A Comprehensive Economic Development Strategies document (CEDS) contributes to effective economic development in communities and regions through locally-based, regionally-driven economic development planning processes. A CEDS document is required by the U.S. Department of Commerce Economic Development Administration (EDA) in order to maintain Economic Development District (EDD) status, and must be updated at least once every five years to qualify for EDA assistance.
Region Nine is the designated Economic Development District for the nine county area of South Central Minnesota (Blue Earth, Brown, Faribault, Le Sueur, Martin, Nicollet, Sibley, Waseca, and Watonwan Counties) and is responsible for preparing the CEDS update report. The CEDS report is posted in accordance to EDA’s regulations found in the Federal Register at 13 C.F.R. part 303.
What does a CEDS report do?
- Bring together the public and private sectors
- Be an economic roadmap to diversify and strengthen regional economies
- Analyze the regional economy
- Serve as a guide for establishing regional goals and objectives
- Be a regional plan for implementation and action
- Identify investment priorities and funding sources
The 2022-2026 CEDS report is currently under public review. The public review for the CEDS will end on December 30th. Read the 2022-2026 CEDS Draft here. Read the 2022-2026 Action Plan here. Submit your comments using the form below. All responses and information is confidential. For questions, contact Community Development Director Leah Petricka at lpetricka@rndc.org.