Accelerator / VC

University of Chicago New Venture Challenge

About University of Chicago New Venture Challenge

Launched in 1996, the Edward L. Kaplan, '71, New Venture Challenge (NVC) is one of the nation's premier business launch programs. It has a proven track record of helping entrepreneurs turn their ideas into successful businesses. Participants benefit from mentorship, funding opportunities, and a rigorous, practical curriculum designed to enhance their business acumen. The program also provides networking opportunities with industry leaders, investors, and successful alumni, offering valuable exposure and potential partnership opportunities.

How to apply

To apply for the University of Chicago New Venture Challenge, interested entrepreneurs need to submit an application through the NVC website. The application process typically involves providing detailed information about the business idea, the team, market analysis, and financial projections. Selected applicants will be invited to participate in further rounds that may include interviews and pitching sessions. It is advisable to prepare thoroughly and ensure that the business idea is well-developed and scalable.

Apply on their website

A note on accuracy

This information is based on our research and may change over time. Always confirm the latest details on the official website. Spotted something off? Let us know.

At a glance

Industry: The NVC is industry-agnostic, welcoming startups from various sectors including technology, healthcare, finance, consumer products, and more.
Markets: United States
Avg. Funding: The average funding round varies depending on the specific needs and potential of each startup. Historically, the NVC has helped startups raise significant initial funding, often in the range of hundreds of thousands to millions of dollars.
Investments: 12 startups

Quick links

Official website LinkedIn page Back to directory

After you raise

Need a tech team that ships?

When you're ready to build, ProDevs helps founders hire vetted engineers, designers, and PMs — only if it's the right fit.

See how it works

More to explore

Other accelerators & VCs

GrowthX Accelerator

GrowthX Accelerator's mission is to connect startups with the best of Microsoft and help them scale. The program offers a range of benefits to entrepreneurs, in...

Various industries with a fo... Middle East and Africa

View details Avg: N/A as the program...

Open World Accelerator

Open World Accelerator is an initiative designed to advance innovation in the travel industry by helping startups and SMBs. It aims to support entrepreneurs wit...

Travel Industry Global

View details Avg: The average fundin...

Project Ninja

Project Ninja supports entrepreneurship development activities, business matching, and policy recommendations. It is an initiative by the Japan International Co...

Various industries with a fo... Developing countries sup...

View details Avg: N/A