Learn / Who advances districts? / Mission Driven Organizations
A growing number of innovation districts are adopting some form of governance that leads to mission-driven organizations. These are legally independent organizations with the purpose of supporting the growth of the district.
Examples of mission-driven organizations include legally independent, not-for-profit organizations, companies limited by guarantee, associations, or development corporations.
These structures have the clear goal of growing and developing the district by addressing gaps in the ecosystem, leading physical transformation activities, or creatively delivering new innovation infrastructure (such as essential core labs and other R&D facilities). Because of their mission-driven activities, it is essential that these entities receive capital, spend capital, and generate capital to finance their work.
There are two types of mission-driven formal organizations leading districts:
Other actors advancing innovation districts
Accelerators and incubators, Other types of intermediaries, New kinds of anchors
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