Development of Entrepreneurial Service Platforms in Hangzhou

The purpose of our project is to improve our sponsor’s Entrepreneurial Service Platform and Hangzhou’s Entrepreneurial Service Platform. We conducted semi-structured interviews on ESP companies in Hangzhou and conducted some online research on ESPs around the world on what services they offer. Through our interviews, we have discovered that ESPs in Hangzhou are all focused on service. Some of the ESPs we interviewed have already successfully expanded internationally while others are taking their expansion within China very slowly. The expansion of an ESP can only done after they have a mature company structure that they can easily replicate and services they are proud to offer. While going global can be a goal, many steps or objectives need to be reached before it is possible to go global

Formula SAE Electric

The Formula SAE Competition is an international collegiate design competition where teams design and build formula-style race cars. The cars are evaluated by a technical inspection, design and cost judging, a business logic scenario, and a series of driving events ending in an endurance race. During the 2020-21 academic year, the WPI FSAE team made the transition away from the combustion competition to the electric formula competition. The vehicle had to be designed from the ground up to incorporate an accumulator, an electric motor, and other tractive systems. The frame is completely redesigned in order to package all of these new components along with a driver. The team is using a two year build cycle in which the vehicle will be finished by the 2021-22 MQP team