Phase II Teams Selected for the 2021 Global New Venture Challenge

The Polsky Center for Entrepreneurship and Innovation at the University of Chicago has announced the 19 teams advancing to phase II of the 2021 Global New Venture Challenge (GNVC). The GNVC is the global track of the university’s business launch program, the New Venture Challenge (NVC).

Learn more about the teams moving on to phase II of the GNVC below:

Chicago Cohort

BYOND connects talented underrepresented candidates to fulfill their potential with career opportunities at organizations committed to advancing diversity, equity, and inclusion. Its digital platform offers individuals access to opportunities while supporting employers with its sourcing strategies.

Driving Forward
Driving Forward is a non-profit that helps under-resourced undergraduates prepare for a rewarding career offering internships focused on professional development and mentorship.

Ember is a consumer brand that develops, manufactures, and sells unique functional foods. For its first product, Ember has developed an energy gummy.

Heartbeat is a subscription-based telemedicine platform that transforms a smartphone into a digital stethoscope that acquires heart sounds in real-time.

iCT provides innovative ways for patient and researcher education, engagement, and communication in every step of the clinical trial.

Overtime Solutions
Overtime Solutions provides scheduling optimization software for municipal organizations with hourly employees.

Pillars is an investment platform to manage and grow the wealth of Muslims, empowering them to achieve their financial goals in accordance with their values.

Well Diagram Inc.
Well Diagram Inc. combines technical tools with competitive intelligence analytics for the oil and gas industry and their investors.

Hong Kong Cohort

AQUAGENIX is an artificial intelligence enabled digital platform for aquaculture farmers in India that solves real-time monitoring of shrimp biological growth, appetite, and symptoms of disease outbreaks.

Lucifer Gaming
Lucifer Gaming is a technology-enabled provider of secure playing cards, card shoe devices, and casino table game analytics in Asia.

One World Education
One World Education is an international school (starting in kindergarten) with focus on teaching Chinese and English, embracing differences and cultural diversity, and aiming to educate the next generation of global citizens.

Menu Mate
Menu Mate is a comprehensive SaaS solution to help food and beverage retailers maximize operating margins through the use of dynamic menu pricing and the elimination of menu costs.

London Cohort

CLOUDLEAF is a cloud-based two-sided marketplace that offers a menu of industry standard software that disadvantaged business enterprises can access in a low-cost subscription model.

Contract Analyzer
Contract Analyzer is an innovative SaaS tool, which uses state-of-the-art AI and NLP to automatically extract commercially relevant information from contracts, and tracks chronological updates to contracts.

Dar is a modular housing product that offers affordability, sustainability, and short lead-time. The product aims to address the housing crisis faced by the middle class.

ReconBio is a drug-device combination platform that enables on-demand drug delivery and retrieval, creating value by improving patient outcomes and reducing healthcare costs.

TAC24H is a marketplace for medical test providers and patients in need of testing. Its offering works not only as a booking tool but also allows patients to compare the prices across providers.

Tendenza is a woman apparel retail chain that sells selected second-hand top quality imported clothing.

Westport Welding Innovation
Westport Welding Innovation is a specialty engineering firm that focuses on welding QA and specifications for major projects.

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