Accelerators
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Accelerators

Successful Venture Creation and Growth

Edited by Mike Wright and Israel Drori

Accelerators are a rapidly growing new form of organization that aim to stimulate entrepreneurship through intensive, limited-period educational programs, including mentoring and networking for the cohort of start-up participants selected for each program, to improve their ability to attract investment at the end of the program. Drawing on novel evidence from across the world, this is the first book to provide rigorous analysis of the nature and effectiveness of accelerators that will be invaluable for researchers, policymakers and entrepreneurs.
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Chapter 6: Key performance indicators

Michael Leatherbee and Juanita Gonzalez-Uribe

Abstract

This chapter by Michael Leatherbee and Juanita Gonzalez-Uribe examines KPIs in accelerators. KPIs can help gauge the health and progress of business accelerators. Their use is fundamental for learning how to improve organizational and programmatic effectiveness, and for building a data-driven shield from program skeptics. However, figuring out which indicators are best, how to develop them and what phenomenon they are actually reflecting is a non-trivial exercise. The authors provide an overview of different KPIs that can be used by accelerator stakeholders. By explaining their value, limitations, methods of construction and potential pitfalls, they aim to provide accelerator stakeholders with a toolkit for building an effective KPI dashboard.

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