350 likes | 360 Views
This presentation discusses the impact of accelerator programs on early-stage entrepreneurs, including factors such as gender differences, measurement of impact, and support expectations. It also explores the effectiveness of different programs and the growth of accelerated ventures.
E N D
Impact of Entrepreneurship Database Sean Peters June 24, 2015
Agenda: • Why does this matter? • How was the research done? • What are we seeing so far? • Gender differences • Accelerated vs. non-accelerated • Impact measurement • Support expectations • What’s next?
Accelerator Program = 10 entrepreneurs
Accelerator Program = 10 entrepreneurs
6 mo 12 mo 18 mo 24 mo = 10 entrepreneurs
Do accelerator programs work? Do some programs work better than others? Does program or practice effectiveness depend on sector or locational context? Does program or practice effectiveness depend on entrepreneur/venture characteristics? Are investments in accelerator programs worth the time and money?
How do you identify early-stage entrepreneurs? How do you get data from them?
Accelerator Program = 10 entrepreneurs
Accelerator Program Accelerator Program Accelerator Program Consistent Application Questions = 10 entrepreneurs
6 mo 12 mo 18 mo 24 mo = 10 entrepreneurs
Getting to 50%+ Response Rate • Surveying Tips: • Minimize time commitment • No Mailchimp • Incentivize! • Primary inbox!
Accelerated vs Non-Accelerated Ventures Accelerated ventures are growing revenues at roughly twice the rate as those that applied but were not accepted. Accelerated ventures are attracting investment at a roughly 50% higher rate compared to those that applied but were not accepted.
Accelerated vs Non-Accelerated Ventures We are not seeing much when it comes to employment growth, or to debt or philanthropic investment. Comparatively more of the accelerated ventures seem to be leaning into the IRIS and especially B Lab frameworks.
2015 / 2016 Plans • Expanding out in 2015/2016 = more data! • Expanded partnership with ANDE, accelerator-level research • 2 PhD theses, many more to come • 4 whitepapers this year • Regional expansion over 2016 • Opening data in 2015 for academic and practitioner researchers
Engagement • Year-end summary is now live! bit.do/2014data • Mailing list: eepurl.com/JBjQb • Seeking additional accelerator partners for 2015/2016 • Seeking researchers who are interested in leveraging this data
bit.ly/ZHR17q Sean Peters srhpeters@gmail.com @sean_robert Thank You