Economic Studies

Economic
Studies

POLICOM Corporation's economic studies are "tools" which communities use to build stronger local economies. Written in an understandable manner, community and business leaders can immediately fully understand the condition of their local economy and follow a logical path to improve the situation.

Typically created for economic development organizations, county, state and regional governments, and Chambers of Commerce, the series of studies are used to plan, based quantifiable information and data, the economic future for an area.

Introducing
The Flow of Dough
In your local economy.
For info, click here.

Since 1998, POLICOM has created more than 150 studies for communities, state associations, and private businesses which address the condition of a local economy and how to improve it.

The core studies, beginning with the Historical, Comparative Economic Analysis, are linked providing a step by step process from understanding the economy to verifying if you are improving your economy.

Specialty studies can also be created which address a specific issue or problem faced by an area.

The following is a brief description of POLICOM's core studies.

TO DOWNLOAD A PDF VERSION OF A DETAILED DESCRIPTION OF ALL POLICOM STUDIES AND PRESENTATIONS, CLICK HERE.

Studies

Fee

Historical, Comparative Economic Analysis

Discover the true essence of your local economy, is it growing or declining and what is causing this to happen. The analysis presents a 25-year economic history of the study area, visually and numerically, so you can quickly understand where the economy was in the past, and where it is today, and how it compares to the rest of the nation.

Section 1 - Components and History
Section 2 - Level of the Economy
Section 3 - Comparative Analysis
Section 4 - Resource Data

$6,500 – $12,500

Each study includes, in Section 3 - Comparative Analysis, the study area and four comparison areas of the client's choosing.

Download PDF Version of an actual study:

Section 1
Section 2
Section 3
Section 4

Economic Development Goal Setting Study

Don’t let chance determine your area’s economic future. Set an economic goal with annual employment and wage milestones, which, when achieved, will increase the size and improve the quality of your economy.

$6,500 - $12,500 plus the cost of the Historical, Comparative Economic Analysis.

Download PDF Version of an actual study:

Goal Study

Target Industry Study

Every economic development organization has limited time and financial resources. Focus on those industries, which are most likely to locate to or expand in your area which will help you achieve your economic goal.

$15,000 - $35,000 based upon the size of the economy, plus the cost of the Goal Setting Study.

Business Incentives Qualification Program

By having a system in place to pre-qualify a company for potential incentives, economic developers can negotiate with clients in good faith. This is typically included in an Economic Development Plan.

$2,500 to $4,000 depending on time required.

Community Economic Development Plan

POLICOM, utilizing the information gathered in its studies and with the input of community leaders, creates a step-by-step program to follow which implements a comprehensive economic development program for the community.

An "Economic Summit" is held which produces important ideas and opinions from the community regarding the strengths and weaknesses of the area and the most important economic issues facing the area. A special workbook (CLICK FOR SAMPLE) is provided to each attendee prior to the event.

$15,000 - $45,000 plus cost of Historical, Goal, and Target Studies. Includes Business Incentives Qualification System.

Economic Development Performance Evaluation

Now, an independent third party can determine if you met your economic development milestone.

$6,000.00 to create initial matrix. Between $2,500 and $3,500 for annual evaluation.