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  1. Events
  2. 2024 Minority Emerging Technologies And Industries Firm Year Award

2024 Minority Emerging Technologies and Industries Firm of the Year Award

Eric S. Trevan, Ph.D. Headshot

Presented to a minority-owned firm that has achieved outstanding success in promoting the use of technology in new and innovative ways, leading to greater efficiency and higher productivity.

Minority Emerging Technologies and Industries Firm of the Year is presented to aLocal.

aLocal. Changing the way all economic decisions are made!

aLocal is an AI Market and Economic Analytics software platform. Founded in 2019 to address high-cost analytic solutions as well as timely economic information, aLocal was created to ensure there is parity and equity with all stakeholders involved in economic decisions. aLocal is especially proud to be a Native owned company. As the most awarded AI economic impact software over the past year, aLocal offers comprehensive economic advising services, software development and net economic impact analysis (netEI) through its market and economic analytics software. aLocal is able to work with all communities, companies and organizations of any size and is instrumental for all potential economic decisions.

aLocal was built on Data Equity, and also focuses on Data Sovereignty, Good Data and Data Diplomacy to provide high-end econometric analytics that are accessible, available, affordable, and accurately represent all communities. Using a modified input/output algorithm for economic forecasting, aLocal uses economic data but also includes financial and community data. Serving as an analytics clearinghouse instead of a data clearinghouse, aLocal provides forecasts on market/industry demand, revenue and employment, economic leakage, economic impact, housing demand (including affordable housing), profit/loss statements, balance sheet and other key financial ratio data. The software is equipped with the innovative technology to aggregate and interpret data in ways that serve unique economic needs while providing equity and parity throughout the economic decision process. aLocal uses proven algorithms focused not only on macro-economic impacts but understanding how multiple systems in the community and the surrounding areas help predict economic demand in your community.

The aLocal platform is used in strategic and community meetings, market analysis, feasibility studies, land use planning, research and academia, public policy, economic development strategy and financing, fiscal planning, and new business development. The aLocal team also specializes in high-end strategic economic studies using secondary, primary, and forecasted data with software developed to respond to client needs. aLocal has a great reputation working with governments, Native nations, economic development organizations, researchers, and other economic stakeholders. Additionally, aLocal utilizes a seamlessly integrated application-programming interface (API) in all of its software programs to generate real-time, easy-to-understand analytics and reports.