Year

2008

Abstract

This report estimates the contribution to the Kalamazoo-Portage MSA's economy by businesses that have received substantial assistance from Southwest Michigan First (SMF), a private, not-for-profit economic development agency serving the greater Kalamazoo region. The report examines the trends in employment, gross regional product, and wages and salaries generated by the 105 firms that SMF staff identified as receiving substantial assistance from SMF between 2000 and 2008. The estimates extend through the year 2012 in order to capture the employment projections offered by some of the assisted firms. The study also provides upper bound estimates of the benefit-cost ratio of the effectiveness of SMF on the region's economy.

Issue Date

September 2008

Subject Areas

ECONOMIC DEVELOPMENT; Regional policy and planning; Michigan studies

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Citation

Erickcek, George A., and Randall W. Eberts. 2008. "Economic Impact of Businesses Assisted by Southwest Michigan First." Report prepared for Southwest Michigan First.