Comprehensive Economic Development Strategy

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As part of MCOG's Strategic Plan, the region must update the Midcoast Comprehensive Economic Development Strategy (CEDS) Plan (required by the Federal Economic Development Administration; EDA). The CEDS process, necessary for key projects to be eligible for federal funding, will identify a broad array of infrastructure needs to meet the vision, goals, and guiding principles for economic investment in the Midcoast region.

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CEDS is an opportunity to set goals and objectives together as a region – and to accomplish more together than we can apart. It is important as a way to leverage each other’s efforts. It also is a way to help attract federal grant funds by identifying high priority investments needed for the region.

 

The CEDS is intended as a 5-year plan, with annual updates. The last 5-year plan was completed in 2021 and is available for download here.  MCOG staff are working on its final annual update. The process for developing a new 5-year plan us is now is underway.

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Staff contact: Max Johnstone, mjohnstone@midcoastcog.com.

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