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Developing a High-Quality & High-Impact CEDS

                   HUD PROSPEROUS PLACES WORKSHOP
                   SALT LAKE CITY, UT
                   MARCH 26, 2013
http://www.knowyouregion.org




                               This presentation is based on work supported by the U.S. Economic Development
                               Administration (EDA) under Agreement No. 99-06-07548 and is part of the Know Your
                               Region project. Any opinions, findings and conclusions, or recommendations expressed
                               in this presentation are those of the presenter(s) and do not necessarily reflect the views
                               of EDA or the NADO Research Foundation. The NADO Research Foundation would like to
                               thank EDA for their support with this presentation and the Know Your Region project.
Workshop Overview
 Review federal budget environment and EDA’s
 proposed changes for EDDs/CEDS
 Identify EDD approaches to doing more with
 less—integrated planning, statewide CEDS,
 and revenue generating programs
 Discuss how to make CEDS more readable and
 relevant (“comply but innovate”)
EDD/CEDS Federal Context
Lingering effects of recession +

Federal debt and budget deficit +

Pressure to eliminate duplication +

Desire to increase ROI =

Challenging environment for rural
and small metro EDDs
Upjohn survey of 5,000 IEDC members:

14% of rural EDOs & 4% of urban EDOs
were aware of EDD CEDS existence.

80% of EDOs have their own CEDS and
few have any connection to EDD CEDS.
EDA Proposed Rule Changes
                 (expected early-mid 2013)

            More emphasis on clusters and
           innovation and entrepreneurship
            infrastructure (e.g., incubators)

             Allows up to 80% for projects
          leveraging other federal resources

          Eliminates mandatory formula for
          EDD and CEDS strategy committee
            board member representation

           Prioritizes four main components
           of CEDS: (1) summary of regional
           conditions; (2) SWOT analysis; (3)
          strategy and implementation plan;
               (4) performance measures

                 Makes project list optional
http://www.nado.org/eda-requests-public-comment-on-new-proposed-regulations/
Rural/Small Metro Challenges
 Overcoming the perception that innovation
 doesn’t apply to rural economies
 Measuring and communicating impact—the
 tyranny of nominal over % gains and making
 room for jobs+ performance metrics
 Competing for resources in an environment of
 increasing pressure on federal/state agencies
 to demonstrate taxpayer ROI
Rural/Small Metro Challenges
 Marketing success stories in case studies in a
 data-driven world dominated by GPRA forms,
 sound bites, and short attention spans
 Forming partnerships and collaborating over
 large, sparsely-populated distances
 Adopting a cluster approach to development
 in a small business economy
http://www.manufacturing.gov/accelerator/2011projects.html
What does this mean for EDDs?
 Take a fresh look at your regional landscape—
 have you defined your value proposition in a
 way that positions you for future success?
 Are you sufficiently focused on value-added
 services to diversify your revenue base?
 Are you collaborating with other EDDs, UCs,
 and leveraging all your regional assets?
 Are you pursuing integrated planning?
Rural Innovation
Asset-Based Strategies
 Building on what you have, not starting from
 perspective of what you don’t have
 Focusing on innovation and entrepreneurship
 (i.e. venture development)—creating new
 opportunities for wealth creation
 Thinking creatively about regions—does your
 strategy need to function more as a network
 rather than a geography?
What makes a “region”?




Aiken Labor Shed Analysis
http://www.nado.org/growing-rural-innovation-based-economies-kansas-opportunity-innovation-network/
BUSINESS FORMATION

 Northwest Regional
  Planning Comm (Wisc.)
   1996: Very rural region with high
    UE; low wage rates.
   Had tech. assistance & some
    loan programs. Real need for
    incubator space & early-stage $.
   WI Business Innovation Corp.:
    Operates 2 RLFs and 6
    incubators. (As of 2010: 73 cos.
                                        Recipe for success.
    incubated creating 871 FTEs)        Vision + Skills + Courage +
   WI Rural Enterprise Fund:           Flexibility + Patience
    Community-based venture fund
    has launched 14 cos.
                                                    Source: TIP Strategies research for NADO
http://regionalinnovation.org




