21 Performance measures and baseline data Community indicator framework: dynamic, resilient local economies Reporting frequency Indicator Measure Trend or target Economic diversity Number of new Increase Five-yearly from 2007 businesses Other indicators could include: Reporting Trend or frequency Indicator Measure target Economic Number of startups Increase Yearly growth Number of co-working businesses and/or Increase Yearly number of tech startups housed by spaces Amount of venture capital investment in Increase Yearly startups Amount of angel investment in startups Increase Yearly Number of tech startup IPOs or exits Increase Yearly Vibrant Number of networking and education Increase Yearly support events supported by the City of Sydney system Investment in networking and education Stable or Yearly events supported by the City of Sydney increase Number of participants attending Stable or Yearly networking and education events increase supported by the City of Sydney Feedback from participants attending Positive Yearly events or programs supported by the City of Sydney Number of startups accessing City of Stable or Yearly Sydney affordable rental space increase Global Ranking on Innovation Cities Global Increase Yearly recognition Index Ranking on Compass Global Startup Stable or Yearly Ecosystem increase
21 Performance measures and baseline data Community indicator framework: dynamic, resilient local economies Indicator Measure Trend or target Reporting frequency Economic diversity Number of new businesses Increase Five-yearly from 2007 Other indicators could include: Indicator Measure Trend or target Reporting frequency Economic growth Number of startups Increase Yearly Number of co-working businesses and/or number of tech startups housed by spaces Increase Yearly Amount of venture capital investment in startups Increase Yearly Amount of angel investment in startups Increase Yearly Number of tech startup IPOs or exits Increase Yearly Vibrant support system Number of networking and education events supported by the City of Sydney Increase Yearly Investment in networking and education events supported by the City of Sydney Stable or increase Yearly Number of participants attending networking and education events supported by the City of Sydney Stable or increase Yearly Feedback from participants attending events or programs supported by the City of Sydney Positive Yearly Number of startups accessing City of Sydney affordable rental space Stable or increase Yearly Global recognition Ranking on Innovation Cities Global Index Increase Yearly Ranking on Compass Global Startup Ecosystem Stable or increase Yearly