1. Impact of Entrepreneurship Database Sean Peters June 24, 2015

2. 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? Agenda:

3. Why does this matter?

4. Problem 1 – Do accelerators work?

6. = 10 entrepreneurs Accelerator Program

7. = 10 entrepreneurs Accelerator Program

8. = 10 entrepreneurs 6 mo 12 mo 18 mo 24 mo

9. =

10. 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?

11. Problem 2 – How do early-stage entrepreneurs grow?

12. How do you identify early-stage entrepreneurs? How do you get data from them?

13. = 10 entrepreneurs Accelerator Program

14. = 10 entrepreneurs Accelerator Program Consistent Application Questions

15. = 10 entrepreneurs 6 mo 12 mo 18 mo 24 mo

16. =

17. How was the research done?

18. 64 Partners since 2013

19. 2013 Q1/Q2 2013 Q3/Q4 2014 Q1/Q2 2014 Q3/Q4 2015 Q1/Q2 Accelerator Partners 36101121 Entrepreneurs320517696834700+

20. 2013 Q1/Q2 2013 Q3/Q4 2014 Q1/Q2 2014 Q3/Q4 2015 Q1/Q2 Accelerator Partners 36101121 Entrepreneurs320517696834700+

21. Getting to 50%+ Response Rate Surveying Tips: -Minimize time commitment -No Mailchimp -Incentivize! -Primary inbox! Initial mass message Second mass follow- up Third mass follow-up Initial individual email Second individual email Third individual email Fourth individual email Fifth individual email

22. What are we seeing so far?

23. Accelerated vs Non-Accelerated Ventures

24. 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.

25. 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.

26. Benefits Sought from Accelerators

27. Impact tracking systems – “Do you use IRIS?”

29. Impact tracking systems – “Do you use B-Labs?”

30. Impact tracking systems – “Do you use B Labs?”

31. Impact tracking systems – “Do you use some other system?”

32. What’s next?

33. -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 2015 / 2016 Plans

34. -Year-end summary is now live! bit.do/2014data -Mailing list: eepurl.com/JBjQbeepurl.com/JBjQb -Seeking additional accelerator partners for 2015/2016 -Seeking researchers who are interested in leveraging this data Engagement

35. bit.ly/ZHR17q Thank You Sean Peters srhpeters@gmail.com @sean_robert