As Canada's premier MBA business plan event, The IBK Capital - Ivey Business Plan Competition draws entrepreneurial teams from universities throughout North America and beyond. First held in 1999, the competition offers graduate students the opportunity to present innovative new ventures to potential investors. At the same time, investors have a chance to get a close-up look at up-and-coming entrepreneurs.

Organized by the Pierre L. Morrissette Institute for Entrepreneurship and MBA student volunteers, the competition is funded by private sponsorship with the winning team receiving $15,000. The competition also includes prizes for 2nd and 3rd placed teams.

The competition's title sponsor IBK Capital Corp., was founded by Bill White, MBA '69 and is currently lead by President and CEO Michael White, MBA '00.

How to apply

The 2018 IBK Capital – Ivey Business Plan Competition will use rules and guidelines for submissions set out by the Venture Labs Investment Competition (VLIC). For complete information on Eligibility Rules and Submission Requirements, please read the VLIC Official Rules and Submission Requirements.

Application Process:

Teams chosen for the competition will need to provide a completed business plan a week prior to the competition. For more details on the format, read ‘Business Plan Review’ under the VLIC Rules.

Important Dates & Deadlines:

Intent to Compete: October 27, 2017
Executive Summary: November 10, 2017 by 12.00pm
Business Plan: January 12, 2018
Competition Weekend: January 19-20, 2018

For more information, please contact Shanthal Perera at

The Ivey MBA team, Aunt Mary’s Beverage Company, won $15,000 at the 19th IBK Capital – Ivey Business Plan Competition from January 20-21 for its pitch for a powdered beverage that will counteract the bitter taste of cannabinoid oils, which are often used for medicinal purposes. The team included Ryan Bauer, Erik Lapointe, and Michael Palumbo, all MBA ’17.

Team Rhizofeed from the University of Pikeville won CAD$ 20,000 and first place at the 2016 IBK Capital - Ivey Business Plan Competition held on January 22-23, 2016. The 18th edition of Canada's premiere business plan competition was sponsored by IBK Capital Corp. and the Pierre L. Morrissette Institute for Entrepreneurship.

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Team KAir Battery from Ohio State University won first place and $20,000 at the 2015 IBK Capital – Ivey Business Plan Competition held at the Ivey Business School on January 23-24, 2015. At the 17th edition of Ivey’s annual graduate competition, KAir overcame a strong competition pool of 11 teams from seven universities from Canada, the United States and Thailand.

An underdog story: First Indian team at the IBK Capital – Ivey Business Plan Competition takes title

Team -zostel

The effort to raise money for flights, food and lodging to travel 12,000 kilometres for the 16th Annual IBK Capital – Ivey Business Plan Competition paid off in a big way for a team from Calcutta, India.

Representatives from Team Zostel from the Indian Institute of Management – Calcutta (IIM – Calcutta) went home $20,000 richer after winning the competition at Ivey Business School, which ran January 24-25. They’ll also go on to compete in the 2014 Global Venture Labs Investment Competition in Texas in May.


2013 - Picasolar, University of Arkansas

Learning Differentiated

2012 - Learning DifferentiatED, University of Arkansas

Char Technologies

2011 - CHAR Technologies, University of Waterloo

Shape Collage

2010 - Shape Collage, University of Toronto


2009 - Epitherapeutics, Queen's University

Romanov Caviar

2008 - Romanov Caviar, Queen's University

2007 - Divisio Technologies, Dalhousie University

2006 - Powershift, Western University - Ivey Business School

2005 - JARN, Simon Fraser University

2004 - Benchkeeper Software, Western University - Ivey Business School

2003 - SoftStitch, Western University - Ivey Business School

When you come to the IBK Capital – Ivey Business Plan Competition, you’ll have a chance to network with some of Canada’s most successful entrepreneurs. A large part of our success can be attributed to this elite group of experienced judges, many of who are successful serial entrepreneurs and mentors.

Our 2014 panel of judges included:

Albert Behr, President & CEO, Behr & Associates
Andrew Campbell, President (retired), ACAI Consulting
Howie Chan, HBA '12, Business Analyst, Tech Alliance
Dennis Ensing, Entrepreneur-in-Residence, Tech Alliance
Stephen Gunn, MBA '81, Co-founder, Chairman & CEO, Sleep Country Canada
Ian Haase, MBA '10, Vice President, Tech Alliance
Paul Hayman, HBA '81, Executive Entrepreneur-in-Residence, Ivey Business School
Daniel Kaute, President & CEO, Environmental Waste International
Sarah Landstreet, MBA '13, Owner, Georgette Packaging
Rajah Lehal, LLBMB '06, Lawyer, Cobalt Business Counsel
Justin Leushner, MBA '03, Entrepreneur-in-Residence, Tech Alliance
Jacoline Loewen, Director, Crosbie & Company Inc.
John Pollock, Director, BizInc
Kevin Ronson, Vice President of Finance and Operations,
John Rothschild, MBA '73, Chairman & CEO, Prime Restuarants Inc.
Colleen Sharen, MBA '93, Professor, Brescia University College
Steve Suske, MBA '77, President & CEO, Suske Capital Management
Deniz Temelli, MBA '12, Business Analyst, Tech Alliance
Miranda Werstiuk, Senior Vice-President, IBK Capital Corp.
Michael White, MBA '00, President & CEO, IBK Capital Corp.

The competition was supported by our title sponsor IBK Capital Corp., the Pierre L. Morrissette Institute for Entrepreneurship and the Ivey MBA Association.

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Logo Pierre Morrissette

Logo Mba Association