Why this expertise matters today

Local economic development (LED) has become a critical focus area as governments and development partners work to stimulate balanced territorial growth, improve regional competitiveness, and enhance community-level economic resilience. Global shocks, migration patterns, regional disparities, and changing investment flows all highlight the need for grounded, evidence-based local strategies. LED initiatives help identify regional strengths, mobilize local assets, strengthen municipal governance, and create conditions for sustainable job creation. Effective LED ensures that growth is inclusive, broad-based, and aligned with the specific economic potential of each locality.

Why our firm values this expertise

Alpha Plus Consulting has accumulated extensive experience in LED through assignments that span regional diagnostics, impact assessments, SME mapping, local labor market evaluations, and support to institutions involved in regional development. Our work has helped identify bottlenecks and opportunities across regions, understand local economic dynamics, and design localized interventions. This grounding has provided the firm with a nuanced understanding of territorial development processes, enabling us to deliver tailored, actionable strategies for regions with diverse economic structures and challenges.

Selected projects

Our firm's expertise is based on many-year experience. Specifically, this particular expertise has been applied and successfully in the following selected projects:

Impact of Russia Sanctions on Georgian Economy – USAID/Integra
Assessed impacts on regions, labor markets, remittances, tourism, and firms with Russian-linked operations, with focus on local economic dynamics.

SEF Loan Demand Assessment – SEF International
Analyzed local economy, borrower characteristics, and financial service needs to inform microfinance outreach in Meghri.

Review of Domestic Financial Support Mechanisms in the Water and Sanitation Sector – OSCE (Moldova)
Provided insights into financial flows affecting territorial entities and local service provision.

“Armenia–Turkey: Reactivation of Commerce” – ICHD
Conducted economic, agricultural, and logistics assessment of Lori and Shirak marzes, and cross-border regions (Igdir and Kars).

Feasibility Study for Potential Establishment of a Model Farm – EBRD/EU BAS
Identified and analyzed clusters in four marzes, assessed willingness of farmers to cooperate, and evaluated local agribusiness development opportunities.

Market Research of Agricultural Products – World Vision BSLT
Delivered localized socio-economic analysis, identified regionally promising products, and proposed SME development actions.

Impact Assessment of IFAD Projects – IFAD/ITAD
Evaluated local-level development impacts, rural livelihoods, and socio-economic progress across six marzes.