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  • 7/23/2019 GIST Initative Partner Survey 2015

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    GIST Initiative Final Project Report

    68

    II ResultsoftheGIST LocalPartnerSurvey

    GISTcountryandregionalpartnersareessentialtoGISTsmission;theycontributelocalresourcesand

    helpbuildopportunitieswithustosupportentrepreneurshipecosystemsandamazingentrepreneurs

    whoarereadytolearn.GISTbringsvalueandopportunitiestoentrepreneurialecosystemsin

    collaborationwithourpartnersaroundtheworld.Countryandregionalpartnersandtheir

    entrepreneurshavebenefittedthroughpartnershipwiththeGISTInitiativeanditsprogramming.A

    representativefromStartupMalaysiawithwhomCRDFGlobalcollaboratedsaidtheGISTInitiativewas,

    apartnershipthatfeltmorelikeafriendship...supportingeachotherformutualbenefits.

    ThroughtheGISTInitiative,CRDFGlobalhascollaboratedwith85organizationsin40countries.CRDF

    GlobalsurveyedalloftheseorganizationstogathertheirthoughtsonparticipationwiththeGIST

    Initiativeandreceivedcompleteresponsesfrom25organizations,aresponserateof29.4%.CRDF

    Globalhadvaryinglevelsofengagementwithpartnerorganizationsbasedonfundingopportunitiesand

    ontheindividualsattheorganization.CRDFGlobalreceivedresponsesfrom10ofthe11organizations

    thatCRDFGlobalclassifiedastheGISTInitiativesstrongestpartners,basedonthelevelofcollaboration

    throughoutthe

    program.

    CRDFGlobalsurveyedthepartnerorganizationsrepresentativestoseektheirfeedbackabouttheGIST

    programminginwhichtheyparticipated.Partnerorganizationsentrepreneurshavereceivedaccessto

    businessexpertsandaskquestionsinrealtimeatGISTTechConnects.Theorganizationsentrepreneurs

    alsoappliedtoGISTTechIcompetitionswhichbroughtthesemifinalistsinternationalexposure,

    mentorshipandseedfunding.TwelveorganizationshavecollaboratedinhostingGISTStartupBoot

    Camps,andtheyhavereportedandincreasedlevelofconfidenceamongtheentrepreneurswho

    attendedandanimprovementintheorganization'sreputationandcredibility.Wefound

    overwhelminglypositivereviewsofthewaysthattheGISTInitiativecontributedtosuccessofthelocal

    partners,andwilldetailtheresultsofthesurveybelow.

    Interpreting

    the

    results

    CRDFGlobalaskedpartnerorganizationstoprovidetheirfeedbackontheirtimewithworkingwiththe

    GISTInitiativeoverallandwiththethreeprogramareasoftheGISTInitiative:BootCamps,

    TechConnectsandCompetitions.Firstthesurveytopicisdisplayedwiththeweightedaverageofthe

    responsesinparentheses,withStronglyAgreeasa5downtoStronglyDisagreeasa1.Theweighted

    averagetakesintoaccountallresponsesanddemonstratesthestrengthofagreement.Thisisfollowed

    byachartthatshowsthedistributionofresponses,aswellasananalysisoftheresponsesandsome

    quotesbythepartnerorganizations.

    The

    GIST

    Initiative

    is

    maybe

    the

    greatest

    technology

    entrepreneurship

    network

    and

    community

    intheworld.BeinganactivememberofithelpedCTICDakarbeingrecognizedinternationally

    andgetaccesstogreatUSinvestorsandentrepreneursplusitsalotoffun!CTICDakar

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    GIST

    Initiative

    Overall

    nalysis

    ThepartnerorganizationswereaskedtoprovidetheirfeedbackontheGISTInitiativeoverall.This

    particularquestionandresponsesare:

    Pleaseindicateyourlevelofagreementwiththefollowingstatementsregardingtheimpactthat

    participatingwith

    the

    GIST

    Initiative

    had

    on

    your

    organization:

    With

    the

    GIST

    Initiative:

    Youraisedyourvisibilityasanorganization(4.32)

    Yourentrepreneursreceivedaccesstohelpfulentrepreneurialskills,trainingsand

    opportunities(4.28)

    Youwereabletoformorstrengthenconnectionswithseasonedentrepreneurs,investors

    andthebusinesscommunity(4.21)

    Youacquirednewideasorskillstobetterserveyourmembership(4.16)

    Youwereabletoformorstrengthenconnectionswithaspiringentrepreneursinyour

    community(4.04)

    ThestrongestagreementwaswiththestatementthatparticipatingwiththeGISTInitiativeraisedthe

    partnerorganizationsvisibility.However,weightedaveragesforallstatementsareabove4,which

    correspondstoagree,meaningthatonaveragealllocalpartnerswhoparticipatedinthissurveyhave

    foundtheGISTInitiativetobebeneficialtotheminallofthefivewayspresentedtothem.

