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About Social Compact’s Drilldown Profiles
Social Compact advances its mission to facilitate public and private investment in underserved urban communities through its DrillDown profiles, established to provide up-to-date profiles of market size, strength, and stability for small, dense, and rapidly-changing urban geographies often overlooked. Social Compact’s DrillDown profiles address key barriers to private investment in and around inner-city neighborhoods: a lack of information and negative stereotyping. Accordingly, they serve as a critical resource to community organizations, federal and local government, and private sector decision makers.
DrillDown profiles combine Social Compact’s many innovative economic and demographic methodologies into a powerful information package unique in scope, breadth and accuracy compared with conventional inner-city economic analyses. These profilesunearth new and previously overlooked investment and development opportunities in underserved urban areas. DrillDown profiles have consistently found inner-city communities to be larger, safer and with far greater buying power than indicated by standard market information sources.
Social Compact began partnering with local municipalities and investors to apply its DrillDown market analysis methodologies to inner-city markets in 1998. Unlike conventional market analyses using methodologies based on census-derived information and macro-level data sets, DrillDown analyticss are calibrated to measure the changing, diverse and often informal spectrum of economies in inner-city areas.
The DrillDown profile does not build on outdated decennial federal census data, but draws from real-time, transactional local market sources like local tax assessment information, , building permits, and utility usage. And the DrillDown profiles informal, or cash, economy model integrates data on banking penetration, bill payment patterns, and consumer expenditures to capture a more robust picture of a neighborhood’s economic health.
Once completed, a DrillDown profile offers a unique and incredibly powerful tool for economic and community development. Information in the profile fills in the economic and demographic blanks that investors struggle to understand and negative stereotypes perpetuate. Built with rigorously tested and proven data, DrillDown profiles have provided municipalities, retailers, developers, community leaders, and others a potent and marketable argument for investment in more than 350 neighborhoods across the country.
Social Compact continues to measure the impact of its profiles in order to innovate new ways to best leverage their effectiveness, identify successful and unique partnership structures, and develop additional indicators of community opportunity.
Social Compact stands at the forefront of identifying the market potential of underserved urban communities and demonstrates that public-private partnership involving community members and leveraging private investment remains the most sustainable form of community economic development.
DrillDown profiles combine Social Compact’s many innovative economic and demographic methodologies into a powerful information package unique in scope, breadth and accuracy compared with conventional inner-city economic analyses. These profilesunearth new and previously overlooked investment and development opportunities in underserved urban areas. DrillDown profiles have consistently found inner-city communities to be larger, safer and with far greater buying power than indicated by standard market information sources.
Social Compact began partnering with local municipalities and investors to apply its DrillDown market analysis methodologies to inner-city markets in 1998. Unlike conventional market analyses using methodologies based on census-derived information and macro-level data sets, DrillDown analyticss are calibrated to measure the changing, diverse and often informal spectrum of economies in inner-city areas.
The DrillDown profile does not build on outdated decennial federal census data, but draws from real-time, transactional local market sources like local tax assessment information, , building permits, and utility usage. And the DrillDown profiles informal, or cash, economy model integrates data on banking penetration, bill payment patterns, and consumer expenditures to capture a more robust picture of a neighborhood’s economic health.
Once completed, a DrillDown profile offers a unique and incredibly powerful tool for economic and community development. Information in the profile fills in the economic and demographic blanks that investors struggle to understand and negative stereotypes perpetuate. Built with rigorously tested and proven data, DrillDown profiles have provided municipalities, retailers, developers, community leaders, and others a potent and marketable argument for investment in more than 350 neighborhoods across the country.
Social Compact continues to measure the impact of its profiles in order to innovate new ways to best leverage their effectiveness, identify successful and unique partnership structures, and develop additional indicators of community opportunity.
Social Compact stands at the forefront of identifying the market potential of underserved urban communities and demonstrates that public-private partnership involving community members and leveraging private investment remains the most sustainable form of community economic development.
Drilldown Video
