Kellogg | Mr. Concrete Angel
GRE 318, GPA 3.33
Harvard | Mr. Finance
GMAT 750, GPA 3.0
Harvard | Mr. Military Quant
GMAT 730, GPA 3.6
Harvard | Ms. Quadrilingual Amazon
GMAT 710, GPA 3.9
Harvard | Mr. Healthcare PE
GRE 340, GPA 3.5
INSEAD | Mr. Product Manager
GMAT 740, GPA 63%
Harvard | Ms. Female Sales Leader
GMAT 740 (target), GPA 3.45
Harvard | Mr. Renewables Athlete
GMAT 710 (1st take), GPA 3.63
Kellogg | Ms. Big4 M&A
GMAT 740, GPA 3.7
Harvard | Mr. Defense Engineer
GMAT 730, GPA 3.6
Wharton | Mr. Future Non-Profit
GMAT 720, GPA 8/10
Duke Fuqua | Mr. Army Aviator
GRE 314, GPA 3.8
Harvard | Ms. Gay Techie
GRE 332, GPA 3.88
INSEAD | Mr. INSEAD Aspirant
GRE 322, GPA 3.5
Chicago Booth | Ms. Indian Banker
GMAT 740, GPA 9.18/10
MIT Sloan | Ms. Rocket Engineer
GMAT 710, GPA 3.9
Stanford GSB | Mr. Army Engineer
GRE 326, GPA 3.89
Duke Fuqua | Mr. Salesman
GMAT 700, GPA 3.0
Tuck | Mr. Liberal Arts Military
GMAT 680, GPA 2.9
Columbia | Mr. Energy Italian
GMAT 700, GPA 3.5
Duke Fuqua | Mr. Quality Assurance
GMAT 770, GPA 3.6
Harvard | Mr. African Energy
GMAT 750, GPA 3.4
NYU Stern | Ms. Luxury Retail
GMAT 730, GPA 2.5
Stanford GSB | Ms. Russland Native
GMAT 700, GPA 3.5
Harvard | Mr. Aerospace Engineer
GRE 327, GPA 3.92
N U Singapore | Mr. Naval Officer
GMAT 710, GPA 3.2
UCLA Anderson | Mr. Microsoft India
GMAT 780, GPA 7.14

Booth Startups Raised $85 Million

Eleven companies started by students at the University of Chicago Booth School of Business received more than $85 million in venture capital funding during the past year, the school announced today (June 12).

“Entrepreneurship is thriving at Chicago Booth,” said Steven Kaplan, faculty director of Chicago Booth’s Polsky Center for Entrepreneurship, in a statement.

Since the start of the school’s Edward L. Kaplan, ’71, New Venture Challenge in 1996, 65 companies have raised over $180 million in funding and have created nearly 1,000 jobs, said Kaplan. In addition to the venture capital raised by firms, Booth has awarded $750,000 to businesses that got their start in the school’s business plan competition.

One of the recent new business success stories from Booth is Braintree, a company that helps businesses process credit card payments.   The firm received $34 million in funding from Accel Partners last month. Braintree won the 2007 New Venture Challenge and was founded by Bryan Johnson, a 2007 Booth graduate.

Other companies started at Booth that received funding during the past year include GrubHub, an online resource for finding and ordering restaurant food for delivery, and Bump Technologies, developer of the Bump app for smartphones.  GrubHub, whose funding came from Benchmark Capital and other sources, tied for first place in the 2006 New Venture Challenge while Bump, funded by Sequoia Capital, Andreessen Horowitz and others, tied for first in 2009. BenchPrep, the 2010 winner, received funding this year from Lightbank, the firm that helped Groupon get started.

The remaining seven companies that received funding this year are EduLender, FeeFighters, Future Simple, InContext Solutions, Quantitative Insights, Power2Switch and TurboBOTZ.

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

Booth offers 25 entrepreneurship and related courses, which incorporate finance, economics, and strategy.  Several of these courses also provide hands on learning opportunities for the students.  Courses include entrepreneurial finance and private equity, new venture strategy, entrepreneurial selling, and developing new products and services.



About The Author

John A. Byrne is the founder and editor-in-chief of C-Change Media, publishers of Poets&Quants and four other higher education websites. He has authored or co-authored more than ten books, including two New York Times bestsellers. John is the former executive editor of Businessweek, editor-in-chief of Businessweek. com, editor-in-chief of Fast Company, and the creator of the first regularly published rankings of business schools. As the co-founder of CentreCourt MBA Festivals, he hopes to meet you at the next MBA event in-person or online.