Economic Development

Measuring the demand by locals, students, regional visitors, and travelers for feasibility studies, we’re helping communities and companies, from craft breweries to retail centers, drive investment decisions based on research and data.

Regional economic development organizations looking to attract new or growing businesses to their community need to have fully developed available sites and data that demonstrate the return on investment of public funds for development. Our work demonstrated the benefits of a multimodal transportation center through resident benefits, increased consumer activity, and a positive impact on property values.

Our services include:

  • Economic Impact of Infrastructure Investments
  • Economic Impact of Defense Spending
  • Return on Investment
  • Economic Impact of Economic Development Incentives
  • Strategic Planning for Regions
  • Strategic Planning for Targeted Industries, Technologies, and Clusters
  • National and Regional Economic Forecasts

Our WOrk

EconomicDevelopment

We collected regional demographic and visitor profile data to analyze the size, economic impact and market potential of Fields of Gold, a regional agritourism initiative.

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InfrastructureInvestment

We developed an analysis to demonstrate a return on investment of a bridge project at a border crossing from Canada to Michigan, as an economic driver for the Blue Water region via tourism, economic development, education, and health care.

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IndustryCluster Analysis

We analyzed the Fredericksburg regional economy to enhance the region’s target marketing efforts by identifying six priority industry clusters showing significant opportunity for growth.

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What can Chmura do for you?

We can provide the data and analyses to help attract businesses to your area, stimulate growth and development, and show a return on investment.