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Social New Venture Challenge

Social New Venture Challenge

Application & Eligibility

Most other business schools and graduate entrepreneurship programs host a single day or weekend business plan competition. The SNVC at Chicago Booth is not just a competition. Instead, it is a year-long launch program that features three distinct phases:

  • Phase I: Idea Generation, Business Idea Validation, Team Formation, and Application
  • Phase II: Course – Mentoring, Critical Feedback & Business Plan Development
  • Phase III: Final Pitches

Application Deadline // The application for the 2019 SNVC has closed. If you have any questions about the application process, please send them to

Eligibility Requirements

All currently enrolled graduate students at the University of Chicago are eligible to apply to the SNVC as an individual or as a team. It is highly encouraged to submit an application to the SNVC as a team with cross-functional expertise. Alumni of the university and individuals not affiliated with the university are eligible to apply to the SNVC as long as they have at least one current UChicago 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.

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