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BfE Impact Framework

Our proposed framework for measuring impact

Bridges for Enterprise

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Impact Framework

Social Enterprises

Stakeholder

Indicator

Metrics

Scale of the incubation programme

  • Number of applicants for the BfE incubation programme
  • Number of startups within the BfE incubation programme
  • Number of engagements with startups, by type (C/FA/LA/TA)

Diversity of social enterprises

  • By SDG
  • By geography
  • By gender

Quality of programme delivery

  • Ratings from post-engagement feedback from startups
  • Completion rate of engagements

Outcomes of incubation programme

  • Business performance (revenues, survival rate, etc.)
  • Scale of social impact (number of customers, employees, systematic measurement of impact)

Bridges for Enterprise

Bridges for Enterprise

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Impact Framework

  • Rating that mentors give to the student teams they work with
  • Rating that mentors give to the startups they work with
  • Number of mentors indicating satisfactory experience with BfE

Professional Mentors

Stakeholder

Indicator

Metrics

Scale of our mentorship community

  • Number of applicants
  • Number of mentors
  • Number of active mentors, by mentorship type

Relevant expertise from mentors

  • By years of industry experience
  • By career type/ sectoral background
  • Experience with social enterprises
  • Experience with low/middle income economies

Diversity of our mentorship community

  • By geography
  • By gender

Quality of mentorship experience

Positive influence on mentors

  • Professional development goals
  • Increased commitment towards social impact

Bridges for Enterprise

Bridges for Enterprise

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Impact Framework

BfE

Chapter Members

Stakeholder

Indicator

Metrics

Scale of BfE chapters

  • Number of students

Diversity of student community

  • By nationality
  • By religion
  • By race/ ethnicity
  • By gender

Quality of student experience

  • Level of satisfaction regarding overall experiences
  • Level of satisfaction regarding responsibilities
  • Level of satisfaction regarding the amount of time spent on BfE tasks
  • Level of satisfaction regarding chapter leadership/management team
  • Decrease the attrition rate within BfE chapters

Bridges for Enterprise

Bridges for Enterprise

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Impact Framework

  • Increase the likelihood that students will become more aware about global challenges after being part of BfE chapters

BfE

Chapter Members

Stakeholder

Indicator

Metrics

Engagement quality

  • Improve the overall experience for chapter members in our Incubation Programme

Professional objective

  • Increase the likelihood that students will benefit professionally after being part of BfE chapters

Impact objective

  • Increase the likelihood that students will create greater social impact after being part of BfE chapters

Global objective

Bridges for Enterprise

Bridges for Enterprise

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Impact Framework

BfE

Global Members

Stakeholder

Indicator

Metrics

Scale of BfE global team

  • Number of team members, by team

Diversity of global team

  • By nationality
  • By religion
  • By race/ ethnicity
  • By gender

Quality of team member experience

  • Level of satisfaction regarding overall experiences
  • Level of satisfaction regarding responsibilities
  • Level of satisfaction regarding the amount of time spent on BfE tasks
  • Level of satisfaction regarding global management team
  • Decrease the turnover rate within the global team

Bridges for Enterprise

Bridges for Enterprise

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Impact Framework

  • Increase the likelihood that members will become more aware about global challenges after being part of the global team

BfE

Global Members

Stakeholder

Indicator

Metrics

Professional objective

  • Increase the likelihood that members will benefit professionally after being part of the global team

Impact objective

  • Increase the likelihood that members will create greater social impact after being part of the global team

Global objective

Bridges for Enterprise

Bridges for Enterprise

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Why did we create this?

This impact framework allows us to:

  • Track impact data in a more systematic and quantitative way
  • Track the medium and long-term impacts of BfE on different stakeholders
  • Understand the breadth and scope of impact data collection within BfE

In turn, data stemming from this impact framework can be used for:

  • Rich, disaggregated insights that can drive internal strategy
  • Communication of our impact to external stakeholders

In short: without this spreadsheet, we would be constantly guessing at the how, what, and why behind our impact measurement process.

Bridges for Enterprise

Bridges for Enterprise