.

Twelve teams have been selected to advance to the finals of the 26th annual “Edward L. Kaplan, ’71, New Venture Challenge” (NVC), the University’s signature start-up accelerator for MBA students at the Booth School of Business. The finals, scheduled for Wednesday, will be held in person for the first time since 2019.

Finalist teams will present their business plans to a panel of judges, who will determine how to award an investment pool expected to exceed $1 million. The winning team will receive at least $180,000 thanks to the “Rattan L. Khosa First-Place Prize.” The NVC, a pioneering business school venture competition founded at Chicago Booth in 1996, last year became the richest such program in the nation when it awarded $1.73 million in investment to student-led start-ups.

Click here to learn more about the competitors.

Stay connected with us on Twitter and LinkedIn. Article ideas and other suggestions should be sent to Include the name and contact information (phone and email) for follow-up.