The Polsky Center works in conjunction with the Chicago Booth Executive MBA office to manage the GNVC. The program is divided into three phases, which are outlined below.
- Phase I: Current Chicago Booth Executive MBA students will apply to the GNVC with a feasibility summary. The feasibility summary is the application for the GNVC.
- Phase II: Accepted companies will participate in local programming, mentorship, and feedback opportunities (resources will vary by region). Phase II will conclude with a regional semi-finals event, where top team(s) from each campus will be selected to advance as finalists to Phase III. Each region will send at least one finalist team, based on the number of applicants.
- Phase III: The program will culminate in Chicago during graduation week where finalist teams from each region will pitch in front of a world-class panel of investors and established entrepreneurs. Last year’s prize money totaled $150,000.