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  ECONOMIC FEASIBILITY STUDIES
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 NorthStar Economics has completed feasibility studies for a variety of clients.  Executive summaries for some of these studies are available below.  To download or view the featured publications, click on the cover pictures or titles below.  Executive summaries are in Adobe PDF format.  If you do not have Adobe Acrobat Reader, click below to download the software. 

 

If you would like copies of the complete reports, please contact us.  For more information about our economic impact studies and other services for higher education institutions, please consult our Services page.

“I enjoyed working with Northstar Economics on our recent Incubator Feasibility Study. David Ward is a real professional. He was totally objective as he carefully dissected and analyzed our market to give us the assurance that we could support such a facility. The entire team was impressed with their professionalism and promptness. Even though the project involved coordinating dozens of outside interviews, they did what they said they would do and they did it on schedule.”

- Gary A. Nadolny, Executive Director / CEO
  Marinette/Menominee Area Chamber of Commerce

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INCUBATORS:
Marinette Incubator Feasibility Study was commissioned by the Marinette Area Economic Development Corporation (MAEDC).  Our study concluded that there is substantial community support for creating a business incubator in the Marinette area, that there is substantial evidence of entrepreneurial activity in the Marinette area, and that such activity can be supported and increased through a business incubator.   The Marinette Area needs a mixed-use business incubator that includes a physical space, shared services and business support services for tenants and for other businesses in the Marinette area.  This study concludes that such an incubator is economically feasible.
Heart of Wisconsin Incubator Feasibility Study was commissioned by the Heart of Wisconsin Business and Economic Alliance in Wisconsin Rapids.   In response to a shift in the regional economic structure and a change in the employment situation in the last several years, a business incubator was embraced as a vehicle to help start and grow new businesses in the area.  In cooperation with Barrientos Design & Consulting, we gathered data and conducted interviews before reaching the conclusion that a business incubator in Wisconsin Rapids is both desirable and feasible.   This study explored the feasibility of a variety of sites and culminated in a recommendation to establish the facility at a particular site.
HEALTH CARE:

A Tri-State Regional Health Systems Research Institute: A Feasibility Study,  a study commissioned by the La Crosse Medical Health Science Consortium, Inc., was designed to assess the feasibility of developing a Health Systems Research Institute associated with the Health Science Center in La Crosse, Wisconsin.  The mission of the proposed institute is to provide expanded opportunities for education; to foster cutting edge research and development; and to promote commercialization of technology-based innovations in biomedical, environmental and life sciences through business incubation.  The study proposes a development strategy based on leveraging the existing assets available in the region, with a goal of creating clean industries and livable wage jobs.

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