Economic development strategy helps bring $13M in federal funding to Dayton region

A recently approved economic development plan “has already helped net more than $13 million in federal funding” and establishes equity and inclusiveness goals for the 13-county Dayton region, the Journal-News reports. The Comprehensive Economic Development Strategy (CEDS) was “developed in partnership with the U.S. Department of Commerce’s Economic Development Administration (EDA),” and is “required to access certain federal funds and technical assistance,” according to the article. The plan “sets economic development goals, strategies for achieving them, and an evaluation framework” for the region. EDA funding is competitive, but the CEDS “will be a very effective tool in giving us a significant leg up” when competing for national grant funds, Troy City Director Patrick Titterington said. For more, read the full article

Economic Development, State Updates