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University of Chicago New Venture Challenge
AddedFeb 16, 2024
UpdatedJun 28, 2026
University of Chicago New Venture Challenge

University of Chicago New Venture Challenge

Chicago-based university offering the Edward L. Kaplan New Venture Challenge, a premier business launch program since 1996.

HQ
Chicago, IL, US
Founded
1996
Overview
Compare
Employees
Website

The University of Chicago's New Venture Challenge (NVC), established in 1996, is a premier business launch program designed to foster entrepreneurial ideas among students. The NVC offers multiple tracks, including Alumni, College, Global, and Social NVC, providing a comprehensive support system through cash prizes, legal services, and professional consulting. The program aims to transform innovative concepts into successful businesses within a competitive yet nurturing environment.

The NVC has significantly impacted the entrepreneurial landscape, with notable alumni companies like Grubhub, Braintree/Venmo, and Simple Mills. Recognized as one of the top accelerator programs in the nation, the NVC has facilitated the launch of numerous successful startups. The program's success underscores its role in nurturing high-potential ventures and contributing to the broader business ecosystem.

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Quick Facts

Who are University of Chicago New Venture Challenge's competitors?

Companies similar to University of Chicago New Venture Challenge include NYU Summer Launchpad, TechRise Chicago, Heartland Challenge and NIQ Founders Pitch Slam Competition.

When was University of Chicago New Venture Challenge founded?

University of Chicago New Venture Challenge was founded in 1996.

Where is University of Chicago New Venture Challenge's headquarters located?

University of Chicago New Venture Challenge's headquarters is located in Chicago, IL, US.

How many employees does University of Chicago New Venture Challenge have?

University of Chicago New Venture Challenge has 5 employees as of Feb 4, 2024.

Classification

Technology
  • Technology
Customer
  • Education
  • Enterprise
  • Government
  • Non-Profit
NAICS
  • 610000Educational Services
  • 611000Educational Services
SIC
  • 8200Educational Services
  • 8290Schools And Educational Services, Not Elsewhere Classified