Comprehensive Economic Development Strategy (CEDS)
A Comprehensive Economic Development Strategy (CEDS) brings together the public and private sectors to create an economic roadmap to diversify and strengthen regional economies. It also provides a useful benchmark by which a regional economy can evaluate opportunities with other regions. The 115 municipalities of the Northern Vermont CEDS Region, composed of Caledonia, Essex, Franklin, Grand Isle, Lamoille, and Orleans Counties, have an approved CEDS. This approval comes from the federal Economic Development Administration (EDA) and allows this area to remain eligible for grants from EDA.
The CEDS is maintained by committee composed of representatives from the regional planning commissions, the Vermont Department of Economic Development, the Vermont Agency of Commerce, as well as representatives from the business community, the agricultural, education, technology sectors, and natural resources. This committee works with all 115 communities to compile a list of priority economic development projects. This list is updated annually.