Comprehensive Economic Development Strategy
Comprehensive Economic Development Strategy (CEDS)
E-REP is currently seeking proposals from qualified professions who are knowledgeable in research and development, planning, and data analysis to provide Comprehensive Economic Development Strategy (CEDS) planning services for the Evansville Region. Click below to access the RFP that was issued November 9, 2023. In addition, questions and answers in conversations with inquiring firms will also be accessible as they arise. The deadline to submit proposals is 5 p.m. CST December 6, 2023.
The Evansville Region will produce a new CEDS in 2024. This strategy-driven plan for regional economic development will be a key enabler, serving as a guide toward becoming more resilient, equitable and competitive.
A CEDS is a vital component of establishing and maintaining a robust economic ecosystem by building regional capacity – through hard and soft infrastructure – that contributes to individual, firm, and community success. It provides a vehicle for individuals, organizations, local governments, learning institutes, and private industry to engage in a meaningful conversation and debate about what capacity-building efforts would best serve economic development in the region.
The planning area includes the four counties traditionally described as the Evansville Region. They are Vanderburgh, Posey, Warrick, and Gibson counties. Note that Henderson County (Ky.), while part of the Evansville MSA, cannot be part of this plan as it is already included in the Green River Area Economic Development District.
Following is an approximate timeline of events during this pursuit:
- July: E-REP applies for the EDA’s Planning and Local Technical Assistance Program
- September/October: EDA awards E-REP $60,000 to hire a consultant and develop new CEDS
- November: Response for Proposals issued seeking qualified firm
- December: Consultant selected after internal review and interviews with finalists
- January: Consultant selection is announced; project commences
- February-September: CEDS developed by consultant, strategy committee, advisory groups, and E-REP
- October: Draft CEDS is released; public input solicited
- November/December: Public input incorporated; final CEDS adopted and submitted for EDA approval
- January/February: EDA-approved CEDS used apply to become designated Economic Development District (EDD)
- March/going forward: Governing board at E-REP guides the efforts of the EDD and implement the CEDS
For questions regarding the Evansville Region’s CEDS, please contact Program Manager, Patrick Hickey via email at firstname.lastname@example.org or by calling 812-421-2800.