Executive Summary This is the 2013 - 2017 Comprehensive Economic Development Strategy (CEDS) for the Tri- County Economic Development District representing Stevens, Ferry and Pend Oreille Counties. This strategy was formed utilizing the prior year’s CEDS as a basis and then gathering additional input through extensive Stronger Economies Together (SET) planning sessions and communications with both private and public sector representatives throughout the region. Everyone that participated in this process addressed the following critical questions: Have the critical economic development issues facing the region changed and if so how; What are the top five economic development objectives for the region; What specific projects support these objectives; and What are the key short term (1 year) and long term (5 year) projects for the region? As identified during the SET sessions and the CEDS planning sessions, TEDD’s for “Recipe Success” remains the same. These elements set the stage for the expectations of the organization. They are critical, not only to the success of TEDD and member organizations, but also to the economic success of the region: Building community economic development capacity by communicating and educating the public on what economic development is, how to do it and what TEDD’s role is, working collaboratively with other public and private organizations; Collaborating with local jurisdictions for planning and developing infrastructure; Securing funds through grant identification and writing, and retaining those funds through good investment decisions; Maintaining a vision that includes all communities in the district in order to provide business assistance, information and knowledge of business needs; Supporting business retention, expansion and recruitment; and Developing and coordinating partnerships with local jurisdictions, public agencies and organizations, through involvement and leadership. The vision for the region, shown below, represents a picture of the future for the Tri-County region. It is passionate and it creates a powerful graphic representation of what our long-term future looks like. The Tri-County Economic Development District, representing Ferry, Stevens and Pend Oreille Counties, utilizes proactive infrastructure development and strategic management to meet the needs of our rapidly changing society. This focus will create an environment where family wage employment opportunities exist for everyone. As a result, the economic environment of the Tri-County area will be sustainable, attractive and diverse.
Executive Summary This is the 2013 - 2017 Comprehensive Economic Development Strategy (CEDS) for the Tri- County Economic Development District representing Stevens, Ferry and Pend Oreille Counties. This strategy was formed utilizing the prior year’s CEDS as a basis and then gathering additional input through extensive Stronger Economies Together (SET) planning sessions and communications with both private and public sector representatives throughout the region. Everyone that participated in this process addressed the following critical questions: Have the critical economic development issues facing the region changed and if so how; What are the top five economic development objectives for the region; What specific projects support these objectives; and What are the key short term (1 year) and long term (5 year) projects for the region? As identified during the SET sessions and the CEDS planning sessions, TEDD’s “Recipe for Success” remains the same. These elements set the stage for the expectations of the organization. They are critical, not only to the success of TEDD and member organizations, but also to the economic success of the region: Building community economic development capacity by communicating and educating the public on what economic development is, how to do it and what TEDD’s role is, working collaboratively with other public and private organizations; Collaborating with local jurisdictions for planning and developing infrastructure; Securing funds through grant identification and writing, and retaining those funds through good investment decisions; Maintaining a vision that includes all communities in the district in order to provide business assistance, information and knowledge of business needs; Supporting business retention, expansion and recruitment; and Developing and coordinating partnerships with local jurisdictions, public agencies and organizations, through involvement and leadership. The vision for the region, shown below, represents a picture of the future for the Tri-County region. It is passionate and it creates a powerful graphic representation of what our long-term future looks like. The Tri-County Economic Development District, representing Ferry, Stevens and Pend Oreille Counties, utilizes proactive infrastructure development and strategic management to meet the needs of our rapidly changing society. This focus will create an environment where family wage employment opportunities exist for everyone. As a result, the economic environment of the Tri-County area will be sustainable, attractive and diverse.
2016-Update_CEDS-2013-2017_Main-Document.docx