Industry Cluster Analysis
To promote economic diversification, TIP helps communities and regions identify industry sectors best suited for targeted recruitment and development efforts. We use a three-pronged approach relying on quantitative and qualitative analysis combined with a strategic perspective. Our industry assessments consider the full complement of economic activities, including both traditional and non-traditional sectors. We also consider the physical infrastructure (such as industrial parks and available sites, utilities, and transportation networks) and the business climate required to support those activities. Once the target industries are identified, we prepare detailed industry profiles that allow for effective targeted recruitment.
We provide our industry cluster analysis services both on a stand-alone basis and as part of a larger strategic plan.