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.
Worcester Polytechnic Institute
Humanities and Arts
Major Qualifying Project