Wisconsin Economic Development Corporation Issues Market Research RFP

The Wisconsin Economic Development Corporation (WEDC) is requesting bids from vendors interested in providing a market intelligence tool that offers integrated access to a variety of data to analyze business and industry strategy. This data mining tool should include:

• Access to company financials and transaction data;

• Tools to monitor corporate and business development activities;

• The ability to analyze supply chains supporting major global suppliers and tracking market development activities for those key players;

• The ability to provide access to market studies enabling a better understanding of the direction of industry and market global investment;

• The ability to assess the impact of changes to the global economy;

• The ability to compare companies and competitors in industry sectors and markets;

• A way to understand the methodology used to evaluate investment opportunities in developed and emerging markets and industries; and

• The ability to evaluate both public and private companies, enabling consistency in evaluation so effective comparisons can be drawn between public and private companies.

Background:

The Wisconsin Economic Development Corporation (WEDC) is committed to creating and maintaining a business climate that allows you to maximize your potential. Working with more than 600 statewide partners, including regional economic development organizations, academic institutions and industry groups, we’re enhancing our communities, supporting business development, advancing industry innovation, tapping global markets and developing a talented workforce to help Wisconsin realize its full economic potential.

MADE IN WISCONSIN OR PRODUCED IN WISCONSIN

To use any WEDC certification mark that contains the statement “Made In Wisconsin” or “Produced In Wisconsin,” all or virtually all of significant parts, ingredients and processing that go into the product must be of Wisconsin origin. In other words, your product should contain no — or negligible — non-Wisconsin content.

If you do not meet this standard, but a significant amount of parts, ingredients or processing is from Wisconsin, then you must qualify the claim. For example, you may state: “Made In Wisconsin from U.S. and Foreign Parts.

Because of your particular product or industry, you may be required to use additional or more specific language. Please consult with your legal counsel for any particular specifications that must be included for claims related to your product or situation.

BUILT IN WISCONSIN OR MANUFACTURED IN WISCONSIN

To use any WEDC certification mark that contains the statement “Built In Wisconsin” or “Manufactured In Wisconsin,” the principal assembly of the product must occur in Wisconsin AND the product’s last “substantial transformation” must have occurred in Wisconsin.

In addition to meeting the above standard, if the assembly or manufacturing of the product occurs in Wisconsin using non-Wisconsin parts or ingredients, you should also qualify the “Built in Wisconsin” or “Manufactured In Wisconsin” claim. For example, you may say, “Built In Wisconsin from U.S. and Foreign Parts.

Because of your particular product or industry, you may be required to use additional or more specific language. Please consult with your legal counsel for any particular specifications that must be included for claims related to your product or situation.

Scope of Work:

Specific services to be provided include:

1. Use a variety of industry classifications to allow comparison to the NAICS system.

2. Offer access to data on more than 4,000,000 global private companies, with verified market intelligence background information.

3. Offer downloadable market and industry studies, with contributors providing third-party research.

4. Offer a data quality guarantee. Vendors must maintain confidentiality regarding WEDC and employee information.

Vendors interested in providing services to WEDC should submit a bid by the end of business on Jan. 31, 2020, to Vincent Rice at vincent.rice@wedc.org. Bids should include the following information:

1. The vendor’s ability to provide the above-outlined services;

2. The vendor’s experience providing related services;

3. The vendor’s access to private company information; 2

4. References from clients to whom the vendor has provided similar services; and

5. The cost of services on an annual per seat basis, as well as any costs for market research downloads. Selection will be granted to the vendor that provides the best value to WEDC, and will be evaluated based on the vendor’s ability to accommodate the above stated requirements, the vendor’s experience providing related services, and the vendor’s cost proposal. WEDC may review the vendor’s website as a tool for evaluating bids.

Due Date:

Jan. 31, 2020

Address:

Vincent Rice at vincent.rice@wedc.org.

Relevant agencies include Zeno Group and Edelman PR.

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