400 startups, 4,000 jobs and
$110 million in investment
Public-Private Partnerships
(Going beyond RLF…)
 Cluster initiatives—but only if there is a clear
 opportunity for value creation
 Import substitution
 Workforce training
 Market research
 GIS
Statewide CEDS
EDDs collaborating on statewide CEDS




                       Source: NADO. As of November 23, 2012.
http://ceds.alabama.gov
http://ceds.alabama.gov
http://www.nctomorrow.org
Maine State Strategy Framework


    Entrepreneurship and                    Education and
         Innovation                     Workforce Development

                               Asset Based
                             Industry Clusters
Leadership                                           Infrastructure
                 Access to
                  Capital




       Drivers of Economic Growth in Maine

                               — 33 —
                                                        © 2012 ViTAL Economy, Inc.
Maine Strategy Template - Outline

I.    Regional Vision & Sense of Urgency
II.   Regional Goals
III. Mobilize Maine Principles
     • Economic and community partner
     • Regional resource and advocate
     • Strategic action oriented
     • Grassroots civic engagement
     • Balance strategic approach
IV. Strategic Drivers of Growth
    • Education & Workforce Development
    • Access to Capital
    • Infrastructure
    • Innovation & Entrepreneurship
    • Asset Based Industry Clusters
    • Leadership
V. Appendix
                                 — 34 —
                                             © 2012 ViTAL Economy, Inc.
http://blogs.uidaho.edu/idaho-pathways
NADO’s Statewide CEDS Workspace




The statewide CEDS workspace is open to all NADO members and their regional and
state partners. For access please contact Brian Kelsey at bkelsey@nado.org. You may
need to set up a free Google account.
Discussion
 Reactions to proposed EDD/CEDS changes—
 how will they impact your organization?
 How are you navigating fiscal austerity—what
 strategies are successful in your region?
 How are you engaging the private sector in
 “21st century” economic development?
CEDS Best Practices
Ground Rules
 CEDS are unique because they reflect unique
 regions with differing EDD priorities—no one
 size fits all solution (but maybe templates)
 Every EDD has the capacity to create a high-
 quality, high-impact CEDS via partnerships
 Everybody has room for improvement and
 NADO is happy to pitch in and help
 EDA is supportive
Group Exercise
Would you do a CEDS if no
 longer required by EDA?
CEDS: Popular Complaints
 We need more money/staff/resources
 We don’t have the right expertise on staff
 EDA funds projects not listed in CEDS
 EDA doesn’t read our CEDS
 Nobody wants to participate
High Priority National Issues

          100%

            90%        87%
                                 82%
            80%                             76%
                                                   68%   67%
            70%                                                65%

            60%

            50%
                                                                     42%   42%
            40%                                                                  37%   37%   36%

            30%                                                                                    26%   25%
                                                                                                               20%
            20%

            10%

             0%




                                                                                                                     43
Survey fielded by Harris Interactive, March 2012
Market Forces Alone Are Not Enough

          Some people believe that community planning is a necessary part of
          improving the US economy and encouraging job growth, while others
          believe that “market forces” alone will help the economy and bring more
          jobs. Which of the following statements comes closest to your belief?

                                                                                                                                % Market
                                                   Market forces alone will help       Segment              Sub-Segment       Forces Alone
                    9%                             the economy and bring more                                                   Enough
                                14%                jobs                                                    Democrat               6%

                                                                                   Political Affiliation   Republican             22%
                                                   Community planning is
                                         11%       needed for economic                                     Independent            14%
                                                   improvement and job growth                              White                  15%

                                                                                     Race/Ethnicity        African American       8%
                                                   Both community planning and
                  66%                              market forces are necessary                             Hispanic               15%
                                                   for economic improvement                                Urban                  13%
                                                   and job creation
                                                                                                           Suburban               14%
                                                   Don't know                      Type of Community
                                                                                                           Rural                  23%

                                                                                                           Small Town             9%




                                                                                                                                         44
Survey fielded by Harris Interactive, March 2012
Planners Are Viewed As Key Leaders
          For Next Five Years
          Which of the following types of leaders do you think are best able to
          understand and implement changes that will make the next five years
          better than the last five in your community? Please select all that apply
                       50%
                       45%         43%             43%
                       40%
                       35%                               33%   33%   32%
                       30%                                                 26%
                                                                                 24%   23%
                       25%
                       20%
                       15%                                                                        10%
                       10%                                                                   7%
                        5%
                        0%




