Edward L. Kaplan New Venture Challenge

Run by Polsky Center.

The Polsky Center's Edward L. Kaplan New Venture Challenge is a yearlong, in-person launch programme in Chicago, running from an October kickoff through February selection, spring classes and coaching, to finals in late May or early June. Its first-place Rattan L. Khosa prize is $575,000; the investment structure and any equity terms are not published on the programme's own page.

Investment

US$575,000 (Above North America median $100k · Above global median $61.3k)

Equity taken

Not disclosed

Duration

34 weeks (Longer than North America median 13 wks · Longer than global median 20 wks)

Format

in person

Cadence

annual

Location

Chicago, United States

Sectors

• Generalist

How to apply

Official website

This programme has notes explaining its undisclosed figures, available in the full dataset.

Sources

Every figure above is taken from these pages, published by the programme or its parent organisation.

• https://polsky.uchicago.edu/programs-events/nvc/ read 2026-09-07 — supports cheque amount, cheque currency, cheque note, duration weeks, duration note, batch cadence, format, application url, contact email
• https://polsky.uchicago.edu/programs-events/new-venture-challenge/ read 2026-09-07 — supports duration note

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Last verified 2026-09-07.