Improving Connections Among Entrepreneurial Support Programs to Increase the Impact of Start-ups

Joshi, Priyanka; Coughlin, Emily; Puchovsky, Gabrielle; Layne, Lyra

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Improving Connections Among Entrepreneurial Support Programs to Increase the Impact of Start-ups

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The failure rate for start-ups is high, and programs to support new entrepreneurs do not work in unison, making it difficult for entrepreneurs to leverage the benefits of the resources available. Our goal was to create recommendations on how to facilitate connections among entrepreneurial resources to create more impactful start-ups. By gaining the perspectives of stakeholders through interviews and a virtual seminar, we found that value creation and transferable skills are key to the longevity of a business; entrepreneurs do not utilize many available resources; biases create a lack of gender inclusivity in entrepreneurship, and the perception of failure varies culturally. Finally, we developed specific recommendations for each stakeholder group and Lagertha, our sponsoring organization.

This report represents the work of one or more WPI undergraduate students submitted to the faculty as evidence of completion of a degree requirement. WPI routinely publishes these reports on its website without editorial or peer review.

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