                                                                                                        45
Survey fielded by Harris Interactive, March 2012
CEDS: High-Quality/High-Impact
 Focuses on economic competitiveness
 Represents true regional priorities
 Showcases EDD’s value and impact
 Engages diverse audiences
 Tells a compelling story
 Motivates action
CEDS Standards of Excellence




                     http://www.nado.org/noteworthy-models-and-examples-of-eda-funded-ceds/
1. Competitive Advantage
Key Questions
 What makes your economy unique?
 What is driving wealth creation?
 What assets can you leverage?
http://clustermapping.us/
How could you use this data to engage
employers and other regional partners?
2. Collaborative Framework
Key Questions
 Does your CEDS clearly connect inter-related
 goals of economic development, community
 development, and education/workforce?
 Is your CEDS process flexible enough to link,
 leverage, and align other regional plans?
 Does integrated planning present cost savings
 or revenue generating opportunities?
http://www.resilientregion.org
http://www.resilientregion.org/region-plan/index.html
Central Minnesota SCRP/CEDS
 Work with EDA and HUD early—clearly define
 how plans add value to each other and how
 funded activities will be delineated
 Quality of place is intersection of economic
 competitiveness (CEDS) and sustainability
 (SCRP)—strategies should reflect regional
 priorities and economic realities
 EX: mileage reimbursement, trails
Make it easy for small business owners
                                 to participate—consider aligning board
                                 members for EDD/CEDS and WIB.

                                 EDDs and WIBs both need data analysis
                                 for federally required plans—why do it
                                 twice for the same regional economy?




http://www.pennyrilefuture.com
http://pennyrileheadlight.com/
http://pennyrileheadlight.com/
http://www.nado.org/aligning-strategies/
http://www.nado.org/aligning-strategies/
4/6 Strategy & Formatting
Key Considerations
(Thinking like a non-planner)
 What are the key trends affecting region?
 How can we effectively compete?
 What will you do about it?
 How will we measure impact?
EDA: Conditions | SWOT | Strategy | Measures
CEDS Formatting Suggestions
 Executive summary (3-5 pgs) that can be used
 as a stand-alone document—answers all four
 questions without consulting full plan
 SWOT—quantitative & qualitative featuring
 key influencers & implementation partners
 Strategy—S.M.A.R.T goals, implementation,
 and outcome-based performance metrics

      Note: This is based on NADO’s research of CEDS and thoughts on best practices and is not intended to represent EDA’s plans or priorities.
CEDS Formatting Suggestions
 Put everything else (economic history, orphan
 data, project list) in appendices or drop
 Project list—key regional projects should be
 clearly tied to goals and strategies in main
 sections of the CEDS document
 Create a website or at least a dedicated page
 that goes beyond posting PDF

      Note: This is based on NADO’s research of CEDS and thoughts on best practices and is not intended to represent EDA’s plans or priorities.
Would you be excited about reading this?
http://regionalcouncils.ny.gov/themes/nyopenrc/rc-files/southerntier/CU_RegEcoDevRprt_loR.pdf




     Experiment with report formats. Consider a CEDS website instead of Word or PowerPoint.
Full-page text doesn’t have to look boring.




                     http://www.houstonartsalliance.com/images/uploads/documents/The_Creative_Economy_of_Houston.pdf
Use CEDS as an opportunity to showcase local businesses.




                http://www.houstonartsalliance.com/images/uploads/documents/The_Creative_Economy_of_Houston.pdf
Avoiding using planner jargon with non-planner audiences. Even CEDS.




                                                       http://psrc.org/econdev/res/current-strategy/
Cluster data—make it real and increase buy-in
                                                                     by identifying businesses in the cluster by name
                                                                     and showing where they are located on a map.




http://regionalcouncils.ny.gov/assets/documents/rc-southertier.pdf
Think about data as a non-planner. What motivates action?

