For economic development organizations
The analyst your board thinks you already have.
What is changing in our economy that my board should know about?
Economic development organizations are rarely short of data and almost always short of the analyst time to turn it into something defensible. MIQ Studio gives your existing team an analyst built to a standard you can put in front of your board. Build the attraction case, prepare BRE visit briefs, refresh the target industry strategy, and produce the board report. Compare your region against the metros genuinely competing for the same projects, with the basis of comparison stated.
Business attraction
- Build the business case for why a target company should locate in the region.
- Compare the region against the competing metros and counties actually bidding for the same projects.
- Analyze labor availability, occupations, wages, skills, commuting patterns, demographics and industry concentration.
- Generate company-specific briefing books before recruitment meetings.
- Research the prospect's current location, so the meeting opens with what they are missing there.
- Answer prospect questions in the same week instead of commissioning a new study.
Business retention and expansion
- Prepare company visit briefs showing employment, industry trends, workforce conditions and local market changes.
- Track major employment and establishment changes.
- Analyze the workforce constraints local employers report.
- Produce BRE program reports for boards and funders.
Target industry strategy
- Identify emerging and declining clusters.
- Analyze supply chains and adjacent industries.
- Compare regional specialization against a chosen peer set.
- Evaluate whether a proposed target industry actually fits the local economy.
- Refresh the target industry analysis annually without recommissioning it.
Trade missions and market selection
- Compare candidate markets before committing a travel budget.
- Identify where the companies in your target industries are actually concentrated.
- Build the delegation briefing book for the market being visited.
- Assess which markets have the industry mix that fits your pitch.
Board and stakeholder reporting
- Monthly or quarterly economic conditions reports.
- KPI dashboards tied to the organization's strategic plan.
- Automated board briefings, built the same way every cycle.
- Watches for major labor market or industry changes.
When more analytical capacity changes the work
A board member asks a question that needs an answer this week. A company you are talking with wants evidence about its industry and workforce needs. A retention conversation raises a question the team did not anticipate. A regional partner challenges an assumption. A strategy update needs current evidence instead of last year's report. A project needs a credible comparison with peer regions.
What your board and your budget need to see
Every figure carries its source and the period it covers. You review, verify and own the work before it is published. MIQ lets you reduce what you commission: it handles the recurring analytical work, and you keep consultants for genuinely novel strategy.
Go deeper
The use cases behind this work.
Which MIQ fits
Most economic development teams work in MIQ Studio. If your IT or security team needs MIQ inside your own environment, ask about MIQ Enterprise Studio.