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Global New Venture Challenge


We are proud to announce that playence won the 2011 Global New Venture Challenge organized by the Polsky Center at the University of Chicago Booth School of Business, and received a $5,000 cash prize after emerging from among seven teams that presented before a panel of judges during the GNVC finals at Gleacher Center in Chicago (US) on March 17. The seven finalists were chosen from 20 teams that advanced to the semifinals from an original field of 50 teams.
"playence rose above the other teams because of the exciting, innovative technological service Arroyo conceptualized", said Robert Gertner, Joel F. Gemunder Professor of Strategy and Finance, who served as a judge during the finals.
"The business is really pretty far along," Gertner said. "It's got customers and it really has enormous potential. He's very dedicated to it, and people are really excited by the business."

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