The Rustandy Center for Social Sector Innovation at the University of Chicago Booth School of Business and the Polsky Center for Entrepreneurship and Innovation are pleased to announce the winners of the John Edwardson, ’72, Social New Venture Challenge (SNVC), the social impact track of the University of Chicago’s nationally ranked business launch program, the New Venture Challenge.
Winners of the 12th annual Edwardson SNVC, which launches enterprises with a social impact mission and a plan for financial sustainability, received a record-breaking total of $175,000 in venture funding.
“An all-time high 20 social ventures participated in the Edwardson SNVC this year, tackling issues of sustainability, education, career services, mental health and disability services,” says Rob Gertner, Joel F. Gemunder Professor of Strategy and Finance and John Edwardson Faculty Director Rustandy Center for Social Sector Innovation. “These UChicago student founders all share a commitment to strengthening their communities, and I’m proud that the Rustandy Center is integral to their impact journeys.”
This story was first publihsed by Chicago Booth.