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{{Institution|Image=NVC.jpg|Caption=NVC Logo|Name=New Venture Challenge|Type=University Accelerator |City=Chicago|URL=https://research.chicagobooth.edu/nvc/|Cohort Size=293|Percent Funded= 5.12%|Percent Acquired= 4.4%|Percent IPO= 0.68%|Number of Directors=3|Experienced Directors=3|Date Founded=1996}}Part of the [[Start-Up Guide (Issue Brief)]] Series ==About==<onlyinclude> Hi benThe New Venture Challenge is a Chicago, Illinois-based, non-profit university accelerator institution founded in 1996. It advertises two services, mentorship and education. NVC has four directors, three of whom have indirect entrepreneurship experience in the sector. Of the 293 startups which have enrolled in the NVC program, 15 have received venture capital funding. 13 companies which participated in the Station Houston program have been acquired and two have exited in an IPO.
</onlyinclude>
 
==Contact Information==
{| class="wikitable"
|-
|Website
|https://research.chicagobooth.edu/nvc/
|-
|Contact Page
|https://research.chicagobooth.edu/nvc/about-us/contact-us
|}
==Portfolio==
{| class="wikitable"
! style="text-align:left;"| Name
! VC?
! Acquired?
! IPO?
|}
{| class="wikitable collapsible collapsed"
|-
| Aquarius BioTechnologies Inc || Matinas BioPharma Holdings Inc || 2.722 2 || 1/0/00 || 2.722 || 1/30/15 || 1/30/15 || Drugs || Drugs || Completed || Bedminster || Bedminster
|}
 
==Directors==
{| class="wikitable"
! style="text-align:left;"| Name
! Bio
! Class
|-
|Steven Kaplan
|Faculty Director, Polsky Center for Entrepreneurship and Innovation
|D2
|-
|Ellen Rudnick
|Executive Director, Polsky Center for Entrepreneurship and Innovation
|D2
|-
|Rob Gertner
|Joel F. Gemunder Professor of Strategy and Finance, Chicago Booth
|None
|-
|Waverly Deutsch
|Clinical Professor of Entrepreneurship, Chicago Booth
|D2
|}
 
==Services Provided==
{| class="wikitable"
|Education
|-
|Mentoring
|}

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