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The Impact track builds upon the Impact Management Project (IMP) - a new approach on how to measure, report, compare and improve impact performance. The impact track relies on evidence-based insights, allowing “impact forecasting” and historical data to be analyzed to show progress towards outcomes, as well as provide evidence for decision-making and business model adjustment.
Utilizing the five dimensions of impact - What, Who, How Much, Contribution and Risk
Our service supports the startups and business ventures to assess their impact goals. Furthermore, the track allows to analyze the risk of negative impact and measure positive impact, so that the enterprise can reduce the negative one and increase the positive.
The Impact Measurement and Management track relied on the approach of our partners - Business Call to Action (BCtA) Impact Lab Platform, supporting the cohort startups to build their impact models through the platform.