Economic Development
Meaningful economic development is the result of deep regional understanding, strategic planning, and targeted actions. We have a proven track record of supporting economic development organizations to drive employer and employee attraction, retention, and expansion. Our multifaceted strategies draw from macroeconomic indicators and incorporate granular, community-specific data and stakeholder engagement. We specialize in formulating comprehensive frameworks for economic growth, including Comprehensive Economic Development Strategies (CEDS), as well as regional and local plans.
Economic Development Strategy
Crafting economic development strategies requires deep and broad engagement with community members including residents, non-profits, local governments, and industry groups. It also requires a thorough understanding of regional economic development and macroeconomic forces. BW Research is uniquely positioned to help regions devise economic development strategies by pairing our expertise with robust research, outreach, and engagement methodologies, and synthesizing findings into cohesive and actionable strategies.
Supply Chain Analyses
BW Research has conducted a range of supply chain studies across a variety of technologies. Our team has helped private organizations considering site selection, and public organizations building a regional strategy around Tier 2 manufacturing. Our deep knowledge of industry-specific needs, economic and workforce indicators, and regional comparative advantages mean that we are well-equipped to quickly evaluate supply chain strengths and weaknesses.
Economic Impact Assessments
With billions of dollars being invested around the country, it is important to understand the workforce and economic impacts of these sizable investments. Our research team is also able to translate the high-level impacts into more actionable information by translating these findings into granular occupations and clean energy specific activities. We are also then able to connect those granular estimates into actions and policies that can help regions prepare for the anticipated workforce and economic demands.