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Global New Venture Challenge
Also known as: GNVC
University of Chicago · Chicago, Illinois
Quick fit check
- Currently active
- Verified by research
Key numbers
Funding range
—
Equity
Varies by investment
Application
Annual
Institution Wide
Last activity
2026-07-13
High confidence
Known startups and winners
Competition winners and notable student ventures from our research.
Morton Labs
$150,000
prize won
University of Chicago
Computational science for fusion energy; $150,000 first place at the 2026 Global New Venture Challenge (UChicago).
Phinorm
$185,000
prize won
University of Chicago
Drone classification for defense; $185,000 first place at the 2026 Global New Venture Challenge (UChicago).
Global New Venture Challenge
Executive MBA track of the NVC, now in its 19th year. The GNVC is for Booth Executive MBA students across three global campuses — Chicago, Hong Kong, and London — with 7 finalists in 2026.
Key Details
- 19th annual in 2026
- Record $435K awarded in 2026
- $185K first place (Phinorm)
- SAFE investment model
- For Booth Executive MBA students
- Campuses: Chicago, Hong Kong, London
- Debut in 2008
- 7 finalists in 2026
Notable Winners / Outcomes
- Phinorm ($185K first place, 2026)
News & articles
News articles and official sources documenting Global New Venture Challenge at University of Chicago.
1 source
