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

OVERVIEW
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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.

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Prizes and Investments

The New Venture Challenge invests over $1M in startups each year thanks to the generosity of numerous alumni donors and investors.

In 2018, Rattan L. Khosa, ’79 generously endowed the first place investment. Since then, the amount invested in startups has grown over 250%.

Rattan L. Khosa, ’79 First Place Prize Winners
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2024 Winner:

Congratulations to FreshX for winning the Rattan L. Khosa First-Place Prize of a record-breaking $1,000,000 in investment at the 28th Annual Edward L. Kaplan, ’71, New Venture Challenge (NVC). FreshX is a supply chain software company that helps food companies and freight brokers easily book and manage cold-chain transportation and storage.

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

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Rattan L. Khosa, ’79 First Place Prize Winners —

Rattan L. Khosa, ’79 First Place Prize Winners
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