Period, Venture of Michelle Mbekeani, ’14, Earns First Place in the 2023 John Edwardson, MBA’72, Social New Venture Challenge
Chicago Booth Announces Winner of the 2023 John Edwardson, ’72, Social New Venture Challenge
The Rustandy Center for Social Sector Innovation at the University of Chicago Booth School of Business and the Polsky Center for Entrepreneurship and Innovation are pleased to announce the winners of the John Edwardson, ’72, Social New Venture Challenge (SNVC), the social impact track of the University of Chicago’s nationally ranked business launch program, the New Venture Challenge.
Winners of the 13th annual Edwardson SNVC, which launches enterprises with a social impact mission received a total of $150,000 in venture funding.
Period, a subscription based digital platform that gives incarcerated people access to free legal assistance and advocacy for innocence and post-conviction relief, won the top prize of $75,000. An innocent person currently spends an average of 14 years in prison before being exonerated. Period’s first of its kind digital communications platform replaces the existing system that relies on physical mail, offering quicker resolutions for incarcerated individuals and an efficient resource for legal practitioners.
Read more at The Rustandy Center for Social Sector Innovation at the University of Chicago Booth School of Business