CHICAGO (CBS) – Now we know who won the University of Chicago New Venture Challenge.
It's a competition for budding entrepreneurs that Jim Williams from CBS 2 told you about earlier this week.
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Graduate students compete for money to start their businesses. This year's winning teams had a record $ 1.5 in investments.
The first place goes to Andes STR which helps people to manage rental properties. His prize: $ 660,000.
The Polsky Center @UChicago is pleased to announce a record $ 1.6 million investment in the winners of #ChicagoNVC 2021, making it the nation's largest for business school student start-up competitions.
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– University of Chicago Polsky Center (@polskycenter) June 4, 2021
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