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College New Venture Challenge

College New Venture Challenge

Application & Eligibility

Most other universities host a single day or weekend business plan competition for their students interested in entrepreneurship. The CNVC is different. It is not just a competition. Instead, it is a multifaceted and interactive business launch program that features three distinct phases:

  • Phase I: In the Fall quarter, attend events hosted by the Polsky Center to learn about entrepreneurship, meet teammates, and generate ideas. Eligible teams must develop their business feasibility summary and apply by November 18, 2019.
  • Phase II: Selected teams will enroll in a Chicago Booth class (for undergraduates only) in the Winter quarter, where they will develop a full business plan, practice pitching, and receive mentorship from faculty, coaches, and experienced investors.
  • Phase III: The program will culminate at the end of the Winter quarter where the top finalist teams will compete for investment and pitch in front of an esteemed panel of investors and judges at the CNVC Finals on March 11, 2020.

Application Deadline // Applications for the 2020 cycle will open in the Fall 2019 quarter and will be due by Monday, November 18, 2019 at 10:00 a.m. CT. If you have any questions about the application process, please contact Lucas Peralta.

Eligibility Requriements

All returning students at the University of Chicago are eligible to apply to the CNVC and enroll in the Chicago Booth CNVC course for credit. First year students may participate as non-enrolled team members, and may audit the CNVC class (not for credit). At least one member of the team must enroll in the CNVC course. Students who are not a part of a participating team may not audit the course. Teams with cross-functional expertise are strongly encouraged. This course counts towards Trott Business Program and Dougan Scholars requirements.

Alumni of the university and individuals not affiliated with the university are eligible to apply to the CNVC as long as they have at least one current UChicago College student as an integral member of the team (i.e., someone with a minimum of 10% equity stake in the venture). However, only current UChicago students are allowed to present in class and at the finals event; other team members may participate in the Q&A only.

Office Hours

Contact Lucas Peralta to schedule an appointment.

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