you're reading...

Firms started by Chicago Booth students received $85 million in funding this year

You read that right.

In a press release issued by the University of Chicago Booth School of Business, the school reports that 11 firms raise a combined $85 million in venture capital this year, from firms such as Accel Partners, Sequioa Capital, Benchmark Capital, and Groupon’s venture arm, Lightbank.

The new companies range in industry from: financial services (Braintree, EduLenderFeeFighters), online education and test prep (BenchPrep); to mobile apps (Bump Technologies); to helping consumers make wiser decisions about their utilities (Power2Switch); to breast cancer diagnostics (Quantitative Insights).

Those Booth kids are smart. And entrepreneurship is certainly on the rise there.

Says the faculty director of Chicago Booth’s Polsky Center for Entrepreneurship:

“Entrepreneurship is one of the most popular concentrations for our M.B.A. students. Even students who don’t plan to start a business when they graduate say they benefit from the skills taught in our entrepreneurship courses.”



No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

launchsoup tweets

Error: Twitter did not respond. Please wait a few minutes and refresh this page.

%d bloggers like this: