Number of businesses that increased their revenue from new or improved products, services or production processes
Definition and Methodology
Total number of supported businesses that record an increase in revenue attributable to new or improved products, services, or production processes developed or enhanced with grant support. This indicator measures the extent to which investments contribute to business growth and market performance.
A business is counted if:
a. Revenue increase: Revenue generated from the supported new or improved products, services, or production processes in the reporting year exceeds the revenue generated from the same products/services/processes in the previous year; and
b. Attribution to support: The observed increase in revenue can be reasonably attributed to the investment supported by the Grants.
Key Information
Unit of measurement
Cumulative number
Example Data Source
Certified yearly balance sheets PP records
Customizable
No