Thrive has prepared a draft Regional Comprehensive Economic Development Strategy (CEDS), a federally required economic strategy for Clay, Montgomery, Parke, Putnam, Sullivan, Vermillion, and Vigo Counties. This plan was developed with local leaders and economic development professionals. The draft plan is now available for review. The public comment period ended on October 31, 2022. The final CEDS will be completed soon.
The CEDS is a strategy-driven plan for regional economic development. It provides an opportunity for local leaders, organizations, institutes of learning, and private industries to engage in a meaningful conversation about what capacity-building efforts would best serve economic development in the region. The CEDS provides a summary background of the economic conditions in the region, an analysis of regional strengths, weaknesses, opportunities, and threats, a vision, goals, and action plan, and an evaluation framework to measure the implementation and impact on the regional economy.