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Pierre L. Morrissette Institute for Entrepreneurship

New Venture

The New Venture is an entrepreneurial, team-based Ivey Field Project (IFP) that takes students through the process of:

  • developing and refining an idea for a new venture
  • researching and analyzing the opportunity
  • writing a detailed and compelling Business Plan
  • creating and presenting a "Business Plan Pitch" to an external review panel or potential investors.

New Venture Students have the opportunity to apply their business knowledge to identify and develop a commercial enterprise with teams of skilled individuals. Their concept is then strenuously tested and refined through participation in entrepreneurial skill-building classes, high profile business plan competitions and coaching sessions with Ivey faculty and established Entrepreneurs-in-Residence. New Venture culminates with the submission of a written plan and a live 'pitch' to an external venture review panel. To read more about the New Venture experience, read our spotlight piece on Ivey News.

MBA teams taking the New Venture stream can also apply to the Western Accelerator at the end of the course, and continue working on launching their venture during their final semester for course credit.

For more information, please contact Tara Grzegorczyk.