New Venture Program

COVID-19 Update: In response to COVID-19, the University of Toronto is taking measures to protect its stakeholders while minimizing disruption to academics and co-op programs.

We are committed to delivering timely, high-impact services to our students and partners.  In the wake of the current institutional protocols we continue to offer the following support and services virtually, and by appointment:

The New Venture Program and any other entrepreneurship inquiries: Virtual mentorship is available by appointment please contact Professor Bill McConkey at

Industry and community partners interested in planning a Work Integrated Learning project for Summer 2020 or Fall 2020, can do so by reaching out to

Any faculty interested in accessing updates on current research projects, or exploring potential research projects through The BRIDGE please contact to discuss your project.

Thank you for your understanding and continued commitment to the learning and development of Management students.  We look forward to our next collaboration.


NVP connects your academics with experience. It is a rigorous program thatProfessor and student talking in front of large screen displays
involves the completion of several modules, culminating in a series of ‘defenses’ of your business plan.

For more information on the program, please contact Professor McConkey at

More information

Program Description

Learn what it means to be an entrepreneur and sharpen your skills for analyzing startup opportunities. Access hands-on resources and learn about others who have built rewarding careers as entrepreneurs. Experience best practices for running early stage companies and practice some of the skills needed to build a great business. NVP consists of the following modules:

  • Concepts of Entrepreneurship and Innovation
  • Developing the Product/Service Concept
  • Creating Your Product
  • Designing Your Service
  • Promoting the Products
  • Entrepreneurial Strategy
  • Financial Considerations for the New Venture
  • Serial Entrepreneurship and S-Curves
  • Writing Your Business Plan
  • Writing an Investor Memo

Admission Requirements

To be considered for admission to the NVP, applicants must have completed the following:

  • Course Work

    MGTA01 Introduction to Canadian Business AND MGTA02 Managing the Business Organization OR MGTA05 Foundations of Business Management

  • Letter of Purpose

    The letter of purpose discusses your motivations for joining the program and interest in entrepreneurship. It also details one or more ideas you have at the heart of a potential startup.

  • Interview

    Modeled after the business plan defenses that students will employ in the NVP, candidates for entry into the program will have the opportunity to ‘sell’ the admissions committee.