The Bikes Belong foundation recently awarded $62,500 in grants to seven communities and organizations. $7,500 of that was awarded to the University of Minnesota:
Bike-Share Station Local Economic Activity Study (Minneapolis, MN)
This study will analyze the impact of Nice Ride station usage levels on local consumer-oriented business activity. With the help of this $7,500 grant, University of Minnesota researchers will survey and interview businesses within a quarter-mile of selected stations for information about changes in sales and in the number and type of customer visits. They will also include questions in the Nice Ride subscriber survey about expenditures and use of the bike share system. The data will help the team evaluate bike share station impact on local businesses and, more broadly, in the Twin Cities area.
The rest of the grants awarded can be found here.