MIDAS was designated by the Economic Development Administration as an Economic Development District (EDD) for the MIDAS area. EDDs are multi-jurisdictional entities, commonly composed of multiple counties which help lead the locally-based, regionally driven economic development planning process that leverages the involvement of the public, private and non-profit sectors to establish a strategic blueprint for regional collaboration.
The strategic blueprint, known as a Comprehensive Economic Development Strategy (CEDS), is a strategy-driven plan for regional economic development. A CEDS is the result of a “regionally-owned” planning process designed to guide the economic prosperity and resiliency of an area or region. It provides a coordinating mechanism for individuals, organizations, local governments, and private industry to engage in a meaningful conversation and debate about the economic direction of their region.
- Development of the Comprehensive Economic Development Strategy for the region
- Economic Development Revolving Loan Fund (RLF)
- Grant Writing
- Plan Development
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