GCRPC Comprehensive Economic Development Strategy

Public comments on the Golden Crescent CEDS 2020-2025 are welcome at any time. Any public comments received by Friday, February 28, 2020, will be addressed by the Regional Economic Development Advisory Committee (REDAC) in the forthcoming Golden Crescent CEDS 1-Year Progress Report, 2020.What is an Economic Development Strategy?

Golden Crescent CEDS 2020-2025 Public Comment Form

What is a Comprehensive Economic Development Strategy (CEDS)?

A Comprehensive Economic Development Strategy, or CEDS, is an annually updated dynamic document continuously utilized as a guide to achieve agreed upon regional economic development priorities, objectives, and goals. A CEDS is required by the US Department of Commerce, Economic Development Administration (EDA) for the maintenance of a region’s federal Economic Development District (EDD) designation. At a minimum, a CEDS is required to include the following under Title 13 of the Code of Federal Regulations, Section 303.7:

• A summary of economic development conditions of the Region
• An in-depth analysis of economic and community development strengths, weaknesses, opportunities, and threats (commonly known as a “SWOT” analysis)
• Strategies and an implementation plan to build upon the Region’s strengths and opportunities and resolve the weaknesses and threats facing the Region, which should not be inconsistent with applicable State and local economic development or workforce development strategies
• Performance measures used to evaluate the Planning Organization’s successful development and implementation of the CEDS

Links

Previous GCRPC CEDS (Contact staff for more information)
2018/2019 Golden Crescent CEDS Update
Golden Crescent CEDS 2020-2025