The IfM is part of a UK consortium behind a new online service to help start-ups and small businesses improve their chance of success. Venture Navigator is a free-to-use website which gives an impartial assessment of a business and provides tailored feedback and information. The IfM is one of a number of academic institutions involved in the project, which has been funded by the Government Higher Education Innovation Fund.

Doug Richard, Chairman of Library House, whose company has been responsible for developing the VentureNavigator site, commented "This is an invaluable service because it doesn't focus on a simple or narrow interpretation of what a business needs to succeed. It's able to examine and assist with a broad range of requirements including managerial, financial, cultural and administrative factors, all of which a business needs to develop, grow and ultimately thrive."