Since April is Worcester's Innovation Month, I hope there are readers who have ideas for new businesses. And when entrepreneurs' minds turn towards business ideas, their next question is: How can I raise the money to get my idea off the ground? This topic is of more than academic interest to me. Last week, a Babson student asked me to help him answer this question for his startup, which wants to build an app for connecting employers and workers in a labor-intensive industry that I will not name to protect his idea. And what I have found is that there is no simple answer to his question.
