Rosita Longevity Wins University of Chicago’s Alumni New Enterprise Obstacle and $50,000 to Develop Healthier Lifestyle Application for Seniors

CHICAGO–(Enterprise WIRE)–The Polsky Center for Entrepreneurship and Innovation is happy to announce the winners of the 2021 Alumni New Enterprise Obstacle (ANVC), a system focused to supporting College of Chicago alumni throughout the world in launching and developing their startup ventures.

Seven teams offered their small business ideas to a panel of judges through a virtual finals celebration Thursday, Might 6, for a probability at a $100,000 expenditure pool.

Initial area, 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 cell application that promotes healthier life-style behavior for seniors, with the purpose of escalating nutritious lifestyle expectancy by 5 decades.

Two teams that tied for 2nd spot each and every will receive $25,000.

Gravitrek, centered in Arizona and cofounded by Booth alum Kira Burns, MBA ’07, makes a walker-sort machine that simulates a lowered-gravity surroundings to assistance men and women with actual physical disabilities be extra cellular.

Project Hive Pet Company, based in Minneapolis and cofounded by Melissa Rappaport Schiffman, MBA ’94 MA ‘94, is a mission-pushed manufacturer of high quality pet toys and treats that gives a share of proceeds to organizations that restore bee and butterfly habitats.

“The camaraderie and assistance that groups confirmed a person a different was inspiring,” said Gorana Kolar, senior affiliate director at the Polsky Center. “And inspite of all the worries of launching a organization all through a pandemic, the teams created huge development and have so significantly to be very pleased of.”

The ANVC, now in its third yr, is one of five tracks of the New Venture Obstacle, a top rated-ranked university accelerator at the Booth College of Business enterprise that has aided launch virtually 400 businesses that are however active nowadays. The NVC, a revolutionary software when it introduced in 1996, this yr marks its 25th anniversary.

The alumni observe, which is open up to all University of Chicago alumni, is operate out of six geographic locations, with alumni volunteering to provide as co-chairs to organize regional semi-finals situations. Three of the areas are in North The us, with the West Coast, Midwest and East Coast serving as hubs. The many others are Asia-Pacific, Latin The us and EMEA (Europe, Center East and Africa).

Of the 57 groups that utilized to be in this year’s ANVC, 28 had been picked to compete in the regional semi-finals, with entry to mentors and on line methods from the Polsky Center to assistance them put together. Seven of individuals 28 groups superior to the finals.

“One of the truly specific items about the ANVC is that it exemplifies the broad, world wide attain of the University of Chicago and its small business university,” explained Dan Sachs, executive director of education and learning and packages at the Polsky Middle. “It is a motor vehicle for creating a world wide community of entrepreneurs that assist every other in launching and rising firms.”

About the Polsky Center for Entrepreneurship and Innovation at the University of Chicago

The Polsky Center for Entrepreneurship and Innovation applies entire world-course business expertise from the University of Chicago Booth Faculty of Business to deliver new ideas and breakthrough innovations to sector. With a 60-particular person qualified staff, the Polsky Heart drives the generation of new ventures and professional partnerships at the College of Chicago and past. As a world-wide leader in entrepreneurship training, the Polsky Centre is property of the Edward L. Kaplan, ’71, New Venture Obstacle, a person of the top accelerator plans in the nation. The Polsky Heart provides schooling for aspiring entrepreneurs and these in search of a career in personal equity, undertaking money, and entrepreneurship by acquisition. Master extra at and follow updates on Twitter @polskycenter.

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