Meet Our Team

Matt Schmit, Founding Principal

Since 2007 Matt has enjoyed consulting and collaboration primarily in the areas of technology deployment, infrastructure investment, human capital and economic development.

Integration of 21st century infrastructure and service delivery is a primary focus of his work – and his research. For the past several years Matt has maintained active membership on the Transportation Research Board, a branch of the National Academy of Sciences.

Outside his consulting practice, Matt is an adjunct instructor of economic development at University of Minnesota’s Humphrey School of Public Affairs and serves as director of the Regional Competitiveness Institute. RCI’s dual mission is to “better understand how important inputs to economic growth and opportunity – such as infrastructure investment, service and technology integration, institutional alignment, and equitable policy – can be leveraged for competitive advantage; and to facilitate collaboration, outreach and education among key stakeholders aspiring similar ends throughout the region.”

Between 2013 and 2016 Matt represented his hometown of Red Wing and surrounding areas in the Minnesota state senate. Here, he chaired the Fish and Wildlife Subcommittee; served as vice chair of the Jobs, Agriculture & Rural Development committee; and sat on the Energy & Environment, Capital Investment, and Environment, Economic Development & Agriculture Finance committees.

During this time Matt served on the Nuclear Legislative Work Group and Commerce Committee of the National Conference of State Legislatures, the State & Rural Leaders and Great Lakes Legislative Caucus of the Council of State Governments, and the National Caucus of Environmental Legislators.

In addition, he has served on the Blandin Foundation Broadband Strategy Board, the Agriculture Utilization Research Institute Board of Directors, and the St. John’s University Board of Regents.

Prior to public service, Matt studied biology and political science at Minnesota’s St. John’s University — where he took great interest in the intersection of science and public policy. Thereafter, he attended the University of Minnesota’s Humphrey School of Public Affairs and focused his career and educational aspirations on economics and public policy – a path he has enjoyed following ever since.

Away from work Matt pursues an active lifestyle of hiking, camping, fishing, cycling and skiing. He occasionally competes in “sprint” triathlons and half marathons. Matt is an avid reader and enjoys Southeast Minnesota’s rugged bluffs, winding trout streams, and rich farmland.

Sarah Franz, Senior Associate

Sarah joined P3 Strategies shortly after completing her Master’s degree in international development studies at the London School of Economics, where she focused her research on economic development and quantitative analysis. Her main research focus was studying the efficiency of various aid modalities in producing sustained economic growth in Sub-Saharan Africa.

Outside her work at P3 Strategies, Sarah has a background in project management and business analysis in both the private and public sector. Sarah has worked with firms ranging from Fortune 500 to small-scale NGOs in Chicago focusing on refugee assistance.

Sarah brings a diverse viewpoint on economic development with on-the-ground experience spanning four continents and numerous countries.  In addition to her native English, she is proficient in French and Spanish.

Prior to her time at LSE, Sarah completed her BA in political science at DePaul University.