    Oneorganizationsuggestedholdingregionalcompetitionsandsemifinalisteventsfocusedonattracting

    regionalinvestors,asinternationalinvestorsthatgotoGlobalEntrepreneurshipSummitsdonothaveas

    muchincentivetoinvestintheregionorasmuchmarketunderstandingasalocalorregionallybased

    investor.

    GIST

    Competitions

    ThepartnerorganizationsthatpromotedtheGISTCompetitionswereaskedtoprovidetheirfeedback

    ontheexperience.Thisparticularquestionandresponsesare:

    Selectyourlevelofagreementwiththefollowingstatements:PromotingtheGISTcompetitions

    has:

    Increasedtheconfidencelevelsoftheentrepreneurswhoapplied(3.92)

    Raisedyourorganization'svisibility(3.92)

    0 5 10 15 20 25 30

    Youwereabletoformnewconnectionsor

    strengthenconnectionswithaspiring

    Youacquirednewideasorskillstobetter

    serveyourmembership(4.16)

    Youwereabletoformorstrengthen

    connectionswithseasoned

    Yourentrepreneursreceivedaccessto

    helpfulentrepreneurialskills,trainings

    You

    raised

    your

    visibility

    as

    an

    organization(4.32)

    StronglyAgree

    Agree

    Neutral

    Disagree

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    Improvedtheabilityofparticipatingentrepreneurstopresenttheirventures(3.83)

    Strengthenedmyorganization'snetworkofentrepreneurs(3.58)

    Increasedmyorganization'scapacitytorunitsownventurecompetitions(3.5)

    Thestrongest

    agreement

    was

    with

    the

    two

    statements

    that

    participating

    with

    the

    GIST

    Competitions

    increasedtheconfidencelevelsoftheentrepreneurswhoappliedandthatpromotingtheGIST

    Competitionshaveraisedthepartnerorganizationsvisibility.Eightof12organizationsalsonotedan

    improvedabilityofparticipatingentrepreneurstopresenttheirventures,andhalfoforganizationsthat

    respondedsaythatpromotingtheGISTCompetitionsstrengthenedtheirnetworksofentrepreneursand

    hadincreasedtheirorganizationscapacitytorunitsownventurecompetitions.

    Oneorganizationnotedthatthecompetitiongavethemtheopportunitytoseeventuresfromaround

    theglobe,andcontinuedtosharethatwiththatknowledgetheywerebetterabletocomparethelevel

    ofdevelopmentoftheirentrepreneurswiththesemifinalistsfromotherregions.

    GISTBootCamps

    ThepartnerorganizationswhohostedGISTStartupBootCampswereaskedtoprovidetheirfeedback

    ontheexperience.Thisparticularquestionanditsresponsesare:

    Selectyourlevelofagreementwiththefollowingstatements:HostingtheGISTStartupBoot

    Camphas:

    Improvedmyorganization'sreputationandcredibility(4.5)

    TogetherwithGIST,weintroducedforthetimein2009aspecialawardforoutstandingwomenentrepreneursaspart

    ofthe

    MIT

    Arab

    Startup

    Competition.

    Since

    then,

    women

    participation

    in

    our

    programs

    has

    been

    increasing

    year

    after

    yearandin2014,50%ofourwinnerswereWOMEN!MITEnterpriseForum PanArab

    GISTandCRDFGlobalservesasapowerfulplatform/linkageforyoungbuddingentrepreneursfromPakistanto

    showcasetheirabilitiesandideastotheworld.YoungentrepreneursareprovidedmultipleopportunitiesbyGISTto

    competewiththerestoftheWorld.Ourclosecollaborationandpartnershiphasmadethisawonderfulventurefor

    promotingtheopportunityamongtheentrepreneursofPakistan.MITEnterpriseForumPakistan

    0 2 4 6 8 10 12 14

    Increasedmyorganization'scapacity

    Strengthenedmyorganization's

    Improvedtheabilityofparticipating

    Raisedyourorganization'svisibility

    Increasedtheconfidencelevelsofthe

    StronglyAgree

    Agree

    Neutral

    Diagree

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    Ledtoanincreasedlevelofconfidenceamongtheentrepreneurswhoattended(4.5)

    Strengthenedmyorganization'snetworkofentrepreneurs(4.17)

    Increasedtheabilityofyourorganization'sentrepreneurstopitchtheirventures(4.17)

    Allowedmyorganizationtoacquirenewskillsandknowledgetosharewithourmembership

    (4.08)

    Strengthenedmyorganization'snetworkoflocalmentorsandinvestors(3.92)

    Increasedmyorganization'scapacitytohostlargescaleentrepreneurialevents(3.82)

    ThestrongestagreementwaswiththestatementthathostingGISTBootCampsledtoanincreasedlevel

    ofconfidenceamongtheentrepreneurswhoattendedandimprovedthepartnersreputationand

    credibility.Weightedaveragesforfiveofthesevenstatementsareabove4,whichcorrespondsto

    agree,meaningthatonaveragealllocalpartnerswhoparticipatedinthissurveyhavefoundtheGIST

    Initiativetobebeneficialtotheminthesefivewayspresentedtothem.Onepartnerorganizationsaid,

    Itopenedtheeyesofentrepreneursthattheyhadtoworkharderandhaveabetter"mindset",while

    anothershared,

    this

    kind

    of

    partnership

    with

    our

    organization

    had

    definitely

    apositive

    impact

    because

    therewassomethingconcreteandassessableforyoungentrepreneurs;itactuallywentbeyondthe

    speeches.Thatwasreallyremarkable.

