Incubator Seed Data Coverage

Project

Incubator Seed Data Coverage
Project Information
Has title	Incubator Seed Data Coverage
Has owner	Ed Egan
Has start date
Has deadline date
Has project status	Active
Subsumed by:	Incubator Seed Data, Incubators in Five Ecosystems
Copyright © 2019 edegan.com. All Rights Reserved.

Overview

The purpose of this project is to test the coverage and accuracy of the Incubator Seed Data using the hand-collected data on Incubators in Five Ecosystems as a benchmark.

Specifically, this project fulfills point 6 of the Expected Outcomes by June 2019 of the Kauffman Incubator Project:

6. The seed data will have at least a 70% baseline accuracy and coverage of incubators compared to results from hand collected data on 5 ecosystems, as measured by the data analysis.

Data

The five ecosystem incubators are:

City	State	Incubator Name
Washington	DC	Inclusive Innovation Incubator (In3)
Washington	DC	AU Entrepreneurship Incubator
Washington	DC	Global Development Incubator
Washington	DC	Halcyon Incubator
Washington	DC	The Hatchery
Burlington	VT	Vermont Center for Emerging Technologies (VCET)
Austin	TX	Austin Technology Incubator
Austin	TX	IncubatorCTX
Austin	TX	Economic Growth Business Incubator
Austin	TX	ACC Bioscience Incubator
Austin	TX	Bunker Labs
Austin	TX	Galvanize
St. Paul	MN	University Enterprise Laboratories
Minneapolis	MN	Discovery Launchpad at UMN
St. Paul	MN	Lunar Startups

The datasets to test against are (as tables in the incubators database, also available as tab-delimited text files):

• Incubators -- 2137 records, combining the records in CIAIncubators and USIncubators
• CIAIncubators -- 1603 records, combining incubators identified in Crunchbase, INBIA, and AngelList
• USIncubators -- 707 records, combining state and regional incubator lists found as a part of the US Incubators project
• Data from the Google Crawler run against the five ecosystems

Process

Load FiveEcosystemIncubators.txt into incubators then run the matcher:

perl Matcher.pl -mode=2 -file1="FiveEcosystemIncubators.txt" -file2="Incubators.txt"

Note that there is substantial name variation in Incubators.txt for the same firm, so standard name based matching doesn't work. For example:

Inclusive Innovation Incubator	Inclusive Innovation Incubator	DC	in3dc.com	Inclusive Innovation Incubator (In3) - D.C's first co-working, training, & incubator space intentional about diversity & inclusion.	Washington	2301-D Georgia Ave, NW		Crunchbase
Inclusive Innovation Incubator (In3)	Inclusive Innovation Incubator (In3)	DC	www.in3d.com	Inclusive Innovation Incubator (In3) is the District's first community space focused on inclusion innovation and incubation. The incubator is committed to creating a collaborative environment where under-resourced members have access to the space and services needed to build or grow a successful business.	Washington DC			AngelList,USIncubators

And out of the 15 incubator names, 11 were in our incubators table (irrespective of location), and of these y had name variation(s).

Fortunately the count is small, so we can conduct a manual review. For the Google crawler, we only count a hit if the website of the incubator itself is included in the results, rather than a news article or other information that references the incubator.

Results

In the table below, 1 indicates the incubator was present in the source, and 0 indicates it was absent. The last column, labelled any records if the incubator was in our complete seed data, comprised of the incubator table and the Google Crawler results.

Name	Location	Crunchbase	INBIA	Angellist	US Incubators	Google Crawler	Any
Inclusive Innovation Incubator (In3)	Washington, DC	1	0	1	1	1	1
AU Entrepreneurship Incubator	Washington, DC	0	0	0	0	0	0
Global Development Incubator	Washington, DC	0	0	0	1	0	1
Halcyon Incubator	Washington, DC	0	0	0	1	1	1
The Hatchery	Washington, DC	0	0	0	1	0	1
Vermont Center for Emerging Technologies (VCET)	Burlington, VT	1	1	0	0	1	1
Austin Technology Incubator	Austin, TX	1	0	1	0	1	1
IncubatorCTX	Austin, TX	0	0	0	0	0	0
Economic Growth Business Incubator	Austin, TX	0	0	0	0	1	1
ACC Bioscience Incubator	Austin, TX	0	0	1	0	1	1
Bunker Labs	Austin, TX	0	0	0	0	1	1
Galvanize	Austin, TX	0	0	0	0	0	0
University Enterprise Laboratories	St. Paul , MN	0	0	0	1	1	1
Discovery Launchpad at UMN	Minneapolis , MN	0	0	0	0	0	0
Lunar Startups	St. Paul, MN	0	0	0	1	0	1
Total		3 (20%)	1 (7%)	3 (20%)	6 (40%)	8 (53%)	11 (73%)

Notes:

• For The Hatchery, the NY location is also in AngelList
• For Bunker Labs, the Austin location is missing but the Seattle location is in US Incubators, the Chicago location is in AngelList, and the Google crawler found an Arlington, VA location too.
• For Galvanize, the Seattle location is in US Incubators and the San Francisco and New York City locations are both in AngelList.

Overall, 73% of the incubators in the hand-collected data are present in the seed data. The project therefore met its objective!

The three of the four absent incubators have a university affiliation. AU Entrepreneurship Incubator is based at American University in DC, IncubatorCTX is based at Concordia University in Northwest Austin, and Discovery Launchpad at UMN is at the University of Minnesota. This suggests that we would need another source of data to capture academic incubators. The fourth missing incubator is the branch office of a chain. This chain does not describe itself as an incubator but appears to meet the criteria for one. We could attempt to put together data on incubator chains and their offices separately. The data also suggests that the different sources do capture different incubators. There is little apparent correlation between the sources, and the Google Crawler is the only one to capture more than half of the incubators.