The Mohawk Valley Economic Development District is required each year to set a short-range scope of work, update a long-range economic development plan for the region and explain the types of activities the district has undertaken to meet its vision and goals.
Speaking during a Mohawk Valley Regional Economic Development Council public outreach session at Ilion Junior-Senior High School on Thursday night, MVEDD Chief Operator Officer Greg Eisenhut said before it can submit its comprehensive economic development strategy, or CEDS, to the Economic Development Administration, the district needs input from county residents who are frequently involved with business, workforce training and all issues of community and economic development.
“The CEDS is the gate to EDA funding,” said Eisenhut, “and to prepare the CEDS the district needs to gather information from individuals interested in economic development issues.”
The comprehensive economic development strategy must be submitted to the U.S. Department of Commerce’s Economic Development Administration for approval by Dec. 31.
“It’s a thorough document designed to guide the economic growth of an area, which in this case is the six counties served by the MVEDD. The CEDS helps create jobs, fosters stable and diversified economies and provides a mechanism for coordinating the efforts of individuals, organizations, local governments and private industries concerned with economic development,” said Eisenhut.
In presenting the district’s goals for 2012, Eisenhut said MVEDD will seek to develop flexible financing methods and mechanisms to simulate job creation and/or retention; assist in and encourage the development of new and expanded market opportunities; promote the viability, growth and retention of small businesses with special attention to emerging regional clusters, niche manufacturing, alternative energy generation, nanotechnology and cyber security; develop shovel-ready industrial parks and sites and encourage redevelopment of existing parks; facilitate situations to enhance job-generating opportunities for the disenfranchised segments of the economy and encourage youth to spend their lifetime in the communities where they were raised; develop partnerships with labor agencies and public and private institutions of higher education; encourage intergovernmental cooperation in the reduction and abatement of air, water and land pollution and to facilitate the redevelopment of brownfields; encourage the improvement of the district’s intermodal transportation system; promote agriculture and related businesses; utilize the district’s natural resources and its historic and cultural attributes to stimulate tourism, industrial and business development; encourage intergovernmental cooperation, with particular emphasis on sharing services and consolidating local service providers; develop regional solutions in regard to plans and strategies; stimulate expansion of the manufacturing and service industry sectors, with particular emphasis on the diversification of the local economy; develop, upgrade and expand modern, served infrastructure, including water, sewer, natural gas, electric and wireless communications acceptable to state regulatory requirements; and encourage expansion and supply of affordable and adequate housing.
“Loans to businesses are the bread and butter of what we do,” said Eisenhut, “but we also provide assistance to municipalities to help them expand and modernize their infrastructure.”
Page 2 of 2 - Anyone wishing to add input to the CEDS is invited to email the MVEDD at email@example.com or to call the office at 26 W. Main St., Mohawk, at 866-4671.