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EIP Timetable

Entrepreneurship Indicators Project Partnerships, Sponsors and Budget Tim Davis, OECD Statistics Directorate EISG Meeting, Rome, December 5/6, 2006. Financial support: Kauffman Int’l Consortium OECD. Will seek Financial support from: Countries, OECD and Other Sources. Financial support:

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EIP Timetable

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  1. Entrepreneurship Indicators Project Partnerships, Sponsors and BudgetTim Davis, OECD Statistics DirectorateEISG Meeting, Rome, December 5/6, 2006

  2. Financial support: Kauffman Int’l Consortium OECD Will seek Financial support from: Countries, OECD and Other Sources Financial support: Kauffman Int’l Consortium OECD + Seeking Others EIP Timetable 2005 2006 2007 2008 and beyond Phase 1 Feasibility Study/ Action Plan Phase 2 Measurement Manual and Framework Governance Structure Pilot Surveys Indicators Research Conf. Phase 3 Extend Country Participants Ongoing Surveys / Outputs Research Network/Conferences

  3. Overview of funding to date Phase I: Scoping Study • Kauffman Foundation sponsorship of Scoping Study and Action Plan • International Consortium sponsored review of firm start-up data • OECD provided bridge financing and supported new Business Demography work

  4. Funding Status Phase II: Program Development • Two-year funding by Kauffman Foundation • ‘Special Project’ funding by International Consortium • OECD contributing data and infrastructure inputs • Additional sponsors still required • Shortfall of ~€200,000 over 2 years • Kauffman funding to end in late 2008 • Sponsors seeking longer-term OECD and country commitments

  5. Background Consideration • Project needs seed financing like a small business • Needs expansion funding like a HG SME • Then an IPO where countries buy the shares • Initial investors are rewarded, but not with a capital gain • Ongoing net revenue stream is always negative • No significant revenues foreseen • Propose to sell the program, not the data

  6. Long term goal • Established program in OECD work program • OECD has fixed or declining budget • Reallocation very difficult • Sponsorship funding required for “Headquarters” staff • OECD to coordinate and ensure international compilations, analysis, dissemination. • Countries required to fund data collection and inputs

  7. Why consider longer term funding now? • Sponsors already convinced of long-term need • Willingness to invest based on ongoing returns • One-off data compilations not desirable • To date, funding from major sponsors has been contingent on ongoing program

  8. EIP Budget to End of Phase II December 31, 2008

  9. EIP Budget to End of Phase II December 31, 2008

  10. EIP Budget to End of Phase II December 31, 2008

  11. Seeking Sponsorship Potential sponsors? • OECD member countries • Seek additional voluntary financial contributions? • Contributions of personnel? • Corporations and Foundations? • International organisations and “governments”?

  12. EIP “Flyer” • Explain program • Why is outside funding required • Benefits to sponsors • Contribution amounts

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