      Primary
     Issues of
    Challenge &               Southern Illinois = Benchmark, High Poverty
    Opportunity



      Highest % in          Highest poverty   Highest            Lowest %           Highest %         Highest % age
      rural region          rate              unemployment       college            enrolled in       5+ with a
                                              rate since 09/03   graduates          Medicaid          disability

               #1                 #1                #1                 #1                 #1                #1
      Highest % of          Highest % age     Highest % age      Lowest % of        Highest % age     Highest %
      population over       65+ in poverty    65+ with a         population 0-10    0-17 in poverty   households
      age 65                                  disability                                              owner burdened

               #1                 #1                #1                 #1                 #1                #4
      Highest %             Highest %         Highest %          Lowest %           Highest %         Highest % of
      households lack       households        commuting to       population work    households rent   Adults with no
      complete              lacking           work from other    and live in same   burdened          High School
      plumbing              complete          IL counties        county                               Diploma
                            kitchen

               #1                 #1                #1                 #3                 #3                #1


                                                            — 73 —
©2012 ViTAL Economy, Inc.
Performance measures should be strategy-specific and demonstrate quantifiable improvements
       in the regional economy directly attributed to the EDD’s CEDS implementation.

                                                                                        Aroostook 2015
                       Strategy                          Direct Impacts                     Goals
                                                                                         1,677 new jobs @
                                                               62 jobs (3.6%)
                                                                                              $42,000

                                                                                         1,118 new jobs @
                                                               604 jobs (54%)                 $38,500

                                                                                          Improvement of
                                                                                             6,628 jobs
                    Renewable                                                               by $5,000/yr.

                      Energy                                   $45.3M (12.4%)            $365M new wages

                     Economy                                                             Increase Internet
                                                                                           Subscriptions
                                                                                             to 37,500

                                                                                          Reach Regional
                                                                 $94.6M (3.7%)             GDP of $2.8B

                                                                                        27.7% Private Payer
           Strategic Opportunity Value                           650+ jobs with             Healthcare
                $69.9M per year                                     benefits             Reimbursements



                                         • 16 commercial installations,$19M, $2,1M savings/year
                                         • 100+ residential installations
     Measurement &
                                         • JIAC grant award, $1.9M, $1M private match
     Outcomes: 2011-2012
                                         • $1.2 NMCC Award, largest private donation in Maine history
                                         • 12x1 investment leverage
                                                        — 74 —
©2012 ViTAL Economy, Inc.
Invest the time required to communicate your impact effectively.




                              http://www.texoma.cog.tx.us/news/tcogs-fiscal-year-2011-economic-impact-statement/
http://www.texoma.cog.tx.us/news/tcogs-fiscal-year-2011-economic-impact-statement/
Group Exercise
Assignment: Critique Your CEDS
 Are your performance measures focused on
 outcomes or process? Find one example of a
 process-based measure and convert it to an
 outcome-based measure.
 Is it easy for the reader to quickly understand
 the connection between goals, strategies, and
 impact on the regional economy?
 What other changes are needed to make your
 CEDS more readable and relevant?
National Association of Development Organizations (NADO)

                    and the NADO Research Foundation

    400 North Capitol Street, NW | Suite 390 | Washington, DC 20001

Ruraltransportation.org | Knowyourregion.org | Regionalcouncilguide.org

                     202.624.7806 | Info@nado.org

                                 NADO.org

                 Regional Strategies. Solutions. Partnerships.

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Developing a High-Quality & High-Impact CEDS

