A Comprehensive Economic Development Strategy (CEDS) is a locally based, regionally driven planning process that involves a range of partners. Strategies are developed through collaborative efforts involving public, private and non-governmental sectors, aiming to create long term viability for the communities within a region.
As a strategic framework designed to enhance economic growth and resilience, CEDS is often referred to as a ‘system,’ as well as a strategy. It provides the capacity-building foundation by which the public sector, working in conjunction with other economic players (individuals, firms, non-profits, institutions), creates the environment for comprehensive and collaborative economic prosperity.
Please see the attached March brief to learn more about the case for CEDS