What the EDD DOes

Planning

  • Develop, maintain, monitor, and update the region’s Comprehensive Economic Development Strategy (CEDS). The CEDS is the result of a regionally owned planning process designed to build capacity and guide the economic prosperity and resiliency of the NWCCOG region. It is the cornerstone of the NWCCOG EDD program. The EDA requires a CEDS progress report every year, and a complete update every 5 years.
  • Prepare periodic progress reports to EDA on accomplishments the district has achieved with respect to the regional action plan.

Business Assistance

  • Prepare monthly Business Resource Bulletins which contain a clearinghouse of resources available to businesses including trainings, technical assistance, funding opportunities, and literature.
  • Provide direct assistance to businesses looking for help, and to towns/counties looking for resources for their business community.

Regional Promotion

  • Maintain the regional website which highlights the region’s assets: (northwestcoloradoregion.org).
  • Tell the region’s success stories through monthly “Success Stories Bulletins”.

Data

  • Develop quarterly regional economic indicators report which provides the most up to date information on jobs, wages, trends in key industries, real estate data, labor force, unemployment, etc.
  • Maintain data center on the regional website (northwestcoloradoregion.org).
  • Present to various groups on regional economic trends, as requested.

Regional Collaboration

  • Maintain close partnerships with Colorado Office of Economic Development & International Trade, Colorado Department of Local Affairs, Colorado Workforce Center/system, and member jurisdictions including towns and counties in the region.
  • Serve as a forum for collaboration on regional projects; seek funding through grants for projects and programs.