Bridge for Billions Inclusive Business Incubator
RESULTS
Across the three years, the B4B Inclusive Business Incubator achieved strong outcomes in terms of participation and business projects launched, as well as significant positive social impact in each of the four cities.
OUTCOMES
• 223 entrepreneurs supported by the incubator
• 122 mentors participated in the project
• +100 networking sessions
• 3 annual business exploitation events
• Several key business sectors such as Travel, Food and Entertainment, Education & Training and Health and Medical.
• 76% participant completion rate, above Bridge for Billions’ global average of 66%
IMPACT
• 87% of projects demonstrated clear social impact in line with IN-HABIT project scope
• Inclusive representation of women (71%) and youth under 31 (26%), migrant (13%), parent (52%), and income below 10K (27%) founders
• 41% to 54% rise in entrepreneurs generating revenue before and after the programme
• From 31% to 58% rise in job creation before and after the programme
• 33% entrepreneurs raised new funds during and after the programme
• +70% of participants made notable progress in soft skills, including decision-making, vision and planning, confidence to start a business and leaving the comfort zone.
• Exceptionally high satisfaction levels with a Net Promoter Score (NPS) of 54 among entrepreneurs and 62 among mentors - both considered “excellent” internationally.
• 93% of businesses remained active after incubation, underscoring the long-term viability of the ventures.
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*Deliverable pending final European Commission approval