  • 1. Developing a High-Quality & High-Impact CEDS HUD PROSPEROUS PLACES WORKSHOP SALT LAKE CITY, UT MARCH 26, 2013
  • 2. http://www.knowyouregion.org This presentation is based on work supported by the U.S. Economic Development Administration (EDA) under Agreement No. 99-06-07548 and is part of the Know Your Region project. Any opinions, findings and conclusions, or recommendations expressed in this presentation are those of the presenter(s) and do not necessarily reflect the views of EDA or the NADO Research Foundation. The NADO Research Foundation would like to thank EDA for their support with this presentation and the Know Your Region project.
  • 3. Workshop Overview Review federal budget environment and EDA’s proposed changes for EDDs/CEDS Identify EDD approaches to doing more with less—integrated planning, statewide CEDS, and revenue generating programs Discuss how to make CEDS more readable and relevant (“comply but innovate”)
  • 5. Lingering effects of recession + Federal debt and budget deficit + Pressure to eliminate duplication + Desire to increase ROI = Challenging environment for rural and small metro EDDs
  • 6. Upjohn survey of 5,000 IEDC members: 14% of rural EDOs & 4% of urban EDOs were aware of EDD CEDS existence. 80% of EDOs have their own CEDS and few have any connection to EDD CEDS.
  • 7. EDA Proposed Rule Changes (expected early-mid 2013) More emphasis on clusters and innovation and entrepreneurship infrastructure (e.g., incubators) Allows up to 80% for projects leveraging other federal resources Eliminates mandatory formula for EDD and CEDS strategy committee board member representation Prioritizes four main components of CEDS: (1) summary of regional conditions; (2) SWOT analysis; (3) strategy and implementation plan; (4) performance measures Makes project list optional http://www.nado.org/eda-requests-public-comment-on-new-proposed-regulations/
  • 8. Rural/Small Metro Challenges Overcoming the perception that innovation doesn’t apply to rural economies Measuring and communicating impact—the tyranny of nominal over % gains and making room for jobs+ performance metrics Competing for resources in an environment of increasing pressure on federal/state agencies to demonstrate taxpayer ROI
  • 9. Rural/Small Metro Challenges Marketing success stories in case studies in a data-driven world dominated by GPRA forms, sound bites, and short attention spans Forming partnerships and collaborating over large, sparsely-populated distances Adopting a cluster approach to development in a small business economy
  • 11. What does this mean for EDDs? Take a fresh look at your regional landscape— have you defined your value proposition in a way that positions you for future success? Are you sufficiently focused on value-added services to diversify your revenue base? Are you collaborating with other EDDs, UCs, and leveraging all your regional assets? Are you pursuing integrated planning?
  • 13. Asset-Based Strategies Building on what you have, not starting from perspective of what you don’t have Focusing on innovation and entrepreneurship (i.e. venture development)—creating new opportunities for wealth creation Thinking creatively about regions—does your strategy need to function more as a network rather than a geography?
  • 14. What makes a “region”? Aiken Labor Shed Analysis
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  • 19. BUSINESS FORMATION  Northwest Regional Planning Comm (Wisc.)  1996: Very rural region with high UE; low wage rates.  Had tech. assistance & some loan programs. Real need for incubator space & early-stage $.  WI Business Innovation Corp.: Operates 2 RLFs and 6 incubators. (As of 2010: 73 cos. Recipe for success. incubated creating 871 FTEs) Vision + Skills + Courage +  WI Rural Enterprise Fund: Flexibility + Patience Community-based venture fund has launched 14 cos. Source: TIP Strategies research for NADO
  • 20. http://regionalinnovation.org 400 startups, 4,000 jobs and $110 million in investment
  • 21.
  • 22. Public-Private Partnerships (Going beyond RLF…) Cluster initiatives—but only if there is a clear opportunity for value creation Import substitution Workforce training Market research GIS
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  • 25. EDDs collaborating on statewide CEDS Source: NADO. As of November 23, 2012.
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  • 33. Maine State Strategy Framework Entrepreneurship and Education and Innovation Workforce Development Asset Based Industry Clusters Leadership Infrastructure Access to Capital Drivers of Economic Growth in Maine — 33 — © 2012 ViTAL Economy, Inc.
