Case Study: Cape Coral boosts its local economy with Polco's incentive program insights

Cape Coral boosts economy metrics by up to 21% with Polco

The city of Cape Coral faced the challenge of growing and diversifying its local economy, which was dominated by small service-oriented businesses and hindered by limited commercial space and complex utility installation requirements. Using data from Polco's National Community Survey (NCS), the city identified the economy as its residents' top priority.

Cape Coral implemented Polco's engagement tools to guide the creation of the "Cape Competes" incentive and grant program. This solution, aimed at attracting new businesses, contributed to significant improvements measured by Polco's surveys. The city saw a 14% increase in ratings for economic health, a 21% increase in the quality of businesses, and a 13% rise in economic development approval, ultimately earning a Voice of The People Award for Transformation in the Economy.

Cape Coral