Facilitating the Alignment of State and Regional Strategies
August 30, 2024CREC recently completed a three-year work program under a grant from the U.S. Economic Development Administration (EDA) to develop and support best practices in how states and regions can work more collaborative to align and integrate their economic efforts. CREC worked closely with the National Association of Development Organizations (NADO) Research Foundation, the State International Development Organizations (SIDO), and the American Manufacturing Communities Collaborative (AMCC) to make stronger connections between states and Economic Development Districts (EDDs).
As part of that work, CREC coordinated a cohort learning academy involving six states and their local partners, aimed at better aligning state economic development strategies with EDD Comprehensive Economic Development Strategies. Through this project, CREC sought to establish a new culture of state and regional collaboration to support economic recovery and growth. CREC conducted research on strategies in all 50 states, six territories, and nearly 400 economic development districts, creating a taxonomy and database of economic development strategies for further analysis.
For more information on this project or any project regarding economic development and regional alignment, please email SVP Bob Isaacson at bisaccson@crec.net.