Case Study: EPB measures the economic impact of minority- and women-owned businesses with IMPLAN

EPB measures $63.6M MWOB economic impact with IMPLAN

EPB, a municipal utility serving Chattanooga, Tennessee, sought to quantify and demonstrate the economic impact of its long-standing program supporting Minority- and Women-Owned Businesses (MWOBs). To accurately measure this impact across multiple regions and industries, EPB utilized the economic impact analysis software and data from IMPLAN.

Using IMPLAN, EPB developed individual models to analyze its spending with 95 MWOBs over six years. The analysis revealed that EPB's investment of $42.7 million generated a total economic output of $63.6 million. IMPLAN's tools were essential in determining that this spending supported an average of 64 jobs annually across 30 metropolitan areas, with 39 of those jobs supported in the Chattanooga region itself, proving the significant value of their supplier diversity program.

EPB