When 2010 Norwalk High School graduate Haley Beckett returns from China, she may be able to offer people struggling financially to start a business pointers on other potential financial routes.
Also as a result of a program in which she's participating, Beckett hopes to "promote a deeper mutual understanding between the United States and China."
Beckett has been awarded a Fulbright U.S. Student Program grant to China in Economics. She is one of 1,800 U.S. citizens who will travel abroad for the 2014-2015 academic year through the Fulbright U.S. Student Program. Fulbright grant recipients are selected on the basis of academic and professional achievement, as well as demonstrated leadership potential.
Beckett said the program allowed her to come up with a research project and provide details about her proposed researched and its feasibility. Her project concerns "Chinese entrepreneurs and access to financial capital."
"I hope to collect qualitative data about how entrepreneurs or private start-ups funded their business enterprises," Beckett said via email from China. "Starting a business is tough anywhere in the world, and China has a unique political and social climate that has distinct effects on private entrepreneurs.
"It's notoriously difficult to get a loan to start a business in China, so my research explores alternative methods of financing those enterprises and hopes to fit them into existing economic understandings of entrepreneurship and microeconomic behavior."
Read full story in Thursday's Norwalk Reflector.