One Coast, One Future Strategy - Presentation | Published August 2009
One Coast Summary | Summer 2009
One Coast Report | Summer 2009
One Coast Appendices 1 | Summer 2009
One Coast Appendices 2 | Summer 2009
One Coast, One Future seeks to spark new and renewed growth through cooperative, location-appropriate efforts. The goal is to stimulate economic growth, job creation and individual economic opportunity by linking the lower Fairfield County region's business centers in a new and stronger alliance for their mutual benefit.
The One Coast Consortium has developed a Comprehensive Economic Development Strategy (CEDS) to identify regional projects and goals to submit to the U.S. Economic Development Administration (EDA) to approve for eligibility of possible funding for identified projects. EDA describes a CEDS as follows:
A comprehensive economic development strategy (CEDS) is designed to bring together the public and private sectors in the creation of an economic roadmap to diversify and strengthen regional economies. The CEDS should analyze the regional economy and serve as a guide for establishing regional goals and objectives, developing and implementing a regional plan of action, and identifying investment priorities and funding sources. A CEDS integrates a region's human and physical capital planning in the service of economic development.
Integrated economic development planning provides the flexibility to adapt to global economic conditions and fully utilize the region's unique advantages to maximize economic opportunity for its residents by attracting the private investment that creates jobs for the region's residents. A CEDS must be the result of a continuing economic development planning process developed with broad-based and diverse public and private sector participation, and must set forth the goals and objectives necessary to solve the economic development problems of the region and clearly define the metrics of success.