Ivey Business Plan Competition Opens with $30,000 Prize Pool for Student Entrepreneurs

Applications are now open for the Ivey Business Plan Competition 2026. The prestigious event challenges student entrepreneurs from across North America. It offers a significant prize pool and invaluable networking opportunities.

The deadline for initial submissions is November 9, 2025. The competition is hosted by the Ivey Business School in Canada. It aims to connect innovative student ventures with potential investors.

Substantial Prizes and Elite Networking Opportunities

The total prize pool is set at Canadian $30,000. The first-place team will be awarded $20,000 to help launch their venture. Second and third-place finishers will also receive cash prizes.

Beyond funding, the competition provides critical experience. Participants create and defend a business plan before expert judges. This process simulates real-world investor pitches.

Networking is a key component of the event. Students connect with other rising entrepreneurs and established business leaders. These connections often lead to future mentorship and investment.

Rigorous Eligibility and Application Requirements

Eligibility is strict to ensure a fair and high-level contest. All team members must be enrolled as full-time students. This includes undergraduate, Master’s, and PhD program attendees.

A single team can have no more than six members. The presenting team must own at least 50% of the venture’s equity. Ventures based on licensed technology must submit their agreements for review.

The application process requires a detailed two-page executive summary. It must cover the company overview, product details, and market analysis. Financial projections and a management summary are also mandatory.

All submissions must follow strict formatting guidelines. These include 12-point font and specific margin settings. The intent-to-compete form must also be completed.

The Ivey Business Plan Competition 2026 represents a premier launchpad for the next generation of business leaders. This event provides the capital and connections needed to transform ideas into reality. Student teams are encouraged to apply before the November deadline.

Thought you’d like to know

Who is eligible for the Ivey Business Plan Competition?

All full-time undergraduate and graduate students can form teams. Each team can have a maximum of six members. The team must own at least 50% of the venture they are presenting.

What is the prize for winning the competition?

The total prize pool is Canadian $30,000. The first-place team receives a grand prize of $20,000. Additional cash prizes are awarded to the second and third-place finishers.

What is the application deadline?

The deadline for executive summary submissions is November 9, 2025. Teams must email their documents to the provided competition address. An intent-to-compete form is also required.

What types of ventures are not allowed?

The competition excludes expansions of existing companies and real estate syndications. Franchise-based outlets and tax shelters are also not permitted. Spin-outs from existing corporations are ineligible.

Can ventures use licensed technology?

Yes, ventures can use technology licensed from universities or labs. They must submit the licensing agreement for review. The agreement must show a unique utilization of the technology.