RCE (Rapid-Cycle Evaluation)

  • February 5, 2019

We know how important evaluation is for the success of your business, but we also know how time-consuming evaluation can be. That’s where RCE comes in. RCE is a process for evaluating changes in program operations quickly and knowing whether the changes made their intended improvements.

Traditional evaluation methods may not always meet the needs of your business. They may take too long, are costly, and can not always keep up with the development of your business. RCE, however, measures the impact of changes to program operations using a rigorous research method and relies predominantly on existing program data, which means that it focuses on results that can be observed in a short time frame. This makes it much easier for you to make quick and important decisions for you regarding your business.

RCE can be especially useful for evaluating projects that do not have long contract periods. Some projects are as short as six months, while some may last up to a year. Nonetheless, a year is not a lot of time, and you do not want to waste any of that time pursuing evaluations that may not be useful to you once they are completed.

In this case, RCE can help you identify sooner rather than later whether program components under your SBIR grant are making their intended impact. Therefore, you can make better-informed decisions of what to do with your time under SBIR. So, in the future, if you find yourself unsure of your next business move, consider trying RCE.

Ready To Take the Next Step?

We assist our clients in locating, applying for, and evaluating the outcomes of non-dilutive grant funding. We believe non-dilutive funding is a crucial tool for mitigating investment risks, and we are dedicated to guiding our clients through the entire process—from identifying the most suitable opportunities to submitting and managing grant applications.