Rosita Longevity Wins College of Chicago’s Alumni New Venture Problem and $50,000 to Increase Balanced Way of life Application for Seniors

CHICAGO–(Business enterprise WIRE)–The Polsky Center for Entrepreneurship and Innovation is happy to announce the winners of the 2021 Alumni New Enterprise Obstacle (ANVC), a software committed to supporting University of Chicago alumni throughout the world in launching and building their startup ventures. Seven teams offered their business enterprise programs to […]

CHICAGO–(Business enterprise WIRE)–The Polsky Center for Entrepreneurship and Innovation is happy to announce the winners of the 2021 Alumni New Enterprise Obstacle (ANVC), a software committed to supporting University of Chicago alumni throughout the world in launching and building their startup ventures.

Seven teams offered their business enterprise programs to a panel of judges in the course of a virtual finals function Thursday, Could 6, for a possibility at a $100,000 financial commitment pool.

First put, and $50,000, was awarded to Rosita Longevity, centered in Valencia, Spain. Cofounded by Chicago Booth alumni Juan Cartagena, MBA ’12, and Clara Fernandez, MBA ’19, Rosita Longevity is a mobile app that promotes nutritious life-style habits for seniors, with the purpose of escalating healthier daily life expectancy by 5 a long time.

Two groups that tied for next place each will obtain $25,000.

Gravitrek, primarily based in Arizona and cofounded by Booth alum Kira Burns, MBA ’07, helps make a walker-style device that simulates a lowered-gravity atmosphere to support folks with actual physical disabilities be a lot more mobile.

Job Hive Pet Corporation, centered in Minneapolis and cofounded by Melissa Rappaport Schiffman, MBA ’94 MA ‘94, is a mission-pushed manufacturer of high quality dog toys and treats that gives a share of proceeds to businesses that restore bee and butterfly habitats.

“The camaraderie and aid that teams confirmed a person another was inspiring,” mentioned Gorana Kolar, senior affiliate director at the Polsky Heart. “And in spite of all the worries of launching a business enterprise throughout a pandemic, the teams designed great development and have so much to be proud of.”

The ANVC, now in its 3rd year, is one particular of 5 tracks of the New Enterprise Problem, a prime-ranked university accelerator at the Booth School of Company that has served start nearly 400 firms that are continue to energetic nowadays. The NVC, a pioneering method when it launched in 1996, this yr marks its 25th anniversary.

The alumni observe, which is open to all University of Chicago alumni, is operate out of six geographic regions, with alumni volunteering to serve as co-chairs to arrange regional semi-finals activities. 3 of the regions are in North The us, with the West Coast, Midwest and East Coast serving as hubs. The other folks are Asia-Pacific, Latin The usa and EMEA (Europe, Center East and Africa).

Of the 57 groups that applied to be in this year’s ANVC, 28 ended up chosen to contend in the regional semi-finals, with accessibility to mentors and on the web means from the Polsky Centre to help them get ready. 7 of these 28 groups advanced to the finals.

“One of the actually unique factors about the ANVC is that it exemplifies the broad, world-wide arrive at of the College of Chicago and its organization college,” said Dan Sachs, government director of education and courses at the Polsky Center. “It is a auto for setting up a world wide network of entrepreneurs that assistance every single other in launching and rising businesses.”

About the Polsky Centre for Entrepreneurship and Innovation at the College of Chicago

The Polsky Heart for Entrepreneurship and Innovation applies world-class enterprise abilities from the University of Chicago Booth School of Company to bring new concepts and breakthrough improvements to market place. With a 60-particular person qualified workers, the Polsky Center drives the generation of new ventures and industrial partnerships at the University of Chicago and outside of. As a global chief in entrepreneurship education, the Polsky Centre is dwelling of the Edward L. Kaplan, ’71, New Venture Challenge, one of the best accelerator systems in the nation. The Polsky Middle offers coaching for aspiring entrepreneurs and all those seeking a career in personal equity, venture capital, and entrepreneurship by way of acquisition. Study a lot more at polsky.uchicago.edu and abide by updates on Twitter @polskycenter.

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