When we started Doyenne, we said we wanted to get Madison recognized as one of the best cities in the country for women entrepreneurs. Many people asked how we would measure that. It’s a great question.
We knew from the beginning that it wouldn’t be by landing on a Top 10 list put out by a national magazine like Forbes. These lists can be fun to share on social media if your city unexpectedly lands in the Top 10. It was certainly exciting to see Madison ranked #1 for cities with the most successful women per capita by a SmartAssets analysis.
The problem is that these lists don’t actually provide much (if any) useful information for ecosystem builders to help them evaluate their progress toward building a thriving, inclusive entrepreneurial ecosystem.
Read the full article at: https://doyennegroup.org/we-need-to-develop-meaningful-metrics-to-evaluate-entrepreneurial-ecosystems/