Comprehensive Economic Development Strategies (CEDS)
The purpose of the Comprehensive Economic Development Strategy (CEDS) is to bring together the public and private sectors in the creation of an economic roadmap to diversify and strengthen the regional economy and to qualify the region for additional EDA assistance. A section within the CEDS identifies other economic development initiatives at the state, regional, sub-regional, and local levels. The goals and actions identified within those efforts are supported by those outlined in the recently adopted CEDS. The CEDS analyzes local and regional economies and serves as a guide for promoting regional goals and objectives, developing and implementing a regional plan of action, and identifying investment priorities and funding sources.
Economic Development Advisory Committee
Purpose: The Economic Development Advisory Committee (EDAC) was formed in 1979 when the Commission became an Economic Development District of the Economic Development Administration (EDA). The committee is comprised of Economic Development professionals who represent public, nonprofit, and private entities from throughout the eight county region. The primary roles of the EDAC are to oversee the annual community economic development project survey and to revise and update the region's Comprehensive Economic Development Strategy (CEDS).
Strategy Committee: This committee is comprised of private sector businesses that meet monthly as part of the Northeast Wisconsin Manufacturing Alliance. Representatives from these companies will review and update the goals and strategies outlined in the CEDS. EDA requires private sector participation in creating and updating the goals and strategies. The EDAC will incoporate the goals and strategies within the CEDS.
Note: The Commission's current 2012 Comprehensive Economic Development Strategy will be updated in 2016 for years 2017-2021.