Data Center / Comprehensive Economic Development Strategy

Comprehensive Economic Development Strategy

Annual CEDS Progress Reports:

What is a CEDS?

A CEDS – Comprehensive Economic Development Strategy – is a strategy-driven plan for regional economic development. A CEDS is the result of a regionally owned planning process designed to build capacity and guide the economic prosperity and resiliency of an area or region.

The CEDS Planning Process

The NWCCOG Region completed its first-ever Comprehensive Economic Development Plan (CEDS) (2012-2016) in December 2011.  Per EDA requirements, a region’s CEDS must be updated every 5 years, therefore NWCCOG has spent 2016 updating its CEDS for the next 5-year period 2017-2021.  The CEDS is a locally-based, regionally-driven economic development planning process. Economic development planning – as implemented through the CEDS – is not only a cornerstone of the U.S. Economic Development Administration’s (EDA) programs, but successfully serves as a means to engage community leaders, leverage the involvement of the private sector, and establish a strategic blueprint for regional collaboration.

The CEDS planning process involved first analyzing all existing local economic development plans and planning efforts underway.  A clearinghouse of local economic development plans can be found HERE.

It also involved county-level meetings inviting a broad range of regional stakeholders (local governments, the business community, education providers, workforce groups, non-profits, and other community groups) to conduct an analysis of the strengths, weaknesses, opportunities, and threats in each county, and in the region as a whole. The SWOT has been used as a strategic planning tool to ensure that there is a clear objective informed by a comprehensive understanding of our region’s capabilities and capacity.
The CEDS update process has been guided by the EDD Working Group, which is comprised of the main economic development interests from both the public and private sector of the region.  The EDD Working Group serves as the CEDS Advisory Committee.

Vision: from original CEDS Planning Process
Where do we want to be in the next 10-20 years? Diversified; Sustainable; Stable; Vibrant; Affordable; High quality of life; Balanced; Resilient; Collaborative/Cooperative; Adaptive.

From the Colorado Blueprint
The Rocky Mountain Resort Region is internationally known for providing a classic Colorado lifestyle with year-round resorts and unique high-alpine environment to guests from around the world and to locals alike. Our vision is to grow and strengthen our economy in diverse, collaborative, and sustainable ways.

CEDS Planning Process – for 2017-2021 CEDS

Stakeholder Input SWOT Meetings in 2015/2016:
  • OEDIT Blueprint Regional Planning Session - June 24, 2015 in Dillon
  • Summit County – Feb. 17 in Dillon
  • Eagle County – April 20 in Edwards
  • Pitkin County – June 15 in Aspen
  • Jackson County – July 28 in Walden
  • Grand County Community Partnership Panel - May 5 in Kremmling
  • Grand County – August 18 in Kremmling
  • EDD Board of Directors Review of SWOT Analysis/Draft Regional Action Plan – August 25 in Frisco
  • Draft CEDS review by EDD Working Group – October 26 in Dillon
  • Review of Draft CEDS by NWCCOG Council and EDD Board of Directors – December 8 in Frisco
  • Public Notice Period – December 16, 2016 – January 16, 2017
  • NWCCOG Council and EDD Board of Directors Adoption of Final CEDS – January 26, 2017 in Edwards
  • Submit Final CEDS to EDA – January 31, 2017
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