Welsh is the Hayes Distinguished Professor at the University of North Carolina at Greensboro.
She is known for her work in establishing new programs in training entrepreneurs and developing university curricula on entrepreneurship.
[8] In 2019 she received the North Carolina Board of Governor award for excellence in teaching,[9] and the Barbara Hollander award for Lifetime Achievement from the Family Firm Institute in 2019.
[10] Welsh received the Legacy Award for Lifetime achievement from the Global Consortium of Entrepreneurship Centers in 2020.
[11] She won the Outstanding Contributions to Advancing Innovation and Entrepreneurship Award from the Deshpande Foundation in 2021.