Economic Impact Analysis

An essential component of our fundraising process or a standalone service to evaluate a specific project, NCDS' Economic Strategy Center helps you document and prove your value and impact to your community, elected officials, and business sectors that rely on the local economy.

Make Your Case with Objective Data

Emotional appeals have their place in fundraising, but community and economic development initiatives must make a business case to secure capacity-level investments. Every NCDS campaign includes an economic impact analysis - using IMPLAN® economic modeling - that shows the impact of your efforts in business terms.

Jobs, consumer spending, bank deposits, business output, and tax revenues are some of the measures we use to make your case, and the reason we consistently secure six and seven-figure commitments from sources that have never given more than "token donations."

Sample Economic Impact Analyses
Looking Back
Looking forward

Your Community, Your Impacts

Every economic impact analysis is customized to your community, using IMPLAN® data at the city, county, or MSA level. And we project impacts based on your specific goals (jobs, target industries, wage rates, capital investment, etc.). The result is a powerful fundraising tool that will elevate the sights of your investors and transform a request for money into an opportunity to invest in shared growth and prosperity.

Our skillful use of this tool, along with robust prospect research, allows us to present a compelling ROI to most prospects, including some who may not even be members or current supporters. Let us show you why our clients - and their investors - love this approach, and how we might secure new or increased commitments from your banks, your hospitals, your car dealers, or your local government.

Together, we can transform your community.

Contact us today for professional fundraising services that will change the way you pursue economic and community development.

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Measure Your Impact, Communicate Your Value

If you are considering embarking on a capital fundraising campaign, you may be wondering how much impact your new initiatives, and the new funding needed, will make on your community. We'll work with you to establish the right goals and metrics that are attainable and will deliver value to your investors. Even our clients in smaller communities can usually project enough impact to merit multi-million dollar funding campaigns.

NCDS' economic impact analysis is available to any organization - even those we don't raise money for. We can forecast the impact of a proposed community project, or prove the value of one that already exists. Ask us about our work for hospitals, higher education, research parks, and sports facilities. And we go beyond just a comprehensive economic analysis, helping you select and convey the data that will prove the project's (or your organization's) value to public and private stakeholders.

Hear it from Our Clients

"The WDC's successful $3.5 million capital campaign under the leadership of NCDS marks the beginning of a new stage of advancement for our organization. The team effort - from developing our economic development blueprint to the GROW Watertown 5-Year Strategic Plan - laid the groundwork. And now area business leaders have shown their confidence by rallying behind the WDC so it can help implement our 5-year strategic plan for growth. The WDC is already having a meaningful impact on business development efforts in our area as companies are no longer viewing their contributions as a donation, but an opportunity to be part of building a stronger and growing community."

Chris Schilken

Executive Director Watertown Development Company