Example Ecosystem Data Provision
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Startup Heatmap Europe
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At the Startup Heatmap Europe, we believe in the power of local knowledge and encourage community leaders to share their insights & knowledge to enable a higher readibility of the whole European startup ecosystem.
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With the Startup Ecosystem Accelerator, we also have an offering to work with those community builders to improve their capabilities in advancing and measuring their progress.
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Our goal is to create Europe's leading platform of free startup community data, celebrating the continent's diversity and potential.
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Join us in this movement for a more interconnected European startup scene
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Keep in mind the quality criteria of data to be shared
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- Comparative. Single data points are telling little, data should always show context by comparing over time or against a reference
- Reliable and valid. We will sense-check every data provided before publication and assess in how far the data can be trusted to speak to the point it is trying to make.
- Visualizable. Each data provided will be visualized by us, please keep this in mind, when providing data.
- Methodology. We require a short description of the methodology behind the creation of the dataset.
- Source Description. Each data you share should be owned by you or publicly available and referenced correctly with a URL.
- Provided as a google sheet, like this one
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MOST IMPORTANT:
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The data you share always reflects the quality of your work - or how it is perceived. You want the data to back-up the story you are telling.
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Thus, you should apply not only the highest standards of quality and transparency, when sharing data, but also think good about the point you want to make.
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Put an effort into drafting quality data visualizations and you will see the trust you can create by being transparent.
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Data To Track (Ideas)
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- Number of startups in your community
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- Number of startups by vertical
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- Number of meetups / events per month
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- Geographical reach, e.g. social media followers, event attendees, startup participants by country
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- Investments / Exits of Top 10 startups, backed by full list with details
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- Portfolio Success Rate or Time to Follow-up Funding
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- Net Promoter Score or other survey results
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see examples
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See How Portugal is tracking it's scale-ups: https://www.scaleupportugal.tech/
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Examples for
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Accelerators
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- number of startups per vertical, stage, etc.
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- Origins of founders (country level)
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- Ratio of applications / selected per call
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- No. of mentors by professional background
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see examples:
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IMPACT Accelerator practices a very transparent way of showing their metrics: https://www.impact-accelerator.com/metrics-and-more/
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ICIC Think Tank provides a practical guide to measuring Accelerator impact: http://icic.org/blog/benchmarking-metrics-for-high-tech-incubators-and-accelerators/
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Conferences
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- No. of speakers by origin
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- No. of participants by country
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- Topics covered in talks
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- Matchmaking statistics (e.g. number of meetings organized)
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see examples:
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Startup Sesame's annual report offers some insight what event organizers are tracking: https://www.startupsesame.com/wp-content/uploads/2018/01/STARTUP-SESAME-Report-2017-2018-Web.pdf
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This is how you provide Ecosystem Data to be shown on the Heatmap
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1) Review the examples & pick the best fitting form
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2) Provide your data in the sheet "Your Data"
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3) Add a Source & Methodology Description
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4) If you'd like to include raw data, please do so in a separate sheet. Please indicate, that we view every data shared with us as publicly available
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5) Send everything to info@europeanstartupinitiative.eu
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