Guides · By Victor Hardt · Updated · 4 min read
How to do startups at UChicago
Build something people use. The clubs give you exposure and the people, and then you still have to make something and get students to use it.
I've been in Edge, ILC and LTF, where I'm a general partner, and in the OakNorth young entrepreneurs program. Below is what I would keep, then what I would cut.
Week one, what is worth doing
Go to a Polsky event early in the year. It takes an afternoon, and meeting the other people who care about startups is most of the point. Mine was an internship event. This year the College New Venture Challenge kickoff is on October 7.
After that, look at the startup clubs. I joined Edge, ILC and LTF (I'm a general partner at LTF), and I was part of OakNorth's young entrepreneurs program. Each one was worth something. They get you started, and the building still has to come from you.
What the clubs give you
Clubs give you exposure and people. You hear founders talk, meet other students who are trying, and maybe do a hackathon. In first year that is useful.
LTF is the one I would pick first. I'm a general partner at LTF, so I am not neutral about it. It works differently from the other clubs. You are on the investing side, giving out equity-free grants, and startups pitch to you directly. You judge the idea in front of you, and after a year of that your judgement gets sharper. Its FAQ says it takes only a few associates a year.
Through LTF, where I'm a general partner, I have reviewed and funded student startups, and the grants are equity-free. If you are building something here and want someone to look at it, LTF has written up how its funding process works, from the first coffee chat to the board pitch.
I won't rank the other clubs against each other. Different clubs suit different people.
2-for-1 12 oz açaí bowls at Deep Purpl (from October 8) and 2-for-1 subs at Subway 53rd Street, plus deals at 12 more Hyde Park restaurants (one from September 29, one from September 30, four from October 1 and one from October 8). Free for verified UChicago students, live Monday, September 28.
Get PoolThe part that makes you a founder
None of the above makes you a founder. For that you have to make something exist.
Do your own project. Find something missing, build it, and get students to use it. If people keep using it, you are on to something.
(P)rind, a 2025 CNVC finalist, started as small batches of snacks handed to friends who wanted more. That is a good model for a first project.
What surprised me
Almost everything good happened by chance, through people. The startup scene here is small enough that a year of showing up puts you inside it.
What you can control is being visible. When people can see you building, they start coming to you. Find a mentor if you can. Most of what a mentor does is introduce you to people, and those introductions are how things move here.
What I would skip
I would join fewer clubs, probably one, and put the rest of my time into the project.
I would also be much more public about building. Very few students knew I was the person behind Pool, so I had no connection to most of them. Keeping quiet felt modest at the time, and it slowed me down.
A small community
The startup community here is small. The good part is that the people who are building are easy to find, and once you know a few of them you tend to meet the rest.
If you want a project to join
If you would rather work on an existing student project than start your own, Pool is one. It is a food deals app for Hyde Park, built by a student. This quarter that means 2-for-1 12 oz açaí bowls at Deep Purpl (from October 8) and 2-for-1 subs at Subway 53rd Street, plus deals at 12 more Hyde Park restaurants (one from September 29, one from September 30, four from October 1 and one from October 8), live from Monday, September 28.
On Pool this quarter. The app is free right now.
- 2-for-1 12 oz açaí bowls at Deep Purpl
- 2-for-1 subs at Subway 53rd Street
- 2-for-1 half chicken plates at Nando's PERi-PERi
- 2-for-1 Philly sandwiches at B'Gabs Comfort Cafe
- 2-for-1 jerk or honey wings at Ja' Grill
- 2-for-1 Wagyu Steak Frites at Chemistry
- 2-for-1 wraps, salads and bowls at Litehouse Whole Food Grill
- 2-for-1 chicken shawarma wraps at Cedars
- a free refresher with any treat at StruggleBeard Bakery
- a free third taco or a free drink with a Taco Dinner at 5 Rabanitos
- 2-for-1 Indian combo meals at Rajun Cajun
- 2-for-1 chicken and waffle bites at Dawn A.M. Eatery
- 2-for-1 lattes at Sweet Drip
- 2-for-1 sushi, pizza and more at The Sit Down Café & Sushi Bar
Live Monday, September 28. StruggleBeard Bakery starts Tuesday, September 29. B'Gabs Comfort Cafe starts Wednesday, September 30. Rajun Cajun, Dawn A.M. Eatery, Sweet Drip and The Sit Down Café & Sushi Bar start Thursday, October 1. Deep Purpl and Nando's PERi-PERi start Thursday, October 8.
Questions people ask
- How do you start a startup at UChicago?
- Go to a Polsky event early in the year to meet people, join one or two startup clubs for exposure, and then build something and get students to use it.
- Which startup clubs should you join at UChicago?
- I joined Edge, ILC and LTF. Most clubs give you exposure and a network, and that helps in first year. LTF is different because you work on the investing side, giving out equity-free grants and hearing startups pitch. Its FAQ says it takes only a few associates a year. I'm a general partner at LTF, so I'm not neutral.
- Do you need a startup idea before joining these clubs?
- No. The clubs are where you meet people and see how startups work, and the published CNVC materials don't require an existing company either. Eventually you need something real that people use.
- Is UChicago good for startups?
- The startup community here is small. The upside is that the people who are building are easy to find, and a year of showing up puts you among them.