Livinnovate measure the success of startups in their incubation program using a variety of metrics, including:
- Fundraising: We track how much funding startups have risen during and after the incubation program, and the sources of that funding.
- Revenue growth: The revenue growth of startups, including monthly or yearly revenue, to measure their success over time.
- Market traction: By tracking the market traction of startups, such as the number of customers they have the level of engagement with their products or services, and feedback from customers and the market.
- Hiring: The number of employees hired by startups and the rate of growth in headcount over time is important.
- Product development: The progress of product development, including the launch of new products, the number of features added, and the overall quality of the products is an essential work to do.
- Industry recognition: We pays attention to the level of recognition startups receive from industry organizations, media, and other sources, to measure their impact on the market.
These metrics are often used to provide a comprehensive view of the success of startups in the incubation program, and to determine their overall impact on the ecosystem.
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