Key Metrics We Track:
We measure both quantitative and qualitative outcomes to understand our impact fully. Here’s a look at our core metrics:
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Participant Reach: We track how many individuals participate and complete our reskilling and entrepreneurship programs across U.S. and international communities, aiming for high completion rates and active engagement.
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Business and Job Creation: We measure the number of businesses and jobs created through our programs, focusing on long-term economic growth within communities.
Revenue Growth: We monitor the revenue growth of businesses launched by our participants, evaluating how they contribute to local economies.
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Access to Capital: We assess how many participants secure financial support for their businesses, enabling economic stability and growth.
Financial Literacy: We evaluate improvements in participants’ financial literacy, emphasizing budgeting, savings, and business management skills.
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Leadership Roles: We track the number of participants who assume leadership roles in their communities, empowering women, youth, and veterans to drive local change.
Entrepreneurship by Women and Youth: We measure the impact of women- and youth-led businesses on community economies and job creation.
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Green Business Practices: In the Global South, we track the adoption of sustainable practices, from renewable energy to waste reduction.
Climate Resilience: We monitor businesses in climate-vulnerable regions that incorporate strategies for resilience, such as sustainable agriculture and renewable energy use.
Impact Measurements and Evaluations
At Bethany McKinzie Global Ecosystems, our commitment to sustainable community transformation is backed by a rigorous Impact Measurement and Evaluation Plan. Our programs serve both rural U.S. communities and underserved regions in the Global South, where we work to empower individuals through reskilling, entrepreneurship, and financial inclusion initiatives.
Objectives of Our Impact Measurement
Our evaluation framework is designed to track the success of our initiatives in creating meaningful, measurable change. Our primary objectives are to:
Assess the impact of reskilling and entrepreneurship programs locally and globally.
Evaluate financial inclusion and business development progress in rural and indigenous U.S. communities and in international regions within the Global South.
Monitor leadership growth and community contributions by women, youth, and veterans.
Provide stakeholders with data that demonstrates the scalability and measurable impact of our programs across diverse communities.
Continuous Improvement and Reporting:
Our Impact Measurement Plan includes quarterly progress updates and an annual impact report detailing achievements in business creation, job growth, and community empowerment across U.S. and Global South programs. This ensures accountability and continuous improvement, guided by feedback from participants, staff, and funders. By tracking these metrics, we can adapt our programs to address the evolving needs of communities worldwide, reinforcing our commitment to sustainable, scalable change.