NWCCOG Economic Development District Comprehensive Economic Development Strategy (CEDS) Five Year Update now available for public comment until August 25

DRAFT NWCCOG Economic Development District CEDS (2021-2026)

Please direct comments to rtuyn@nwccog.org

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Northwest Colorado Council of Governments became an Economic Development District under the auspices of the U.S. Economic Development Administration (EDA) in 2012.  NWCCOG EDD is one of six in the State of Colorado, and one of 384 in the United States.  The NWCCOG EDD receives funding every year to build capacity in our region to meet our regional economic development goals. The Comprehensive Economic Development Strategy (CEDS) is the cornerstone of this program.  The NWCCOG EDD is responsible for facilitating the development, implementation, and revision of our region’s CEDS.  A region’s CEDS must be updated every 5 years. 

The Comprehensive Economic Development Strategy (CEDS) is a locally-based, regionally-driven economic development planning process that creates the space for our region to identify its strengths and weaknesses and brings together a diverse set of partners to develop goals and objectives which aim to generate good jobs, diversify the economy, and create economic stability and prosperity.  This CEDS planning process has engaged a range of partners, including town and county governments, community leaders, residents, chambers of commerce, the private sector, educational institutions, federal and state partners, and other stakeholders in planning for our region’s future. Our CEDS planning process identifies locally-grown strategies that will guide regional economic development, encourage partnerships and collaboration, and improve economic outcomes and overall quality of life in the NWCCOG Region.

 The final draft of the CEDS will be considered for approval by the NWCCOG EDD Board of Directors at its August 26th meeting.  The final CEDS is due to the EDA on September 30th. Please direct all public comment to rtuyn@nwccog.org.

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NWCCOG Comprehensive Economic Development Strategy Update

Representing five counties and twenty-one municipalities in the northwest region of Colorado, the Northwest Colorado Council of Governments Economic Development District (NWCCOG EDD) works toward creating a vibrant, resilient, and sustainable economy in our region.  NWCCOG EDD’s cornerstone is the Comprehensive Economic Development Strategy (CEDS).

The CEDS is a locally based, regionally driven economic development planning process and document that successfully engages the region’s community leaders, private sector partners, and stakeholders. This framework enables the region and its partners to strengthen their leverage and expand regional capacity to attract outside resources to build a sustainable and resilient economy. The result creates an economic roadmap to diversify and strengthen the regional economy and to qualify the region for additional assistance from the Economic Development Administration of the U.S. Department of Commerce (EDA).

The EDA required Economic Development Districts to update the CEDS every 5 years. The development of this CEDS update is being guided by the NWCCOG Economic Development District Board of Directors, who serve as the CEDS Strategy Committee. 

CEDS Sections:

Summary Background
         Local, State, Regional Plans
         Stakeholder Engagement
         Community Profiles
         Key Industries

SWOT Analysis

Regional Action Plan
         DRAFT Regional Action Plan Framework (2021-2026)

Resilience

Evaluation Framework