NEFCO’s regional economic development planning program strives to grow the region’s economy through collaborative planning efforts with public and private, regional and local economic development entities.
NEFCO is one of two entities in northeast Ohio having been designated as an Economic Development District (EDD) by the U.S. Department of Commerce, Economic Development Administration (EDA). As an EDD for the region, NEFCO receives EDA Funding to manage the Comprehensive Economic Development Strategy (CEDS). The CEDS is a strategy-driven plan for regional economic development. The CEDS is the result of a regionally-owned planning process designed to build capacity and guide the economic prosperity and resiliency of an area or region.
In addition to maintaining the CEDS, NEFCO’s regional economic development planning program encompasses many different activities. Staff is involved in various projects that address land-use planning, economic strategy and adjustment, comprehensive planning, brownfields, unemployment trends and Census updates. Additionally, staff can provide technical assistance with project identification, funding source identification and grant preparation guidance.