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White Paper: Survival Guide for Disadvantaged Startups in the Game of ThronesSynopsis for The Game of Thrones Case Studies

Closure and Birth Rates for Disadvantaged Startups

The waste lands result in a higher death rate among startups and a less favorable position for crowdsourcing financial support. This hypothesis is well supported by 100's of statistics and publications since the 1980's. (see chart for crowdsourcing on previous page and the figure below)

Traditionally, funding institutions have thrown money to "researcher" academics and "practitioner" organizations in hope of accelerating the startup birth rate. However, for at least three decades, we continue to not be able to accelerate the birth (or rate) of successful business startup amidst the disadvantaged. For instance, a current and popular approach to reduce closure rates and increase birth rates is combining curriculums, education, and workforce employment into partnerships and apprenticeships. Of course, this is a new spin with new wording on an old model of financer-researcher-practitioner-supplier. Similarly, the problem with business startup throughput continues with startup birth and death rates being roughly unchanged since the 1990s among minorities and the disadvantaged as well as lacking efficient business support.

STEM statistics for Disadvantaged Startups

In conjunction, only 4.3 % of Black or African American businesses have employees suggesting job creation and business substainability is dismal among disadvantaged or minority businesses. Even within our smartest and brightest, there is only a small percentage of approximately 4.4 percent that pursue STEM businesses. (Figure 1.3) Although these percentages are demonstrating varied statistics for all minorities, they are the closest statistics representing disadvantaged places or waste lands.

In the waste lands, traditionally, business startup and ownership and substainability is next to impossible on so many levels. The finance is not there. The STEM educational foundation may not be there. The mentorship and guidance is limited or not there. The correct business infrastructure is not there or available. The confidences, workflows, mindsets, commitments, and economics are not harmonious. In the waste lands, the business attrition rate is roughly equal to the birth rate within every industry, the highest in the nation for decades.

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