With the second largest university population in the country and more affordable business costs than other East Coast cities, Philadelphia was recently ranked by Forbes as one of the top 10 rising places for startups. This comes as no surprise at Drexel —a pioneer in the study and practice of entrepreneurship, that established the Close School of Entrepreneurship in 2013 to encourage startup ventures across all disciplines. In addition, the Baiada Institute, a university incubator in the Close School that is home to at least 17 student startups, holds an annual competition that awards cash prizes and incubator space to burgeoning entrepreneurs. So what makes a startup successful?
