GENESEE – LAPEER- SHIAWASSEE – REGION V
CEDS Final Approved Draft Now Available
The Comprehensive Economic Development Strategy plan for GLS Region V has been approved and is now available for public viewing!
CEDS Plan for Genesee-Lapeer-Shiawassee Region 5 (Michigan)
What is a CEDS Plan?
A Comprehensive Economic Development Strategy (CEDS) is a locally-based, regionally-driven economic development planning process designed to build capacity and guide the economic prosperity and resiliency of a region.
The CEDS provides a way for individuals, organizations, local governments, institutes of learning, and industry to engage in a meaningful discussion about what capacity building efforts would best serve economic development in the region.
The CEDS should take into account and, where appropriate, integrate or leverage other regional planning efforts, including the use of other available federal funds, private sector resources, and state support which can advance a region’s CEDS goals and objectives. Regions must update their CEDS at least every five years to qualify for EDA assistance under its Public Works and Economic Adjustment Assistance programs. In addition, a CEDS is a prerequisite for designation by EDA as an Economic Development District (EDD).
About the CEDS Plan
What Sections Does a CEDS Plan Include?
- Summary Background
- SWOT Analysis
- Strategic Direction and Action Plan
- Evaluation Framework
What is the importance of a CEDS Plan?
The CEDS planning process brings together diverse interests, including both public institutions and private businesses, to develop a strategic plan that will help drive investment priorities and shape the future of Michigan communities in Genesee, Lapeer, and Shiawassee counties over the next five years.
In addition, the CEDS:
- Provides a regional perspective for identifying and capitalizing on economic advantages, including strategies to reduce unemployment and increase incomes in the Region.
- Provides a more widespread understanding of the Region’s economic development work program, including an opportunity for public review and input.
- Provides a forum for identifying and prioritizing investment projects.
Sponsored by the U.S. Economic Development Administration
Leading Organizations
This CEDS plan is for Genesee, Lapeer, and Shiawassee counties. The organizations leading the plan are Genesee County Metropolitan Planning Commission, Lapeer Economic Development Council, and Shiawassee Economic Development Partnership.
Community Image Builders (CIB)
CIB is an energetic community planning consulting firm that offers a wide range of innovative planning, zoning, and development consulting services. With our broad range of expertise and commitment to quality, we are able to help you solve the challenges you face on a daily basis while keeping a long-term view toward the future.
We believe that everyone should feel a strong connection and a sense of place in their community. We strive to serve our partners by providing innovative and implementable planning and development solutions. Our mission is to deliver uncommon planning, marketing, and development solutions, meeting community needs and challenges, helping them to prosper.
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