Connectivity-based Regional Development
Chapter 5: How did the Gateway City transform its entrepreneurship? A case study of St. Louis
This chapter, first, examines recipients of the Arch Grants, a regionwide business plan competition started in St. Louis in 2012. While these are all winners of the competition, many of them report that they made major modifications in business plans after winning the competition. Moreover, the ideas to modify business plans came from interactions with other peer entrepreneurs by exchanging information and providing feedback to each other. Different from startup companies, Inc. companies are established companies with at least $2 million annual revenue. However, interviews from those companies also demonstrate that entrepreneurs face major changes in business, often hinted at by their mentors. In addition, many companies started small and grew incrementally, not through external investment from venture capitalists.
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.