New Venture Program (NVP)

Professor McConkey speaking to a work-study student in the BRIDGE Lab

NVP connects your academics with experience. It is a rigorous program that involves the completion of several modules, culminating in a series of ‘defenses’ of your business plan.

NVP has the following goals:

  •  To give students a strong background in business planning and management so that they can create sophisticated conceptual analyses of business problems/opportunities
  •  To create outstanding experiential learning opportunities for students
  •  To enable deep and meaningful collaboration with faculty and other experts
  •  To provide the resources required to assist in the creation and defense of a business plan and prepare for the launch of a new venture

The NVP hosted by The BRIDGE is produced and administered by UTSC Management to provide students with Experience to Lead.

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.

For more information on the program, please contact Professor McConkey at bill.mcconkey@utoronto.ca