Every year at Ivey, the HBA and MBA classes have the opportunity to participate in the New Venture Project (NVP). The NVP is an entrepreneurial, team-based final project that takes students through the process of developing and launching a new venture from conceptualization to formation.
Prometheus Power Systems, a Richard Ivey School of Business New Venture Project by Matthew Busbridge, Sebastian Koper and Joseph Mocanu (Spring MBA 2009) placed first at the National Business & Technology Conference Entrepreneurship Competition this weekend at the MaRS Discovery District in Toronto.
This is the time of year when the marketing faculty as well as Ivey MBA and HBA students begin the SABRE simulation. SABRE is a computer-based business simulation that offers students the opportunity to work in teams on marketing strategies in competition with teams who are assigned to the same virtual industry.
Last week at Ivey, Desjardins Bank along with local entrepreneur and Ivey Professor Dave Simpson ran a Financing for Entrepreneurs event, hosted by the HBA Entrepreneurship Club. The event highlighted financing tips for young entrepreneurs and addressed how to go about acquiring loans for startup businesses.