EDCC Program by Starr Lehl
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The document outlines the criteria for communities to become certified through the Economic Development Certified Community Program. It discusses having an organized lead agency, conducting a comprehensive community assessment and strategic plan, implementing a business retention and expansion program, identifying local targets for economic development, ensuring available buildings and infrastructure, and providing local financing and business assistance options. It also notes the benefits communities receive through certification such as eligibility for funding opportunities and being better positioned for economic development.
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Paul Raetsch retired north east regional director of the Economic Development Administration explains what a Comprehensive Economic Development Strategy Planning effort entails.
Getting your workforce system involved in a local Comprehensive Economic Deve...
This webinar can be seen in its entirety on www.nereta.org ..then click onto the training page.
Did you know that there is money available for workforce planning that does not come from the Department of Labor? IT's TRUE! The Economic Development Administration (EDA) provides workforce planning and implementation funds as part of the comprehensive economic development strategy planning process (CEDS).
The problem with CEDS planning the way it is currently done, is that most CEDS are written by economic development folks who only provide lip service to coordinating with workforce professionals in the plan, (most often providing nothing more than offer labor force statistics with little analysis of gaps, trends).
Unfortunately, most workforce development professionals don't know what CEDS planning is, even though coordination with the workforce system is a required part of CEDS planning. Therefore, workforce development professionals should not only understand the CEDS process, but inject themselves into the process...or even lead the process!
This webinar will teach you everything you need to know about CEDS:
What are the programs of the EDA?
What is an Economic Development District (EDD)
What is a CEDS?
What is a CEDS Supposed to Do?
What does a high quality CEDS have?
We are very fortunate to have two amazing speakers for this webinar!
Paul Raetsch is the Retired Regional Director of the Economic Development Administration Philadelphia Regional Office. Paul oversaw the CEDS planning for regions throughout the northeastern US going back as far as 1971! This man has a wealth of knowledge and expertise in regional planning that you will greatly benefit from!
Presenting with Paul is Mike Aube, President of the Eastern Maine Development Corporation, host of the "mobilize Eastern Maine initiative. Mike has also served as Legislative aide to Senator Mitchell, EDD Director, EDA Economic Development Representative, State Director of Rural Development, as well as Mayor of Bangor, Maine.
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The document provides an overview of economic development strategies and investment readiness. It defines economic development and outlines key components of an economic development strategy, including investment attraction, business retention and expansion, tourism, and infrastructure projects. It also discusses important site selection factors for businesses and outlines an investment readiness assessment conducted in Ontario. The assessment evaluated communities' preparedness for investment and provided examples of both strengths and weaknesses found across various municipalities. The summary highlights the assessment's key findings of an overall low level of community preparedness.
Uwo Urban Economic Development
The document summarizes a presentation given by the Economic Developers Council of Ontario (EDCO) about their work supporting economic development professionals in Ontario. EDCO is the largest provincial economic development association in Canada with nearly 600 members from across Ontario. They provide professional development, disseminate information, and act as a liaison between various levels of government and businesses. One of their key initiatives was a 2007 project that involved mock site selector visits to communities to assess their investment readiness. The visits found that many communities lacked essential readiness factors like available industrial sites and updated economic development strategies. The presentation recommends steps like education programs, website enhancements, and a certification program to help communities improve their investment attraction capabilities.
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Atlas and leading economic development professionals are always trying to find ways to be more targeted, more precise, and more relevant to the needs of recruitment and retention prospects. As a way to help economic developers refine their marketing and business development offerings to prospects, Atlas presents “Four Things Economic Development Prospects Want"
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The workshop presentation defines social enterprise, provides examples of social enterprises in British Columbia, describes the business development path, and explains enp’s granting program and grant application process.
For more information on enp, go to www.enterprisingnonprofits.ca
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The document provides an overview of strategic planning principles, business planning, and how financial planning and software can assist business innovation centers (BICs). It discusses the importance of strategic planning for BIC clients and outlines key elements that should be included in strategic business plans, such as taking a medium-term view, focusing on strategic matters, and being written down and reviewed periodically. The document also summarizes various aspects that should be considered when preparing a business plan, such as the structure, operations plan, financial plan, and projections.
CEDS 101 and Best Practices
The Comprehensive Economic Development Strategy (CEDS) is a locally-based, regionally-driven economic development planning process and document that creates the space for your region to identify its strengths and weaknesses and
brings together a diverse set of partners to generate good jobs, diversify the economy, and spur economic growth. An effective CEDS allows a region to maximize its economic development potential, as well as engage with the U.S. Economic Development Administration (EDA) and other federal partners. During this 101 training, you’ll learn more about the “what and why” of the CEDS, CEDS planning fundamentals, best practices, and latest trends.
