New Venture Program

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The New Venture Program (NVP) connects academics with experience. It is a rigorous program that involves mentorship, the completion of several training modules, and the creation of a comprehensive business plan and go-to-market strategy.

Program Description

The NVP is accessible to all entrepreneurs across U of T and helps them sharpen their skills and learn how to see their startup get off the ground and thrive. Through access to hands-on resources and guidance from others who have built rewarding careers as entrepreneurs, students master best practices for developing and launching new companies, and practice the skills needed to build a great business. The New Venture Program includes the following training modules:

•  Self-Assessment

•  Value Creation and Exchange

•  Validation Through Research

•  Product and Service Design

•  Supply Analysis

•  Financial Considerations for the New Venture

•  Writing Your Business Plan

•  Pitching Your Business

The New Venture Program (NVP) connects your academics with experience. It is a rigorous program that involves the completion of several modules, culminating in a series of ‘defences’ of your business plan.

Admission Requirements

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

Course Work 

  • MGTA01 Introduction to Canadian Business
  • 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.


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

How to Apply

For information on how to apply to program, please email our team. 

Mentorship and Consultations

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Contact the Academic Director to request mentorship and to learn more about the New Venture and Innovation Programs.