infoDev has released a Business Analytics toolkit to help tech hubs analyse their performances, and also improve their planning & collection of data.
The toolkit is aimed at helping tech hub managers understand how to conduct performance measurement, improve their planning, lesson learning, delivery over time, and collecting data needed to communicate to potential investors and partners.
The infoDev toolkit categorises tech hub business models and outlines the consequences of business model selection for business analytics strategies, highlights important considerations for tech hubs funded by governments and donors, provides guidance on how a good business analytics approach can be developed, and provides instructions on how tech hubs can use business analytics and performance measurement.
“This toolkit is part of that agenda. It will help grantees to improve local implementation while setting a common framework on how to collaborate with infoDev on business analytics and performance measurements,”infoDev said.
The new toolkit is said to be helpful particularly for current and future mLab and mHub managers. mLabs and mHubs are tech hubs established through grants administered by the infoDev Digital Entrepreneurship Programme.
infoDev is global multi-donor programme part of the World Bank Group, supports growth-oriented entrepreneurs through creative and path-breaking venture enablers, and is a supporter of tech hubs in Africa and the rest of the world.