This project analyzed Massachusetts Biomedical Initiatives' (MBI) current operations against their Strategic Vision and provided suggestions for improvement in various aspects for their future strategic plan. A survey with questions regarding MBI's services offered and facilities was administered to MBI's past, present, and prospective tenants. In addition, a linear programming model was created to optimize space allocation for new facilities. Based on the tenant responses and model, the team was able to recommend changes in the aforementioned focus areas of MBI's operations. The results came directly from MBI's tenant companies; therefore, these recommendations should improve both the experience of future tenants and the overall operation of MBI as an incubator if put into practice.

• 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.

Creator

• Sousa, Kayla Ashley
• Arnold, David Lee
• Roffo, Gina Anne
• Lettiere, Amanda Leigh

Contributors

• O'Sullivan, Kevin

Publisher

• Worcester Polytechnic Institute

Identifier

• E-project-042511-171114

Advisor

• Hoy, Francis
• Schaufeld, Jerome

Year

• 2011

Sponsor

• Massachusetts Biomedical Initiatives

Date created

• 2011-04-25

Resource type

• Major Qualifying Project

Major

• Management Engineering
• Industrial Engineering

Rights statement

• In Copyright

Last modified

• 2023-09-27