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UBI-Index-Benchmark-Methodology
- 1. The first and most reliable global ranking of
Top University Business Incubators
FRAMEWORK STRUCTURE
THE MOST COMPREHENSIVE FRAMEWORK TO MEASURE INCUBATOR PERFORMANCE
CONSISTING OF 3 CATEGORIES AND 7 SUBCATEGORIES
KEY PERFORMANCE INDICATORS (KPI’S)
A FEW SELECT INDICATORS USED TO ASSESS INCUBATOR PERFORMANCE
• Managed (by) or affiliated to university (-ies)
• Primary objective to facilitate entrepreneurship and support early stage (new)
ooventures through a systematic (mid-long term) and extensive incubation process that
ooincludes services and infrastructure
• Quality controlled intake of clients (startups) and regular time bound exits in form of
oograduate startup clients
©UBI Index 2014 - All Rights Reserved to UBI Index AB SE556937405001 - For more information contact info@ubiindex.com or visit http://ubiindex.com UBI Index
SURVEY SAMPLE 2014
A WELL BALANCED AND EXTENSIVE SAMPLE
OF UNIVERSIRTY BUSINESS INCUBATORS GLOBALLY
Incubators
assessed
Incubators
accepted
Incubators
benchmarked
800 400 300
02DEFINITION
DEFINING UNIVERSITY BUSINESS INCUBATOR01
67 COUNTRIES FROM 5 GEOGRAPHIC REGIONS
EUROPE France, Germany, Norway, Sweden
SOUTH AMERICA Brazil, Peru, Costa rica, Argentina
ASIA & OCEANIA China, India, Japan, Australia
AFRICA Egypt, Nigeria, Kenya, Uganda
NORTH AMERICA Canada, Mexico, United States
03
04
UBI INDEX METHODOLOGY WWW.UBINDEX.COM
1
60+KPI'S MEASURED
Jobs created - Incubator revenue - Paying customers
of clients – Sales - revenue per client - Partners and
sponsors - Survival rate - Funding available – VC &
angel funding received, - Active coaches & mentors -
Background of coaches & mentors
Quality of coaching & mentoring services - Quantity &
quality of deal flow - Incubator collaborative
atmosphere - Successful graduates - Clients w/
running operations - Survival & growth rate - IPOs,
mergers & acquisitions of clients – and many more..
A UNIVERSITY BUSINESS
INCUBATOR (UBI) IS:
ATTRACTIVENESSVALUE FOR CLIENTVALUE FOR ECOSYSTEM
POST INCUBATION PERFORMANCETALENT RETENTION
ECONOMY ENHANCEMENT
ACCESS TO NETWORK
ACCESS TO FUNDS
COMPETENCE DEVELOPMENT
INCUBATOR OFFER
- 2. Extensive measurements been taken for reliable
and well processed results
SELF REPORTED DATA
• Cheaters rejected
• Outliers adjusted and cap set
• Supporting documents sought
MANY VARIABLES
• Universal variables considered
• Variables grouped and statistically
normalized
• Measures taken to standardize variables
NON SIMILAR ECOSYSTEMS
• Secondary sources of data used to adjust
ecosystem bias (e.g. Startup ecosystem
report, GEDI Index)
• Incubator classified into 5 ecosystem types,
i.e. from developed to under-developed, then
used to remove bias (Source: GEDI Index)
WEIGHTING AND KPIS
• Industry experts and incubator managers consulted to identify relevant KPI’s
• Research advisory board and external experts engaged to monitor the weighting process
©UBI Index 2014 - All Rights Reserved to UBI Index AB SE556937405001 - For more information contact info@ubiindex.com or visit http://ubiindex.com UBI Index
VALID & RELIABLE DATA HANDLING
TO ENSURE THE ABILITY TO MAKE GLOBAL COMPARISONS
RESEARCH ADVISORY BOARD
ADVISORS WITH EXPERTISE KNOWLEDGE IN BUSINESS INCUBATION
RESEARCH TEAM
ENSURING REALIBILITY WITH AND EXPERIENCED TEAM
06 07
RELIABLE RESULTS
SOME STEPS TAKEN TO ENSURE RIGHT WEIGHTING AND THE RIGHT
KPI’S
RANKING PROCESS
FIVE KEY STEPS TO RANK INCUBATORS BASED ON THEIR PERFORMANCE SCORE05
A diverse and well balanced
sample of incubators selected and
high quality data collected
DATA COLLECTION
Using reliable statistical methods
the data is cleaned, treated and
normalized
DATA TREATMENT
Normalized and comparable data
is correlated and statistically
cumulated to provide a
performance score
CUMULATING
SCORE ATTRIBUTION
The KPI’s are verified with the Top
Performing Incubators, and
support documents are asked
VALIDATING
Scores of each participant incubator
are cumlated and adjusted on
4 additional variables; incubator type,
ecosystem, age and sector
RANKINGS
WWW.UBINDEX.COM
2
KJELL-HÅKAN NÄRFELT PAOLO BORELLA
JELENA ANGELIS JOEL ERIKSSON ENQUIST
Vinnova AppCampus
Technopolis Group Creandum
DHRUV BHATLI LAURO CARNICELLI
RACHEL RIVERA ROBERT CARUNTU
Director of Research and
Product Development
External Data Analyst
External Research Support External Research Support
1 2 3 4 5
SOME STEPS TAKEN TO ENSURE
VALID AND RELIABLE DATA HANDLING