Comprehensive Economic Development Strategy
A CEDS is a plan that outlines a region's economic development needs and goals. It emerges from a continuous planning process developed with a broad based and diverse community participation that addresses the economic potential of an area. The strategy should promote sustainable economic development and opportunity, foster effective transportation systems, enhance and protect the environment and balance resources through sound management of development.
A CEDS is the result of a local planning process designed to guide the economic growth of a region. REDC has been the keeper of the region's CEDS since 2000. As a result of its diligent planning, REDC achieved designation as the only Economic Development District (EDD) in Southern New Hampshire. The U.S. Economic Development Administration (EDA) bestowed the EDD designation on REDC in 2003. As part of the EDD designation, REDC is awarded funding to continue the important task of planning for our region's economic growth, to include annually updating the region's CEDS.
REDC is proud to present the 2020 CEDS, as well as a Mid-Year Update to the 2020 CEDS. This is a special supplemental publication of our 2020 five-year visioning plan.
The COVID-19 pandemic, designated on March 11, 2020, seriously disrupted the region, state, nation, and world. The designation occurred while REDC was in the midst of its five-year planning and visioning process. In New Hampshire, we felt the economic disruptions as early as mid-March, and we are still experiencing the full scope of the economic and human impacts in our region. The Mid-Year CEDS provides a brief look at the economic impacts to our region and state that have occurred thus far and since the publication of the 2020 CEDS.
2016 CEDS REPORT
2015 CEDS REPORT
2014 CEDS REPORT
2013 CEDS REPORT
CEDS PRIORITY PROJECTS
Part of the annual CEDS process includes the development of a Priority Project List for the REDC region. Priority Projects are local or regional development projects and/or studies that meet one or more of the CEDS Regional Goals. Priority Projects must meet one or more of the CEDS Regional Goals. Submitting a project for inclusion on the CEDS Priority Project List is the first step in identifying potential funding opportunities under the U.S. Department of Commerce, Economic Development Administration (EDA). While not all projects meet subsequent requirements for funding under EDA guidelines, the inclusion of projects on the Priority Project List for the region may have a positive effect for a project's possible funding under other federally funded grant sources, such as USDA/Rural Development, HUD and DOL. In addition, a project MUST be on the list to be considered for certain EDA grant opportunities. EDA-funded eligible projects include any public infrastructure or construction project that will ultimately lead to the creation of new private industry jobs.
It’s that time of year when REDC solicits NEW PROJECTS for our 2021 Priority Project List. Priority Projects are those plans, programs, and projects that satisfy one of our four Economic Development Goals (Infrastructure Development, Workforce Attraction & Retention, Housing, Sustainable Living). If you know of any project that would be a good fit, please complete the New Project Form, and REDC's CEDS Planner will get in touch with you. New Project submittals are due March 12th.
For more information or to review the projects currently on the Priority Project List, please check out the 2020 CEDS publication.