TORONTO --- April 10, 2014 ---
This past month, colleagues from the cultural, and information and communications technology (ICT) industries gathered in Toronto and Ottawa to hear a special economic impact assessment briefing from Nordicity Partner Dustin Chodorowicz.
Creating, producing, distributing and exhibiting creative products – all have numerous valuable impacts on the economy and we want to share our methods for demonstrating impacts to your stakeholders, funders and government. Mr. Chodorowicz walked attendees through methodologies for:
Determining labour income and employment figures
Calculating contribution to gross domestic product (GDP)
Assessing fiscal impacts to government in taxes
Enhancing clients’ evaluation and reporting to funders
Leveraging findings to develop strategies for success
“Organizations in the cultural and ICT industries are increasingly employing economic impact assessments as part of their dialogue with government and citizens, and their own internal decision-making. With the MyEIA product, we can offer Nordicity’s clients a cost-efficient tool for conducting regular economic impact assessments,” explained Mr. Chodorowicz.
Check back regularly for updates on Nordicity’s MyEIA tool which will soon be available for beta testing.
For more information please contact:
Dustin Chodorowicz, Partner
Tel. +1 613 234 9429
Tel +44 (0)20 8840 5978
Nordicity is a leading consulting firm specializing in policy, strategy, and economic analysis in the media, creative and information and communications technology sectors. We apply our analytical and sector expertise to help:
Governments make better policy
Industry sectors develop and communicate value
The private sector make critical investment decisions
We have developed economic analysis tools to assess employment and GDP impacts, and to evaluate fiscal returns on public expenditures. We do business assessments and strategies for new ventures in digital media, screen-based properties, ICT and telecom industries. We understand digital media and convergence, as well as traditional media and culture. We are on top of the fast-moving wireless and mobile environment.