PROGRAM GOAL:  For the Trade Adjustment Assistance program, engage with manufacturers impacted by foreign competition.

 

WDB NEED:  Identify foreign-owned manufacturers at higher risk for off-shoring and may be eligible for the program.

 

EconoVue enables workforce boards to identify precise business cohorts aligned with the TAA program.    

 

Predict foreign-owned businesses with an increased likelihood of workforce instability and disruption. Target eligible foreign-owned manufacturers. The Trade Adjustment Assistance program enables workforce boards to provide aid to workers who lose their jobs or have their hours and wages reduced due to increased imports. Succeed when the workforce is trained, stabilized, or reemployed.

DISASTER RECOVERY GOAL:  Prioritize Post-Disaster Business Recovery Support for Impacted Businesses.

 

WDB NEED:  Identify higher-risk businesses in a hurricane-prone area and prioritize them for the post-impact availability of disaster assistance programs and resources.

 

EconoVue identifies companies within a designated disaster impact area in seconds, enabling WDBs to facilitate rapid response and business continuity.    

 

Predict the likelihood of employer and workforce instability and business disruption in a disaster zone. Business recovery is essential to supporting these businesses as they recover from adverse events. Target eligible entities to offer assistance to businesses through grant funding. Succeed when businesses normalize business operations and return to steady-state prosperity.

PROGRAM GOAL: Understand the impact of a major supply chain layoff. 

 

WDB NEED:  Know the industry suppliers that may be disrupted by a closed manufacturer.

 

EconoVue pinpoints primary suppliers affected by a large plant closing in seconds, so WDBs can engage early to offer critical support through available programs.

 

Predict which industry suppliers will be impacted by a manufacturer closing in my community. Target affected suppliers in the supply chain showing signs of decline to offer assistance. Succeed when businesses recover from significant business losses.

Supply Chain

PROGRAM GOAL:  Business retention of growing businesses within your community. 

 

WDB NEED:  Identity businesses ready for expansion.

 

EconoVue pinpoints expanding companies showing early signs of growth in seconds so WDBs can assist in the expansion or relocation – and ultimately, retention within the community.

 

Business Retention is crucial as you predict which businesses are growing and likely to expand in the coming months. Target those businesses and discuss how to expand and relocate within the existing community. Succeed when business is relocated to larger space, employees are retained and upskilled.

Retention

PROGRAM GOAL:  Accelerate small business expansion and growth. 

 

WDB NEED:  Find stable companies in the early stages of expansion.  

 

EconoVue pinpoints eligible companies with less than 50 employees for the business growth program in seconds, allowing WDBs to engage, enroll,  and assist small employers in their communities
more successfully.

 

Predict which businesses are stable and looking to expand operations in your community. The small business expansion program plays a key role in supporting stable, low-risk companies as they expand or relocate within the workforce area. Succeed when small businesses expand and grow to the next level.

Expansion