2020-2025 ECVEDD Comprehensive Economic Development Strategy (CEDS) A CEDS is a strategy-driven, regionally developed roadmap for economic development, with the ultimate goal being a stronger, more diverse regional and resilient economy. The CEDS process provides the opportunity for individuals, organizations, local governments, educational institutions, and private industry to engage in a meaningful conversation about what economic development efforts would best serve the region. While the most critical function of the CEDS is to provide an economic development framework, it also serves as a required vehicle through which some federal agencies (especially the EDA) evaluate requests for grant assistance. An EDA-approved CEDS is required for entities in the region to be eligible for EDA funding. The CEDS planning process was led by a Strategy Committee comprised of community representatives from throughout our region. Input was also gathered from a diverse set of stakeholders at two public outreach events early in the plan development process. The ECVEDD Board adopted the 2020-2025 CEDS on June 26, 2020. 2020-2025 ECVEDD Comprehensive Economic Development Strategy (CEDS) CEDS Performance Measures & Goal Indicators State of Vermont CEDS 2020 In June 2014, Vermont became one of the few states in the nation to complete a statewide comprehensive economic development strategy (CEDS). The Vermont 2020 CEDS was completed with immense help and input from stakeholders around the state and with the generous guidance and funding from the U.S. Economic Development Administration.
