Sea Grant Economic Impacts Online Valuation

Sea Grant is an organization that has a history of working closely with water-dependent businesses and has documented a number of examples where research, extension and/or training programs have resulted in increased economic activity in the private sector, including the creation or expansion of businesses and jobs. Yet there has not been a systematic survey in the Gulf region to assess the full scope of these economic impacts.

This preliminary study provides general information about the economic contributions and benefits to industry resulting from research, education, extension and outreach (REEO) efforts of the Gulf of Mexico Sea Grant Programs.  The study is a critical first step in conducting a future systematic assessment of the economic benefits resulting from Gulf of Mexico Sea Grant programmatic efforts.

The results of the online valuation will be used to estimate the marginal economic impacts of the Economic Impacts of Sea Grant Research, Extension, Education and Outreach Programs. The results of the online valuation will be used to compile the following economic benefits received by households, private businesses, government offices and non-profit organizations from the results of this project:

  1. Annual Gross Sales
  2. Annual Household Savings
  3. Annual Labor Income
  4. Willingness to Pay

The online valuation will ask you to identify the benefits received by your household, private business, government office or non-profit organization from this project.

Please participate in a short online valuation of the Economic Impacts of Sea Grant Research, Extension, Education and Outreach Programs by clicking this link -https://www.surveymonkey.com/s/sgeiv.