Aspire Grant & Development, LLC is proud to offer our clients access to professional economic modeling software, specifically IMPLAN Professional. IMPLAN is used across the country by Federal/State Government, Research Universities, and large corporations to effectively illustrate the impact of an industry, or construction project, on the economy.
Together with the client, we examine the impacts of changes to income, in the following areas:
Labor Income Change
View the impacts of changes to payroll without affecting the paying industry’s production level.
Household Income Change
See how changes in household income from sources other than employment can affect the local economy.
Household Spending Pattern
This imported spending pattern allows you to modify the list of goods and services that each of the 9 household income groups purchases.
This data allows Aspire, on behalf of the client, to:
- Examine local economies by state, county, zip code, or custom region.
- Reveal dependencies and gaps within your supply chain and industries based on actual demand.
- Analyze the real impact of a business relocating to the area or a business closure.
- Assess the tax impacts for incentive programs.
- Quantify the economic impact of your EDC’s activity on the community.
Supporting metrics, produced by IMPLAN, allow us to produce a grant application based on proven models, used by many public grant funders at the state and federal levels. This generally results in a higher scoring proposal for our clients!