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From GrubHub to Braintree, a look back at the Polsky Center’s legacy of supporting startups Startups weren’t so sexy 25 years ago. It was pre-Google, pre-dot-com bubble, pre-unicorn. The University of Chicago’s business school, renowned for finance, didn’t offer an entrepreneurship concentration. Steven Kaplan, a newly tenured professor in 1996, had just started teaching a class in entrepreneurial finance when a student, Jeff Meyers, MBA’97, popped his head into his office and suggested they hold a business plan competition. Kaplan told him to go ahead and organize it. “I knew nothing about startups. Zero,” Kaplan recalled. Kaplan rustled up a few judges and $25,000 in prize money, and the New Venture Challenge was born.

University of chicagoUnited statesHong kongUniversity of illinoisCity ofUnited kingdomEdwardl kaplanSteve kaplanWaverly deutschMary dillonGrubhub maloneyGrubhub matt maloneyEllen rudnickJohn edwardsonJeff meyersMark tebbe