Services
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Economic Impact Analysis
Economic impact analyses are used to estimate the total impacts (direct and indirect) in terms of output/sales, jobs, payroll and taxes associated with a project, policy or event in a specific area – from a zip code to an entire state. Businesses, economic development organizations as well as governmental entities use our economic impact reports to make informed decisions about securing business incentives, changing zoning, demonstrating the positive impacts of an organization's work on a targeted area, and justifying public sector return on an economic development investment.
Economic Development Advisory Services
We lien on our corporate site selection experience to develop strategies that take advantage of a community's unique competitive advantages to effectively compete for targeted business investment opportunities. With our economic development advisory engagements, we help communities and development organizations design, implement, and manage their business retention, expansion, and attraction strategies. Whether you have professional economic development team members on staff or not, we can provide you the resources and guidance you need to realize your economic development goals. Our goal is to ensure that your community is in the best possible position to realize stable, sustainable growth. Our clients appreciate our extensive experience, professional network, and ability to provide creative economic development solutions.
Workforce Development
An engaged productive workforce is the foundation for economic success. We are proud of the creative workforce development strategies, programs, and tools that we have developed with our economic development, non-profit, and education clients to help them improve the current and future workforce in their areas. From customized internship, apprenticeship, and job shadowing programs to technology driven job boards to industry/education partnerships to reentry employment programs, we have the experience needed to help you design and implement custom workforce development tools for your community.
Business Incentives
We have a proven track record of securing valuable state and local incentives for businesses from many different industries and of varying sizes to strengthen our clients' return on investment as well as the economic competitiveness of the communities in which they locate. We have experience in most states with business incentives such as property tax abatement, discretionary and infrastructure grants, job creation and retention tax credits, training grants, tax increment financing, new market tax credits, port authority financing, sales tax rebates, and more.
Identifying and Securing Grant Funds
The number and type of grants available from federal, state and local governments is immense and the competition for funding is even greater. Mb3 works with clients including government entities, non-profit and academic organizations, and for-profit businesses to identify appropriate grant opportunities, prepare competitive applications and manage funded projects.