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Edward L. Kaplan, '71, New Venture Challenge (NVC)

Edward L. Kaplan, '71, New Venture Challenge (NVC)


Launched in 1996, the Edward L. Kaplan, ’71, New Venture Challenge (NVC) is recognized as one of the top-ranked accelerator programs in the nation. Through the NVC, the Polsky Center has graduated more than 370 startup companies and created thousands of jobs for the economy. NVC startups have raised more than $1.2 billion in funding and achieved more than $8.5 billion in mergers and exits. Companies launched through the NVC include household names such as Grubhub, Braintree/Venmo, and Simple Mills. The Rattan L. Khosa First-Place Prize, in addition to other specialized prizes and awards, are announced at the Polsky Innovation Showcase immediately following the finals.

The NVC application deadline is January 27, 2022 at 10:00 a.m. CT (no exceptions). Apply online now. >>

2021 Winner:

Congratulations to Andes STR, winner of the 2021 Edward L. Kaplan, ’71, New Venture Challenge! Andes STR set a record after securing $681,250 in total funding, which includes $180,000 from the Rattan L. Khosa First-Place Prize. Andes STR is a modern property management company that offers people a turnkey solution to buy, furnish, and manage properties in the short-term rental market, providing customers with more flexibility and higher returns. (Team: Sebastian Rivas, Kristina Flathers, Matias Duhart, and Jiamin Yan).

Learn more about Sebastian Rivas, founder and CEO of Andes STR, in Polsky’s Where Are They Now? Podcast. Listen now. >>

Andes STR wins 2021 Edward L. Kaplan, ’71, New Venture Challenge


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