CHICAGO (CBS) — We now know who won the University of Chicago’s New Venture Challenge.
It’s a competition for budding entrepreneurs that CBS 2’s Jim Williams told you about earlier this week.READ MORE: 'John Doe' Who Accused Former Blackhawks Video Coach Brad Aldrich Of Sexual Abuse Identifies Himself As Kyle Beach
The grad students vie for money to start their businesses. This year’s winning teams got a record $1.5 in investments.READ MORE: Chicago Weather: Showers Coming Thursday
First place goes to Andes STR which helps people manage rental properties. Their prize: $660,000.
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The Polsky Center @UChicago is pleased to announce a record-breaking investment of $1.6M in the winners of the 2021 #ChicagoNVC, making it the largest in the nation for business school student #startup competitions.
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— Polsky Center at the University of Chicago (@polskycenter) June 4, 2021