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EDA Know Your Region Project

EDA DENVER REGIONAL OFFICE WORKSHOP
JUNE 8, 2012
Know Your Region: Overview

 Federal context

 CEDS best practices

 EDD innovations

 Data tools
Federal Context:
Big Picture Considerations
Federal Context
 Federal budget deficits and debt
 Defining federal role in economic development
 Administration Priorities
   Quality of place
   Regional innovation and collaboration across sectors
   Federal interagency partnerships
   Advanced manufacturing
Wordle™ of remarks prepared for delivery by John Fernandez, Assistant Secretary of Commerce for Economic Development, at
 the 18th Annual Conference of the National Association of Seed and Venture Funds in Arlington, Texas, on October 19, 2011.
                          Source: http://www.eda.gov/NewsEvents/Speeches/Speech10192011_SeedAndVentureFunds_TX
http://www.manufacturing.gov/accelerator/2011projects.html
Wordle™ of remarks prepared for delivery by Matt Erskine, Acting Assistant Secretary of Commerce for Economic Development, at
    National Association of Development Organizations 2012 Washington Policy Conference in Arlington, VA, on March 20, 2012.
CEDS Standards of Excellence
NADO’s Peer Guidance Developed by EDDs
Commitment to Excellence

As a national             This includes fostering a
network, America’s EDDs   regional strategic planning and
                          implementation framework
are committed to
                          that is:
pursuing excellence and
                             • results oriented
innovation in both           • focused on aligning and
regional economic              leveraging resources
                             • inclusive of public, private
development and
                               and nonprofit sector leaders
organizational               • emphasizes the importance of
performance.                   asset-based regional
                               economic development
CEDS Standards of Excellence
1.   Build more resilient economies and communities by
     focusing and targeting regional strategies on the
     existing and potential competitive advantages of each
     individual region.


2.   Foster a regional collaborative framework to
     strategically align public sector investments from
     federal, state and local sources, as well as
     private, nonprofit and philanthropic partners.
CEDS Standards of Excellence
3.   Use modern scenario, data and analysis tools and planning
     techniques that provide policy makers, stakeholders and the
     public with evidence-based and factual based information.


4.   Transform the CEDS process into a more strategy-driven
     planning process focused on regional visioning, priorities
     setting and performance outcomes, rather than broad-
     based encyclopedia or narrative of the region with a laundry
     list of random projects and programs.
CEDS Standards of Excellence
5.   Promote and support peer reviews and exchanges
     of Economic Development District planning
     professionals and policy officials with the goal of
     increasing collaboration across EDD boundaries,
     enhancing organizational resources, and positioning
     regional CEDS as more effective building blocks for
     statewide and local strategies.
CEDS Standards of Excellence
6.   Communicate in a compelling and modern
     communication style, including use of executive
     summaries, high quality print and online media, and
     social media.


7.   Engage the public, private, nonprofit and educational
     sectors, along with the general public, in the
     development and implementation of the CEDS.
CEDS Noteworthy Practices:
Statewide Collaboration &
      Modernization
CEDS Best Practices
 Growing recognition of value in statewide EDD collaboration—
 common standards, resource sharing, peer accountability, &
 opportunities for playing larger role


 Process and product—capitalizing on CEDS potential will require
 more attention to the way information is communicated


 Opportunities to leverage with community development,
 housing, transportation and workforce development strategies
Known EDD-Led Statewide CEDS Initiatives




                               Source: NADO. As of March 29, 2012.
http://ceds.alabama.gov
http://ceds.alabama.gov
http://www.nctomorrow.org
NC TOMORROW
A Collaborative for Sustainable Economic Growth
CEDS Best Practices:
Modern Approaches
EDA Draft CEDS Regulations

 Promote regional economic resiliency
 Four key elements
  Summary of economic development conditions
  In-depth SWOT analysis
  Strategies and implementation plan
  Performance measurements to evaluate success
 List of specific projects is optional
 EDA plans to publish additional guidance
           Adapted from CEDS Peer Standards of Excellence: http://www.knowyourregion.org/wp-content/uploads/2012/05/EDA-CEDS-Standards-of-Excellence.pdf
CEDS Modernization
 Professional look—attractive template (does
 not have to be Word), pull quotes, photos
 Smart format—executive summary, web
 presence (not just PDF), appendices
 Relevant data—compelling data analysis in
 context of SWOT assessment
 Strategic projects—incorporate in plan and
 performance measures

          Adapted from CEDS Peer Standards of Excellence: http://www.knowyourregion.org/wp-content/uploads/2012/05/EDA-CEDS-Standards-of-Excellence.pdf
Common Data Template




http://regionalcouncils.ny.gov/assets/documents/rc-southertier.pdf
http://regionalcouncils.ny.gov/assets/documents/rc-southertier.pdf
http://regionalcouncils.ny.gov/assets/documents/rc-southertier.pdf
http://regionalcouncils.ny.gov/themes/nyopenrc/rc-files/southerntier/CU_RegEcoDevRprt_loR.pdf
http://regionalcouncils.ny.gov/themes/nyopenrc/rc-files/southerntier/CU_RegEcoDevRprt_loR.pdf
http://www.pennyrilefuture.com
http://pennyrileheadlight.com/
http://pennyrileheadlight.com/
http://psrc.org/econdev/res/current-strategy/
CEDS: Breaking Down Silos
 Increasing focus on how
 CEDS can be leveraged to
 fulfill objectives of other
 planning programs


 EDA supportive of inter-
 disciplinary approaches
                               http://www.ecicog.org/crds
EDD Innovations:
Redefining Role Through “Bottom-Up”
        Regional Strategies
http://www.nado.org/mobilize-maine-asset-based-regional-economic-development/
http://www.mainebiz.biz/apps/pbcs.dll/article?AID=/20120514/CURRENTEDITION/305109991
http://www.nado.org/growing-rural-innovation-based-economies-kansas-opportunity-innovation-network/
Data Tools
http://tipstrategies.com/geography-of-jobs/
http://clustermapping.us
http://www.statsamerica.org
The NADO Research Foundation would like to thank EDA for
       their support of the Know Your Region project.

               This work is supported by the
     U.S. Economic Development Administration (EDA)
            under Agreement No. 99-06-07548,
        and is part of the Know Your Region project
                (www.KnowYourRegion.org).

Any opinions, findings and conclusions, or recommendations
  expressed in this webinar are those of the author(s) and
       do not necessarily reflect the views of EDA or
              The NADO Research Foundation.


           KnowYourRegion.org
National Association of Development Organizations (NADO)

                    and the NADO Research Foundation

    400 North Capitol Street, NW | Suite 390 | Washington, DC 20001

Ruraltransportation.org | Knowyourregion.org | Regionalcouncilguide.org

                     202.624.7806 | Info@nado.org

                                 NADO.org

                 Regional Strategies. Solutions. Partnerships.

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