In 2016 we launched VilCap Communities, a 26-city pilot to license our curriculum and investment model to accelerators, incubators and investors around the globe.
This report compiles lessons learned, based on survey data and interviews with >100 ecosystem leaders and entrepreneurs.
We found that many entrepreneur support organizations promise everything to everyone, and end up failing for that reason. We offer specific lessons on how to find, train and invest in entrepreneurs, including:
Many entrepreneur support programs rely on philanthropic support - and that’s OK. 55% of every dollar taken in by the 26 entrepreneur communities was philanthropic Entrepreneurs find more value in sector-specific programs. Entrepreneurs that participated in a sector-specific program reported 24% higher overall satisfactionDownload the report for more: best practices, interviews, and case studies.
Andrew Hobbs is Village Capital's Manager of Product and Technology Strategy. He is a co-creator of Village Capital’s VIRAL™ investment readiness framework and the product manager for Village Capital’s forthcoming digital VIRAL™ product. Previously he recruited and trained entrepreneurs in investment readiness and financial modeling in Mexico, India, and the United States, led the firm’s Investment Analyst team globally.
