Number of Entrepreneurial Network Referrals

An entrepreneur who is forwarded along to a resource provider outside Richland County for additional assistance that cannot be provided within the county

Source: Braintree

After someone in the Entrepreneurship Alliance works with entrepreneurs, they are forwarded to a resource that could possibly reside outside the county, like Innovation Fund, BioOhio, or OSU.

Entrepreneurs far along in the start-up process may need assistance from service providers outside the county. The number of network referrals is an indicator that the entrepreneurial ecosystem is working effectively and that entrepreneurs are being connected with service providers that can best meet their needs.

Green: At or above annual target goal (as measured on an annual basis)
Yellow: One to three network referrals fewer vs. annual target goal (as measured on an annual basis)
Red: Three or more network referrals fewer vs. annual target goal (as measured on an annual basis)

In order to determine the benchmark color for an annual target, a newly reported quarterly number is annualized and compared to the annual target. For example, if referalls in 1Q=10 and 2Q=15, the annualized number would be (10+15)x2=50.

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