The 2012-2017 Comprehensive Economic Development Strategy (CEDS) is a four-county action plan created in partnership with state, regional and local economic development organizations to promote cluster-based industry strategies, business growth and development, and high wage job growth. The CEDS is organized around six pillars and aims to bring tax dollars back to the region through entrepreneurship/small business development and value-added industry projects. Implementation of the CEDS can inform the Seven 50 initiative on potential projects, programs and activities to create a globally competitive regional economy.

1. Comprehensive Economic
Development Strategy 2012-
2017
June 4, 2013
Palm Beach County Business
Development Board – Seven 50
Meeting

2. Topics of Discussion:
►2012-2017 CEDS
►CEDS Implementation
►Tie-in to Seven 50

3. 2012-2017 Comprehensive
Economic Development
Strategy

4. 2012-2017 CEDS
Four-county action plan
designed to promote:
•Cluster-based industry
strategy
•Business
growth/development
•High wage job growth
•Economic diversification

5. Created in Partnership With:
► State, Regional and Local Economic Development Partners including:
 CEDS Committee members
 Business Development Board of Palm Beach County
 Economic Council of Palm Beach County
 Business Development Board of Martin County
 Economic Council of Martin County
 Economic Development Council of St. Lucie County
 Indian River County Chamber of Commerce
 Florida Department of Economic Opportunity
 Workforce Alliance
 Workforce Solutions
 South Florida Manufacturers Association
 Treasure Coast local governments
 South Florida Regional Planning Council
 Florida Regional Councils Association
 Others

6. Organized Around the Six Pillars
Framework

7. CEDS Plan is Value-Driven
Bringing Tax Dollars Back to the Region
Entrepreneurship/Small
Business Development
Value-Added
Industry
Critical
Infrastructure
Glades Utility Authority Regional
Infrastructure Project
VGTI Florida under construction Sunside Fun, Inc. - Vero Beach

9. 2012-2017 CEDS
Implementation

11. Tie-In to Seven 50

12. Tie-In to Seven 50
►CEDS plan can inform Seven 50 with respect
to potential:
 Projects
 Programs
 Activities
Key question:
How do we create a globally competitive
regional economy?