  • 34. Maine Strategy Template - Outline I. Regional Vision & Sense of Urgency II. Regional Goals III. Mobilize Maine Principles • Economic and community partner • Regional resource and advocate • Strategic action oriented • Grassroots civic engagement • Balance strategic approach IV. Strategic Drivers of Growth • Education & Workforce Development • Access to Capital • Infrastructure • Innovation & Entrepreneurship • Asset Based Industry Clusters • Leadership V. Appendix — 34 — © 2012 ViTAL Economy, Inc.
  • 36. NADO’s Statewide CEDS Workspace The statewide CEDS workspace is open to all NADO members and their regional and state partners. For access please contact Brian Kelsey at bkelsey@nado.org. You may need to set up a free Google account.
  • 37. Discussion Reactions to proposed EDD/CEDS changes— how will they impact your organization? How are you navigating fiscal austerity—what strategies are successful in your region? How are you engaging the private sector in “21st century” economic development?
  • 39. Ground Rules CEDS are unique because they reflect unique regions with differing EDD priorities—no one size fits all solution (but maybe templates) Every EDD has the capacity to create a high- quality, high-impact CEDS via partnerships Everybody has room for improvement and NADO is happy to pitch in and help EDA is supportive
  • 41. Would you do a CEDS if no longer required by EDA?
  • 42. CEDS: Popular Complaints We need more money/staff/resources We don’t have the right expertise on staff EDA funds projects not listed in CEDS EDA doesn’t read our CEDS Nobody wants to participate
  • 43. High Priority National Issues 100% 90% 87% 82% 80% 76% 68% 67% 70% 65% 60% 50% 42% 42% 40% 37% 37% 36% 30% 26% 25% 20% 20% 10% 0% 43 Survey fielded by Harris Interactive, March 2012
  • 44. Market Forces Alone Are Not Enough Some people believe that community planning is a necessary part of improving the US economy and encouraging job growth, while others believe that “market forces” alone will help the economy and bring more jobs. Which of the following statements comes closest to your belief? % Market Market forces alone will help Segment Sub-Segment Forces Alone 9% the economy and bring more Enough 14% jobs Democrat 6% Political Affiliation Republican 22% Community planning is 11% needed for economic Independent 14% improvement and job growth White 15% Race/Ethnicity African American 8% Both community planning and 66% market forces are necessary Hispanic 15% for economic improvement Urban 13% and job creation Suburban 14% Don't know Type of Community Rural 23% Small Town 9% 44 Survey fielded by Harris Interactive, March 2012
  • 45. Planners Are Viewed As Key Leaders For Next Five Years Which of the following types of leaders do you think are best able to understand and implement changes that will make the next five years better than the last five in your community? Please select all that apply 50% 45% 43% 43% 40% 35% 33% 33% 32% 30% 26% 24% 23% 25% 20% 15% 10% 10% 7% 5% 0% 45 Survey fielded by Harris Interactive, March 2012
  • 46. CEDS: High-Quality/High-Impact Focuses on economic competitiveness Represents true regional priorities Showcases EDD’s value and impact Engages diverse audiences Tells a compelling story Motivates action
  • 47. CEDS Standards of Excellence http://www.nado.org/noteworthy-models-and-examples-of-eda-funded-ceds/
  • 49. Key Questions What makes your economy unique? What is driving wealth creation? What assets can you leverage?
  • 51.
  • 52. How could you use this data to engage employers and other regional partners?
  • 54. Key Questions Does your CEDS clearly connect inter-related goals of economic development, community development, and education/workforce? Is your CEDS process flexible enough to link, leverage, and align other regional plans? Does integrated planning present cost savings or revenue generating opportunities?
  • 57. Central Minnesota SCRP/CEDS Work with EDA and HUD early—clearly define how plans add value to each other and how funded activities will be delineated Quality of place is intersection of economic competitiveness (CEDS) and sustainability (SCRP)—strategies should reflect regional priorities and economic realities EX: mileage reimbursement, trails
  • 58. Make it easy for small business owners to participate—consider aligning board members for EDD/CEDS and WIB. EDDs and WIBs both need data analysis for federally required plans—why do it twice for the same regional economy? http://www.pennyrilefuture.com
  • 63. 4/6 Strategy & Formatting