    Thepreparationofthismajoreventpertainingtoentrepreneurship inAlgierswithknown

    entrepreneursfromtheU.S.,gaveusahugevisibilityandwecouldstartingdevelopingour

    organizationimageandmarketingtowardpromotionofentrepreneurship inourcountry.For

    instance,theWorldIntellectualPropertyOrganizationhasdecidedtodrafttwopagesinits

    internationalguideaboutourorganizationintermsofourcapabilitytodriveentrepreneurship

    programsAlgerian

    Startup

    Initiative

    GIST

    TechConnects

    ThepartnerorganizationswhohostedviewingsitesfortheGISTTechConnectswereaskedtoprovide

    theirfeedbackontheexperience.Thisparticularquestionandresponsesare:

    0 2 4 6 8 10 12 14

    Increasedmyorganization'scapacityto

    Strengthenedmyorganization'snetwork

    Allowedmyorganizationtoacquirenew

    Strengthenedmyorganization'snetwork

    Increasedtheabilityofyour

    Improvedmyorganization'sreputation

    Ledtoanincreasedlevelofconfidence

    StronglyAgree

    Agree

    Neutral

    Disagree

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    Selectyourlevelofagreementwiththefollowingstatements:HostingtheGISTTechConnect

    viewingsiteshas:

    Providedattendingentrepreneursaccesstoimportantentrepreneurialinformation(4.05)

    EncouragedfurtherentrepreneurialconversationsaftertheTechConnects(4.05)

    Raisedyour

    organization's

    visibility

    (3.84)

    Servedasameaningfulopportunitytobringtogethermyorganization'smembership(3.84)

    Theweightedaverageofthelevelofagreementwitheachofthefourstatementswasclusteredaround

    4,whichcorrespondstoagree,meaningthatonaveragealllocalpartnerswhoparticipatedinthis

    surveyhavefoundtheGISTTechConnectstobebeneficialtotheminthesefourwayspresented.One

    organizationshared,ParticipantswerehappywiththequalityoftheTechConnectbroadcastsand

    foundthecontenttobeinsightful,stimulatingandeasytounderstand.Attendeessharedtheirpersonal

    storiesandotherssharedideas.Theenergyintheroomwasintense!

    OneorganizationreallymaximizedthebenefitsoftheTechConnectsthroughsocialmedia.They

    promotethe

    event

    via

    our

    social

    media

    and

    encourage

    participants

    to

    watch

    it

    from

    home.

    For

    our

    own

    GISTTechConnectviewingsites,theaudienceisveryhappy.Inadditionwerecordtheeventsand

    broadcastthemafterwardsthroughthesocialmedia.

    TechConnectsgavemyTeamMembersachancetoexperienceGISTwhichhadbeenalife

    changingaffairforme.AfewhavebeenencouragedtostarttheirownStartupsandweare

    supportingtheminthisendeavor.FarmSpaceAfrica

    Wewereabletogatheroverhundredpeopleinoneplaceandafterthelecture,healthy

    discussionsgaveuponwayforwardandmovingtonextlevel.TechnologyIncubationCenter

    Benin,Nigeria

    0 2 4 6 8 10 12 14 16 18 20

    Raisedyourorganization'svisibility(3.84)

    Servedasameaningfulopportunitytobring

    togethermyorganization'smembership

    Providedattendingentrepreneursaccessto

    importantentrepreneurialinformation(4.05)

    Encouragedfurtherentrepreneurial

    conversationsaftertheTechConnects(4.05)

    StronglyAgree

    Agree

    Neutral

    Disagree

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    ThoughtheresultsshowthatalloftherespondentsrecognizedbenefitsoftheTechConnects,manyalso

    providedideasofhowtoimproveTechConnects.Logisticalconcernsincluded:

    Internetconnectivityissues

    Timezonedifferencesmadetheselectedbroadcasttimelessthanidealforsomeparticipants

    Desirefor

    two

    way

    video

    connectivity

    to

    facilitate

    in

    even

    more

    interactive

    discussions

    LongertimebetweenannouncementofandthedateoftheTechConnects.Theirorganization

    founditdifficulttomobilizeontherelativelyshortnoticeoftengiven.

    Suggestionsweregivenaboutlanguageandculture:

    SuggestionforTechConnectspeakerstobetterenunciateandusebasicEnglishvocabularywith

    thisinternationalaudience

    Difficultyoflocalentrepreneurstoculturallyconnectwithinternationalspeakers.The

    suggestionwouldbetoincludespeakersfromallregionsduringthevariousTechConnects.