Article: Making an impact: from promoting goodwill to helping win grants, economic impact studies do more than just report the bottom line.

WHEN OFFICIALS AT HARRISBURG UNIVERSITY of Science and Technology (Pa.) commissioned an economic impact study in 2001, they admit that at the time there wasn't much impact to report.

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Harrisburg was starting from scratch, hoping to build a bricks-and-mortar university from the ground up. But like any struggling startup, the school needed an infusion of cash--and a reason for grantors and legislators to open their pocketbooks.

With the help of Kaludis Consulting, a Washington, D.C.-based national consulting firm that has worked with hundreds of other schools on economic impact studies and financial strategy projects, ...

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