We believe that resilient, inclusive and vibrant entrepreneurial ecosystems are essential in creating sustainable economies and more equal societies.
Through a coordinated, design-led process, we supported the development of solutions to strengthen these entrepreneurial ecosystems. In turn, this empowered more diverse local businesses to grow and deliver social, environmental and economic impact in their communities.
This was achieved through a five step process:
1. Identify and analyse the systemic challenges facing small and growing businesses (SGBs) and entrepreneur support organisations (ESOs) in the region through research and engagement with existing networks.
2. Source expressions of interest for Frontiers Lab teams and the network of advisors and experts who will support them.
3. Scope solutions in a first sprint phase. Develop detailed plans that include testing key assumptions and assessing the desirability, viability and feasibility of the solutions. Plans are reviewed and approved by the board.
4. Prototype solutions in a second sprint phase. Coordinators support teams to complete Monitoring, Evaluation and Learning (MEL) and Diversity, Equity and Inclusion (DEI) evaluations on the prototypes. Teams develop a minimum viable product (MVP) with the support of coordinators, advisors, and the board.
5. Scale solutions for implementation via sustainable funding pathways.