  • 64. Key Considerations (Thinking like a non-planner) What are the key trends affecting region? How can we effectively compete? What will you do about it? How will we measure impact? EDA: Conditions | SWOT | Strategy | Measures
  • 65. CEDS Formatting Suggestions Executive summary (3-5 pgs) that can be used as a stand-alone document—answers all four questions without consulting full plan SWOT—quantitative & qualitative featuring key influencers & implementation partners Strategy—S.M.A.R.T goals, implementation, and outcome-based performance metrics Note: This is based on NADO’s research of CEDS and thoughts on best practices and is not intended to represent EDA’s plans or priorities.
  • 66. CEDS Formatting Suggestions Put everything else (economic history, orphan data, project list) in appendices or drop Project list—key regional projects should be clearly tied to goals and strategies in main sections of the CEDS document Create a website or at least a dedicated page that goes beyond posting PDF Note: This is based on NADO’s research of CEDS and thoughts on best practices and is not intended to represent EDA’s plans or priorities.
  • 67. Would you be excited about reading this?
  • 68. http://regionalcouncils.ny.gov/themes/nyopenrc/rc-files/southerntier/CU_RegEcoDevRprt_loR.pdf Experiment with report formats. Consider a CEDS website instead of Word or PowerPoint.
  • 69. Full-page text doesn’t have to look boring. http://www.houstonartsalliance.com/images/uploads/documents/The_Creative_Economy_of_Houston.pdf
  • 70. Use CEDS as an opportunity to showcase local businesses. http://www.houstonartsalliance.com/images/uploads/documents/The_Creative_Economy_of_Houston.pdf
  • 71. Avoiding using planner jargon with non-planner audiences. Even CEDS. http://psrc.org/econdev/res/current-strategy/
  • 72. Cluster data—make it real and increase buy-in by identifying businesses in the cluster by name and showing where they are located on a map. http://regionalcouncils.ny.gov/assets/documents/rc-southertier.pdf
  • 73. Think about data as a non-planner. What motivates action? Primary Issues of Challenge & Southern Illinois = Benchmark, High Poverty Opportunity Highest % in Highest poverty Highest Lowest % Highest % Highest % age rural region rate unemployment college enrolled in 5+ with a rate since 09/03 graduates Medicaid disability #1 #1 #1 #1 #1 #1 Highest % of Highest % age Highest % age Lowest % of Highest % age Highest % population over 65+ in poverty 65+ with a population 0-10 0-17 in poverty households age 65 disability owner burdened #1 #1 #1 #1 #1 #4 Highest % Highest % Highest % Lowest % Highest % Highest % of households lack households commuting to population work households rent Adults with no complete lacking work from other and live in same burdened High School plumbing complete IL counties county Diploma kitchen #1 #1 #1 #3 #3 #1 — 73 — ©2012 ViTAL Economy, Inc.
  • 74. Performance measures should be strategy-specific and demonstrate quantifiable improvements in the regional economy directly attributed to the EDD’s CEDS implementation. Aroostook 2015 Strategy Direct Impacts Goals 1,677 new jobs @ 62 jobs (3.6%) $42,000 1,118 new jobs @ 604 jobs (54%) $38,500 Improvement of 6,628 jobs Renewable by $5,000/yr. Energy $45.3M (12.4%) $365M new wages Economy Increase Internet Subscriptions to 37,500 Reach Regional $94.6M (3.7%) GDP of $2.8B 27.7% Private Payer Strategic Opportunity Value 650+ jobs with Healthcare $69.9M per year benefits Reimbursements • 16 commercial installations,$19M, $2,1M savings/year • 100+ residential installations Measurement & • JIAC grant award, $1.9M, $1M private match Outcomes: 2011-2012 • $1.2 NMCC Award, largest private donation in Maine history • 12x1 investment leverage — 74 — ©2012 ViTAL Economy, Inc.
  • 75. Invest the time required to communicate your impact effectively. http://www.texoma.cog.tx.us/news/tcogs-fiscal-year-2011-economic-impact-statement/
  • 78. Assignment: Critique Your CEDS Are your performance measures focused on outcomes or process? Find one example of a process-based measure and convert it to an outcome-based measure. Is it easy for the reader to quickly understand the connection between goals, strategies, and impact on the regional economy? What other changes are needed to make your CEDS more readable and relevant?
  • 79. National Association of Development Organizations (NADO) and the NADO Research Foundation 400 North Capitol Street, NW | Suite 390 | Washington, DC 20001 Ruraltransportation.org | Knowyourregion.org | Regionalcouncilguide.org 202.624.7806 | Info@nado.org NADO.org Regional Strategies. Solutions. Partnerships.