If you’ve wondered exactly how other economic developers use impact data to evaluate deals or to communicate their consequences to community stakeholders, then you won’t want to miss this playback from the 2016 IEDC Conference in Cleveland. Impact DataSource’s own … Read More
Author Archives: Paul
Three-way Loss: An Economic Development Lesson in the Cancellation of Triathlon Event in Torrance Beach
Canceling a scheduled triathlon event just four days before it is supposed to take place is a loss for athletes, the event organizer, and the city. While the potential was a win-win-win, a dispute over payments for traffic control and … Read More
Confessions from an Economic Development Economist
In the spirit of Economic Development Secrets, I’m going to get real real right now. I’m going to give you some insight you might not expect to hear from me. It’s okay if you don’t prepare a full impact analysis … Read More
Flexible but Focused Incentive Policy
If you’ve been following our blog or listening Economic Development Secrets, you know we’ve been talking about strategic plans. As Steve Jenkins points out, economic development strategic plans are likely outdated the day your board signs off on it. So … Read More
Impact DashBoard New Features
Hey DashBoarders! We’re back at you with some new features. Below is a list and explanation of what’s to come. There’s also an EXPLANATION VIDEO, if you’d prefer. Of course, we always love to hear from you so feel free to … Read More
Business Retention & Expansion X-Ray
Evaluating Business Retention and Expansion (BRE) projects can be confusing. How does an economic developer illustrate the value of a BRE project without shortchanging or overstating the impact? This is why we developed the BRE X-Ray tool that allows economic … Read More
Flex Your Economic Development Muscles
The formula is pretty simple: if you put in time at the gym and get your nutrition right you’ll see results – results in the form of muscles. The formula isn’t too dissimilar for economic development: facilitate new economic impacts … Read More
Don't be an April Fool: Cross your TEA before you dot your I-526
In addition to preparing EB-5 jobs reports and obtaining TEA letters, we offer EB-5 economics due diligence services. As a part of this service, we review the business plan, economic impact study, and the TEA letter for consistency and point … Read More
Indiana Municipal Power Agency's Impact DashBoard Model
Indiana Municipal Power Agency partnered with Impact DataSource to develop a customized Impact DashBoard model for its members. Impact DashBoard is the only impact model developed specifically for Economic Developers. It will estimate the economic and fiscal impact of new … Read More
What's My Multiplier?
My dad was a high school math teacher and when I was growing up I knew that if I had a question about my math homework, I should just ask my mom. You see, I wanted to know enough to … Read More