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My slides for a course on Strategic Doing for the Economic Development Institute. I teach the fundamentals of strategic doing in an advanced strategy lab.
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The document provides guidance on strategic and business planning for non-profit organizations. It emphasizes that planning is a critical process that establishes a vision, mission, goals and implementation plan. Strategic planning focuses more on internal strategy while business planning also includes financial projections and is often shared externally. Key components of planning include assessing strengths/weaknesses, opportunities/threats, developing strategies to achieve goals, and creating detailed implementation and financial plans.
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The document discusses entrepreneurship development and the entrepreneurial development process (EDP). It states that EDP is a planned process by society, government, and families to teach entrepreneurial qualities to young people so they can benefit the society. The goal of EDP is to generate and share knowledge to create professionals who become entrepreneurs. EDP focuses on developing skills like risk-bearing, vision, drive, and need for achievement in potential entrepreneurs.
Economic Development Strategic Planning - Introduction
This document provides an introduction to a presentation on economic development strategic planning. It discusses what strategic planning is, why organizations do it, and an overview of the strategic planning process. The process involves assessing the current economic situation, developing a shared community vision and goals, identifying projects and strategies to implement, and ongoing monitoring and adjustment of the plan. Common challenges that can arise include a lack of community buy-in, poor stakeholder relationships, and not having adequate leadership or resources to follow through on implementation.
Aligning Strategic Plans
Brian Kelsey, Founder of Civic Analytics, addressed ways that strategic plans can be aligned to maximize resources and to present a unified, cohesive, and inclusive plan (as well as develop and deliver an inclusive planning process). This presentation occurred at Create, Challenge, Change: Economic Development Conference for the Denver Region in August 2016.
Performance Metrics and Measuring Success
Patrick Waggoner and Mitchell Harrison, of the U.S. Economic Development Administration, provided this presentation on the impact of revolving loan funds during Create, Challenge, Change: Economic Development Conference for the Denver Region in August 2016.
Past, present, and future trends in new york state economic development 201...
Past, present, and future trends in new york state economic development 201...Christa Ouderkirk Franzi
The document summarizes a presentation on past, present, and future trends in New York State economic development. It discusses how economic development in New York has shifted from a "shotgun" approach with many programs to a more competitive, regulated environment focused on entrepreneurship, workforce development, and quality of life. It also outlines best practices for high-functioning economic development organizations and examples from Texas and California of other state economic development associations. The presentation concludes with recommendations for how the New York State Economic Development Council can support its members through education programs, advocacy, and governance improvements.Iedc Annual Conference Columbus 2010 Final
The document summarizes a panel discussion on revitalizing old developments from the perspectives of public, private, and development sectors.
Sean Garretson from retail consulting firm The Retail Coach discussed how quality of place and downtown experiences are important for attracting talent and jobs. He provided examples of retailers currently expanding.
Kristen Fish from redevelopment firm Redevelopment Resources discussed the importance of site control, implementation teams, and dealing with political issues in redevelopment projects. She provided examples of redevelopment projects transforming vacant properties.
Brett Doney discussed the public sector's role in partnerships and accountability. Questions were also taken about leveraging assets, incentives, and speeding up development processes.
The Digital Side Of Startup Ecosystem Development GEC 2018 istanbul
The digital economy requires economic development and digital development to be understood and be operated closely together for ecosystem orchestration.
In this session, we explore how to unbundle and connect application silos, to build connectivity between applications to make valuable data to flow within and between ecosystems. What practical steps are required and who should be involved?
We explore learning from other industries to help imagine use and concepts of digital in ecosystem development and orchestration context and share our own key learnings of digital from several ecosystems around the world.
CVSBDC Brochure 6-27-16
The document discusses the Growth Wheel, a visual toolkit used by the Central Virginia Small Business Development Center (CV SBDC) to help entrepreneurs build their businesses. The Growth Wheel focuses on four basic challenges faced by all companies: creating an attractive business concept, building a strong organization, developing lasting customer relations, and maintaining profitable operations. The CV SBDC offers free counseling, business assistance services, training seminars, and resources to small businesses in central Virginia to enhance the economic vitality of the region.
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Taking the CEDS to the Next Level Through the Content Guidelines
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Getting your workforce system involved in a local Comprehensive Economic Deve...
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