"To understand the intermediary role of accelerators in the developing regional entrepreneurial ecosystem of Bangalore, we analyze data from 54 interviews with accelerator graduates, accelerator managers, and other ecosystem stakeholders, and from 49 websites, 13 online video interviews, 26 online news sources and 301 pages of policy documents. Specifically, we adopt a socially-situated entrepreneurial cognition approach to theorize how accelerator expertise, existing at a meso-level, intermediates between (micro-level) founders and the (macro-level). ecosystem. In our model, four types of accelerator expertise-connection, development, coordination, and selection-together increase stakeholders' commitment to the entrepreneurial ecosystem, leading to venture validation (success or failure) and ecosystem additionality. These findings indicate that accelerators contribute to ecosystems in a way that is distinct from, but supportive of, building individual ventures."
SMEs make up a large part of businesses, jobs, and GHG emissions. A concerted effort towards climate action in India has to include how we engage and support small and growing businesses.
In 2020, the Metrics from the Ground Up conference took place as a track alongside the Sankalp Global Summit. The event gave ANDE members and the community in India (and beyond) the chance to meet and share knowledge and best practices on impact measurement and management relevant to entrepreneurial support and the greater impact ecosystem.
This piece is part of a series under the theme of “Elevating Underrepresented Voices at ANDE.”
On September 24, 2020, Geigy Mathews and Denis Karema from Enviu hosted a Solution Salon entitled "Eliminating waste to 0% in the textile & food chain, impossible?" as part of ANDE's 2020 Annual Conference. The session highlighted the complex, multi-sector solutions that will be required in order to facilitate the transition towards fully circular textile and food sectors.
2019 was a promising year for the small and growing business (SGB) ecosystem. The recently released State of the Small and Growing Business Sector report from ANDE shows that a wide variety of investment vehicles were launched last year, committing capital close to $3 billion.
Social enterprises have a dual mission to achieve impact and financial returns and often find it hard to raise patient capital for growth as they don’t offer the hockey stick projections that investors are looking for. Confronted with this challenge, they may be forced to drift away or abandon their social mission all together, to chase after more lucrative customer segments or product pricing. Impact-linked debt instruments such as Social Success Notes provide an elegant solution.