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College New Venture Challenge

College New Venture Challenge

Prepare and Apply

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: Idea generation, validation, team formation, and selection. Concludes with application process and team selection.
  • Phase II:  A for-credit class at Chicago Booth for College students. Includes startup pitches and business plan development.
  • Phase III: The Finals Competition

Application Deadline // Applications for the 2020 cycle will open in Autumn 2019 and will be due by Monday, November 18 at 10:00 a.m.   If you have any questions about the application process, please send them to

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 unenrolled team members, and may audit the CNVC class (not for credit). It is highly encouraged that applications are submitted as a team with cross-functional expertise. At least one member of the team must enroll in the CNVC course. 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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