An entrepreneurial ecosystem is the dynamic mix of visible and invisible elements that combine to create the environment in which entrepreneurs launch and grow their businesses. There are many established conventions around measuring the visible and tangible parts of an ecosystem, such as available real estate or number of higher educational institutions. But how do you measure the invisible elements such as connectivity, trust, and equity?
Forward Cities has pioneered the development of the nation’s first comprehensive self-assessment tool and methodology to measure the health and equity of an entrepreneurial ecosystem. Their goal is to help community leaders effectively make sense of their entrepreneurial environment. Armed with this information, ecosystem stakeholders can then collaborate to link and leverage high-quality ecosystem elements that add up to Equity for Every Entrepreneur (E3).
Equity for Every Entrepreneur (E3)
Equitable prosperity through entrepreneurship-led economic vitality.
There are four essential building blocks for any entrepreneurial ecosystem:
- The people that bring it to life,
- the programs and places that educate and connect makers, dreamers, and doers,
- the networks that create support structures that allow businesses to thrive, and
- the narratives that propel the work forward and the energy outward into the broader community.
Each of these blocks are individually scored and then combined to create an ecosystem’s E3 Score.
Contribute to Sacramento’s E3 Scorecard with your insight
The Carlsen Center for Innovation & Entrepreneurship, StartupSac, and the Growth Factory have partnered to compile the data to create Sacramento’s E3 Scorecard. We invite you to join us in this effort by completing the Forward Cities survey. It should take no more than 15 minutes and results will only be shared in aggregate so we will not see or receive your individual answers.
Take the Survey!
