Navigating The Principles

Navigating The Principles

Suggested Adoption Strategy

For ESOs

If you’re an ESO, before diving deep into the principles below, we recommend reading our How to use the principles page, so you have an idea of how to start implementing, once you’ve read the principles. We acknowledge that adopting these principles requires capacity, resources, and in some cases, change management.

For Funders

If you’re a funder, we recommend reading the principles, and then heading to our Get Involved: Funders page for more information about the vital role you can play in endorsing the principles and supporting ESOs across Asia with impact measurement.

Thesis Statement

There is a lack of alignment between Entrepreneurship Support Organisations and other key stakeholders, such as governments and funders, when it comes to benchmarking the quality of support services provided for entrepreneurs in Asia. Many ESOs also lack the capacity to effectively design, implement, and measure their impact framework.

Our Solution:

A set of living, open-source guiding principles for ESO impact measurement, led by a community of practice and developed with input from key stakeholders.

“Saying that you can create a new job for US$1 is really unhelpful and is doing everyone a disservice. Donor education is important. Investing in MEL is a way that you can challenge the power imbalance.”

  • ESO Funder

What Are the Principles?

These principles are intended to be guiding (not instructional) and living (not static). 

Every ESO, every entrepreneur, and every ESO funder is different. Whether you are an early-stage ESO operating as a start-up and piloting your first incubator, or an established ESO with team members across the country or region and hundreds of entrepreneurs in your network, these principles are meant to provide high-level guidance on agreed best practice.

Each principle also contains a set of sub-principles within it that are designed to be suggestions and recommendations rather than specific steps or instructions. Depending on the sector and context and the stage of your ESO’s journey, you may choose to adopt some or all of these sub-principles or use them as suggestions and adapt your own methods. 

We have also collected resources from around the world to help you get started or learn more about particular aspects of the principles. You can find these at the end of each principle.

Suggested Adoption Strategy

For ESOs

If you’re an ESO, before diving deep into the principles below, we recommend reading our How to use the principles page, so you have an idea of how to start implementing, once you’ve read the principles. We acknowledge that adopting these principles requires capacity, resources, and in some cases, change management.

For Funders

If you’re a funder, we recommend reading the principles, and then heading to our Get Involved: Funders page for more information about the vital role you can play in endorsing the principles and supporting ESOs across Asia with impact measurement.

Thesis Statement

There is a lack of alignment between Entrepreneurship Support Organisations and other key stakeholders, such as governments and funders, when it comes to benchmarking the quality of support services provided for entrepreneurs in Asia. Many ESOs also lack the capacity to effectively design, implement, and measure their impact framework.

Our Solution:

A set of living, open-source guiding principles for ESO impact measurement, led by a community of practice and developed with input from key stakeholders.

“Saying that you can create a new job for US$1 is really unhelpful and is doing everyone a disservice. Donor education is important. Investing in MEL is a way that you can challenge the power imbalance.”

  • ESO Funder

What Are the Principles?

These principles are intended to be guiding (not instructional) and living (not static). 

Every ESO, every entrepreneur, and every ESO funder is different. Whether you are an early-stage ESO operating as a start-up and piloting your first incubator, or an established ESO with team members across the country or region and hundreds of entrepreneurs in your network, these principles are meant to provide high-level guidance on agreed best practice.

Each principle also contains a set of sub-principles within it that are designed to be suggestions and recommendations rather than specific steps or instructions. Depending on the sector and context and the stage of your ESO’s journey, you may choose to adopt some or all of these sub-principles or use them as suggestions and adapt your own methods. 

We have also collected resources from around the world to help you get started or learn more about particular aspects of the principles. You can find these at the end of each principle.

THE PRINCIPLES

A set of living, open source Guiding Principles for ESO Impact Measurement, led by a Community of Practice, and developed with input from key stakeholders.

Explore by Principle, or start with

1: Understand what success looks like for entrepreneurs

2: Measure the Health of your ESO

Illustration of Ryani presenting insights and learnings

3: Measure immediate, intermediate and long-term outcomes

4. Understand and align with the goals of key stakeholders

Illustration of Groups of Entrepreneur, Partner, ESO, and Funder Stakeholders

5. Invest in Monitoring, Evaluation, & Learning (MEL)

6: Practise data collection methods that are accessible for diverse entrepreneurs

7: Validate what you measure

Illustration of a Tape Measure

Celia Boyd

Celia Boyd

Co-Founder

Zarene Zuberi

Zarene Zuberi

Country Manager

Ryani Sisca

Ryani Sisca

Program Director

Eleanor Booth

Eleanor Booth

MEL Specialist & Founder

Olivia Hough

Olivia Hough

Director

Share with us what worked well for you (and what didn’t!)

The principles are ‘living’, which means they’ll be updated and evolving as more adopters come on board and align with what we all consider best practice for our sector. This means your feedback, stories, failures or triumphs are incredibly valuable, and can also support the wider community to learn and better adopt the principles in the future.