Global New Venture Challenge (GNVC)

Global New Venture Challenge (GNVC)


The Global New Venture Challenge (GNVC) is the dedicated track of the Edward L. Kaplan, ’71, New Venture Challenge program that supports Chicago Booth Executive MBA students worldwide. Second-year students in the Chicago Booth Executive MBA program are eligible to apply to the GNVC and participate as one of their capstone course requirements. A benefit of the GNVC is the participation of our alumni and members of the business community in the coaching and judging portions of the competition. More than 80 coaches, judges, panelists, and guest speakers participate in the GNVC each year.

The program is structured to meet the unique schedule needs of Chicago Booth executive MBA students. Since Chicago Booth has three global campuses—Chicago, London and Hong Kong—each campus hosts its own semi-finals event. The top teams across all campuses are invited to participate in the global finals, which are held in Chicago during the Executive MBA graduation week.

The GNVC application deadline is January 5, 2024 by 11:59p CT (no exceptions). The application is live! Apply using the link below.
2023 Winner:

Congratulations to Yarra (London), winner of the 2023 Global New Venture Challenge. Yarra is a fem-health company working to commercialize a new type of menstrual cup that significantly improves women’s comfort through a revamped design and a new user experience: insert it and remove it like a tampon. The proprietary and patent-ready design eliminates the suction effect of a traditional cup, making it comfortable to wear and easy to handle. The company beat out five other teams to win first place and $75,000 at the Global New Venture Challenge Finals, which were held in May 2023.


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