def METHOD_NAME(venv=VENV):
    """Creates the virtual environment and installs PIP only into the
    virtual environment
    """
    print 'Creating venv...',
    run_command(['virtualenv', '-q', '--no-site-packages', VENV])
    print 'done.'
    print 'Installing pip in virtualenv...',
    if not run_command([WITH_VENV, 'easy_install', 'pip']).strip():
        die("Failed to install pip.")
    print 'done.'
    print 'Installing distribute in virtualenv...'
    pip_install('distribute>=0.6.24')
    print 'done.'