(しんき)(じぎょう)

しんきじぎょう
noun
new business venture; new enterprise
businesswork
1. new business venture; new enterprise; new project
A newly launched business, project, or line of work within an existing company or as a startup. Common in corporate and business contexts.
新規(しんき)事業(じぎょう)()()げる
To launch a new business venture.
We plan to enter a new business venture starting next fiscal year.
The president decided to invest a large sum in developing a new business venture.

Usage

A standard business term frequently seen in corporate strategy, news articles, and job postings. Often contrasted with 既存(きそん)事業(じぎょう) (existing business).

Common collocations