Lake EDC Awarded $80,000 to Update the CEDS
July 11, 2023
Lake County Economic Development Corporation Awarded $80,000 to Update the Comprehensive Economic Development Strategy
Lake County, CA (July 11, 2023) – Lake County Economic Development Corporation (Lake EDC) has received $80,000 in Economic Development Administration (EDA) funding to complete an update to the Comprehensive Economic Development Strategy (CEDS). To complete the project, the County of Lake, and Cities of Lakeport and Clearlake have contributed a total of $20,000 in matching funds.
The CEDS update is a locally driven effort to guide the economic prosperity and resiliency and serves to engage community leaders, private sector firms and industries in the development of the five-year plan. The completed CEDS will act as a road map for future economic development efforts and provide supporting document when seeking federal grant funding to complete projects that fit within priorities named within the CEDS.
Lake EDC will be seeking community input and collaboration during the 12-month process. Steps in the process will include data analysis, community listening sessions and engagement with agencies involved in infrastructure, private sector industry, healthcare, resiliency, education, natural environment, and government. Additionally, Lake EDC will be publishing a Request for Proposals (RFPs) to assist in the development of the CEDS.
To find out more about the CEDS process, how you can participate, or how to bid on the RFPs, click here.