Skip to main content

Comprehensive Economic Development Strategy (CEDS)

WHAT IS A CEDS?

A Comprehensive Economic Development Strategy (CEDS) is a federally-required regional economic development plan that allows an area to be eligible for various funding programs under the Economic Development Administration (EDA), an agency within the U.S. Department of Commerce. A CEDS also serves as a roadmap for regional economic development in general—linking, leveraging, and aligning local assets and stakeholders to achieve regional goals. 

The image lists six community development goals: Increase Equity, Upskill Workforce, Leverage Entrepreneurs, Strong Communities, Increased Services, and More Housing.

Sonoma Mendocino Economic Development District (SMEDD) is responsible for developing the CEDS with the guidance of our Strategy Committee and the input of many jurisdictions, tribes, business owners, non-profits, and community members. To develop this document, we analyzed regional economic conditions and identified opportunities to formulate this region-specific strategy-driven plan for economic development. SMEDD was started in 2016, and completed the region’s second CEDS in 2022. 

Read the current CEDS here.

The image shows a cover for a 2022 economic development strategy document titled "SoMo Strong 2025" for Sonoma-Mendocino.