In a great post by Jesse Rodgers of TribeHR, he mentioned the importance of identifying performance metrics for your startup incubator. This can help to determine how effective the startup incubator is (or isn’t). At the core of his message is measuring certain performance metrics at the application, in program (accepted), and out of program (graduated) stages and everywhere in between. In this post, we will show how Decision.io can serve a secondary function of tracking startup incubator success.
Using data and logic pays off at the poker table, and we think it will pay off for your organization as well. Whether you are a foundation or non-profit reviewing grant applications, a startup incubator or accelerator reviewing applications from budding entrepreneurs that want access to your programs, or a business making big decisions around strategy and product – making use of as much relevant information as possible within the time available will improve your outcomes over time. It’s important to find a way to implement solutions, software or otherwise, to aid in the management of these submissions, applications, and group decisions. Continue reading