Economic Development Strategy and Grant Development
Toledo Comprehensive Economic Development Strategy (CEDS)
CRD received funding from the U.S. Economic Development Administration to update a Comprehensive Economic Development Strategy (CEDS) for a group of three counties in northwest Ohio: Lucas, Wood, and Ottawa. A CEDS is a strategy-driven plan for regional economic development that is the result of a regionally-owned planning process. Regions are required to have a CEDS to be eligible for many EDA assistance programs and must update them, at least, every five years. CRD staff are excited to lead the effort and develop a strategic path to recovery for the three-county region that takes advantage of the area’s many assets.
The CRD team led an effort to develop an initial CEDS for the Village of Crestline. The CEDS provides an important mechanism to coordinate economic development efforts, engage stakeholders, and establish a strategic blueprint for a community or region. Village leaders were referred to CRD, after they reached out to the EDA for assistance, as CRD is the region's EDA University Center. The focus of the EDA University Center program is to support economic development strategies in regions of chronic and acute economic distress. View the full Village of Crestline CEDS report.
CRD is working with the Logan County Community Improvement Corporation and other community leaders to develop an Economic Strategy for Logan County. Through comprehensive data analysis and robust public engagement efforts, this project will provide Logan County with a thoughtful and inclusive strategy for economic growth. This project is a joint effort between CRD and Ohio University, as part of our shared mission as an EDA University Center.
Fulton County Targeted Industry Analysis
After analyzing Fulton County's economy, the CRD research team developed a list of key sectors to target for retention and attraction activities. The assessment included a review of employment concentrations using location quotients and shift-share analyses, regional comparisons, and economic data trends. The report was created to serve as a guide for strategic planning and project implementation purposes. View the full Fulton County Targeted Industry Analysis report.
MetalX and Nature Fresh Farms
CRD partnered with the Village of Delta, Fulton County, and the Maumee Valley Planning Organization to assemble a successful application for $958,885 in Economic Development Administration (EDA) Public Works funds for construction of the proposed Village of Delta Raw Water Service project. This project involves the construction of a new raw water pump station which will be constructed on Village of Delta property immediately adjacent to the existing water treatment plant. The pump station and water system will be owned, operated, and maintained by the Village of Delta.
The proposed project will provide raw, untreated water to support and enhance economic development in the Village of Delta and surrounding region. The project will immediately serve two beneficiaries: Nature Fresh Farms, Inc. and MetalX, LLC, which are both located in the Village of Delta. Nature Fresh Farms will utilize the raw water supply for irrigation purposes to support the expansion of their greenhouse operations while MetalX will use the supply for dust control during the processes at their proposed new scrap metal recycling facility.