This investment supports the development and implementation of a comprehensive economic development strategy (ceds) in the region served by texoma EDD

The ceds process is designed to bring together the public and private sectors in the creation of an economic development roadmap to diversify and strengthen the regional economy. This investment is a three-year funding cycle.?comprehensive economic development strategy:establish and maintain a ceds process, which must include an economic development plan and procedures for monitoring its implementation. In addition to the requirements currently noted in 13 CFR ? 303.7, recipients shall include an economic resiliency component in the comprehensive economic development strategy (ceds). This component may specifically focus on a strategy to promote disaster resiliency but is encouraged to be a broader analysis of the economic resiliency of the region. The resiliency strategy shall detail the recipient?s planning, response, and recovery activities to be implemented should an economic disruption (disaster or otherwise) occur. Irrespective of focus, the resiliency strategy shall also contain a list of implementation priorities and steps to stabilize and support a region?s overall economic resiliency. A timeline associated with the implementation priorities and the identification of key stakeholders responsible for implementing those priorities should be included.?economic coordination:coordinate economic development planning with other economic development entities such as chambers of commerce, business associations, local and state government economic development departments, and EDA-funded entities?sudden and severe economic dislocation activity:notify the austin regional office of any plant closures or significant downsizing, disaster designations, base realignments or closures, or any other sudden and severe economic dislocation within the EDD service area.?development and management assistance:provide staff support to develop and monitor projects that will increase economic opportunities within the district. Priority should be placed on EDA grant applications.?technical assistance:provide technical assistance as appropriate to member agencies regarding topics such as industrial parks, land use regulations, bond elections, district committees, economic development programs, business development, and local governments.?performance: submit performance measures reports annually by completing the gpra data collection form (ED-916).?miscellaneous activity:complete other economic development-related activities that have been approved by the EDA austin regional office.