Finalists Selected for the 13th Annual Global New Venture Challenge

The Polsky Center is pleased to announce the seven teams advancing to the finals of the 2020 Global New Venture Challenge (GNVC). The GNVC is an expansion of the Edward L. Kaplan ’71, New Venture Challenge business competition designed to support Chicago Booth Executive MBA students worldwide.

The GNVC debuted in 2008 and is now in its 13th year of providing Chicago Booth Executive MBA students the opportunity to accelerate their entrepreneurial ventures. The GNVC also allows investor and entrepreneur alumni from North America, Europe, and Asia to participate as mentors and judges throughout different phases of the challenge. The program is run by the Polsky Center for Entrepreneurship and Innovation in collaboration with the Executive MBA program at Chicago Booth.

Teams advancing from the Chicago semifinals are:

Drosent offers a service for measuring the presence of hazardous hydrogen sulfide gas in the oilfield environment while keeping workers away at a safe distance.

health-e is an intelligent health management service that uses connected devices and artificial intelligence (AI) to detect, predict, and prevent heart failure readmissions, creating economic value for third-party payers.

MPath is a software product company using AI technology to provide market research companies with enhanced emotional insights about research participants. .

Teams advancing from the Hong Kong semifinals are:

FanMi is a dual-sided platform business built to solve trust issues of fan fundraising for pop celebrities and connecting vendors to fans.

Utours offers a software-based telematics solution to small and medium auto insurers in China. The platform makes data-driven underwriting decisions and maximizes customer lifetime value.

SmartComp provides real-time compensation data and predictive salary recommendations to employers and HR professionals.

Teams advancing from the London semifinals are:

KayBee is a free online platform that provides learners with educational material that optimally suits their learning styles to reinforce school concepts wherever and whenever they wish.

Leopard IoT System is an Internet of Things (IoT) solution for the bicycle industry. It includes pre-installed hardware to protect the end user from bicycle theft and connects the manufacturer to this data as well.

In accordance with University guidance and for the safety of our community and visitors, the GNVC finals will now be virtual and will take place May 28. Register here to attend this virtual event.

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