Restricted Research - Award List, Note/Discussion Page

Fiscal Year: 2023

1855  The University of Texas at El Paso  (143743)

Principal Investigator: Maldonado,Mayra G

Total Amount of Contract, Award, or Gift (Annual before 2011): $ 299,989

Exceeds $250,000 (Is it flagged?): Yes

Start and End Dates: 4/1/23 - 12/31/26

Restricted Research: YES

Academic Discipline: Hunt Institute

Department, Center, School, or Institute: Hunt Institute

Title of Contract, Award, or Gift: ONE-STOP SHOP BUSINESS CENTER: DATA ANALYTICS, PERFORMANCE METRICS, AND ECONOMIC IMPACTANALYSIS

Name of Granting or Contracting Agency/Entity: CITY OF EL PASO

CFDA: 21.027

Program Title: CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS

Note:

For this proposal, the Hunt Institute will compile data on similar local and state business hub projects in the United States, both historic and current examples, to create the metrics needed to measure the performance of the one-stop shop. These measurements of performance will weigh against the average performance and demographics of small businesses to determine the eicacy and impact of the one-stop shop. The research team will use these metrics to design entry and exit surveys for the counseling sessions conducted by the one-stop shop to measure the performance of businesses that seek assistance as well as the one stop shop's impact on the region overall.The Hunt Institute will make the volume of data provided by the one-stop shop more accessible and usable by synthesizing the profile of these new or established businesses with respect to demographics, number of employees, stage of their business, location, and needs and limitations. The analysis will help the Institute create fact sheets, dashboards, recovery assessment reports, and maps of served and underserved areas in El Paso. These tools will aid the development of business intelligence reports, market assessments, and data visualizations for the following topics:Revenue gains or losses Workforce development needs. Needs and limitations (financial/digital literacy, web development, tax assistance, and others). Post COVID-19 recovery assessment reports. Business segmentation reports in El Paso by sector, gender, number of employees, and location. Estimated tax revenue. Finally, the Hunt Institute will conduct an economic impact analysis to assess the impact of the one- stop shop in the regional economy. The impact will include the direct, indirect, and induced effects in output and employment of the one-stop shop business center in El Paso as well as the impact in tax revenue and sales resulting from the one-stop shop.

Discussion: No discussion notes

 

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