IMM for accelerators and incubators
Accelerators and incubators aim to support the financial growth of supported enterprises, most commonly in the form of revenue, investment, and employee growth. While these programs are interested in measuring the impact of their programs long-term on participating businesses, data collection can be challenging. One of the most common struggles is getting accelerated businesses to reply to surveys in the months or years following their graduation from the program.
Survey falloff is very common the farther out a business gets from its accelerator experience. Additionally, attribution is difficult – there are many different factors that come together to generate business success. Business failure is attributed to different factors as well; for example, a business that successfully went through an accelerator program may have had to close due to the COVID-19 pandemic, which the accelerator obviously cannot control.