CHICAGO–(Enterprise WIRE)–The Polsky Center for Entrepreneurship and Innovation is pleased to announce the winners of the 2021 Alumni New Venture Obstacle (ANVC), a program dedicated to supporting College of Chicago alumni throughout the globe in launching and building their startup ventures.
7 groups offered their organization strategies to a panel of judges for the duration of a virtual finals function Thursday, Might 6, for a prospect at a $100,000 investment decision pool.
Very first position, and $50,000, was awarded to Rosita Longevity, primarily based in Valencia, Spain. Cofounded by Chicago Booth alumni Juan Cartagena, MBA ’12, and Clara Fernandez, MBA ’19, Rosita Longevity is a cell application that encourages healthy way of living patterns for seniors, with the purpose of expanding healthy daily life expectancy by 5 yrs.
Two teams that tied for 2nd position each individual will receive $25,000.
Gravitrek, based mostly in Arizona and cofounded by Booth alum Kira Burns, MBA ’07, would make a walker-variety gadget that simulates a decreased-gravity ecosystem to assist individuals with bodily disabilities be more cellular.
Venture Hive Pet Enterprise, primarily based in Minneapolis and cofounded by Melissa Rappaport Schiffman, MBA ’94 MA ‘94, is a mission-driven brand of premium pet dog toys and treats that presents a share of proceeds to corporations that restore bee and butterfly habitats.
“The camaraderie and support that groups confirmed a single a further was inspiring,” claimed Gorana Kolar, senior associate director at the Polsky Middle. “And in spite of all the worries of launching a small business in the course of a pandemic, the teams produced remarkable progress and have so substantially to be proud of.”
The ANVC, now in its 3rd calendar year, is one of 5 tracks of the New Undertaking Obstacle, a leading-ranked university accelerator at the Booth University of Company that has aided start almost 400 corporations that are continue to lively these days. The NVC, a pioneering system when it introduced in 1996, this year marks its 25th anniversary.
The alumni monitor, which is open up to all College of Chicago alumni, is operate out of 6 geographic locations, with alumni volunteering to provide as co-chairs to manage regional semi-finals events. Three of the locations are in North The united states, with the West Coastline, Midwest and East Coast serving as hubs. The other people are Asia-Pacific, Latin The usa and EMEA (Europe, Center East and Africa).
Of the 57 groups that utilized to be in this year’s ANVC, 28 were being picked to contend in the regional semi-finals, with entry to mentors and on the web methods from the Polsky Middle to enable them get ready. Seven of individuals 28 groups superior to the finals.
“One of the actually unique points about the ANVC is that it exemplifies the broad, world achieve of the University of Chicago and its small business faculty,” stated Dan Sachs, executive director of education and systems at the Polsky Heart. “It is a auto for building a worldwide community of entrepreneurs that aid each individual other in launching and increasing corporations.”
About the Polsky Center for Entrepreneurship and Innovation at the University of Chicago
The Polsky Middle for Entrepreneurship and Innovation applies globe-course business knowledge from the University of Chicago Booth College of Business to provide new suggestions and breakthrough innovations to market place. With a 60-particular person specialist team, the Polsky Middle drives the generation of new ventures and commercial partnerships at the College of Chicago and beyond. As a worldwide chief in entrepreneurship education and learning, the Polsky Center is dwelling of the Edward L. Kaplan, ’71, New Venture Challenge, a single of the top accelerator systems in the country. The Polsky Center delivers education for aspiring business owners and those searching for a job in non-public equity, venture cash, and entrepreneurship through acquisition. Find out much more at polsky.uchicago.edu and observe updates on Twitter @polskycenter.
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