Central Indiana Comprehensive Economic Development Strategy (CEDS)

The final Central Indiana Comprehensive Economic Development Strategy (CEDS) was adopted by the Indianapolis MPO Executive Committee on May 20, 2022. IMPO staff are meeting with county commissioners to secure resolutions of support for the CEDS and are compiling the information to send the CEDS to the US Economic Development Administration for consideration and as the work product of the CARES Act planning grant received by the IMPO for completion of the strategy.

CEDS


About the CEDS

The U.S. Economic Development Administration (EDA) defines the Comprehensive Economic Strategy (CEDS) as a strategy-driven plan for regional economic development. It is designed to build capacity and guide the economic prosperity and resiliency of a region and provides the capacity-building foundation for different sectors (private, government, non-profit) to work in conjunction with one another to create the environment for regional economic prosperity. Learn more about the CEDS and Economic Development Districts under "Resources" below.

Project Milestones

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  • 2019 Secure letters of participation from counties and secure funding commitments from the Indy Partnership and the Indiana Economic Development Corporation
  • 2020 Discussions with economic development leaders, apply for and receive CARES Act funding for the CEDS, collect and evaluate RFP submissions
  • Early 2021 Select consultant and send strategy committee invitations
  • April 2021 Project kick-off
  • Mid-late 2021 Develop CEDS strategy
  • Spring 2022 Public notice and comment period
  • Summer 2022 Complete draft and adoption (In Progress)
  • Mid 2022 Submit CEDS to EDA
  • Late 2022 Exploratory committee for EDD

Resources

The Central Indiana CEDS region differs slightly from the IMPO metropolitan planning area used for transportation projects (light blue shaded area on map). The CEDS region includes Madison County but excludes Shelby County. Madison County has its own MPO, so they are not included in the IMPO but is included in the CEDS. Shelby County is part of the Southeastern Indiana Regional Planning Commission, which is a designated Economic Development District (EDD) and disqualifies the county from being a part of this CEDS.

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A CEDS is also the prerequisite to designating Central Indiana as an Economic Development District. The goal is the 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.




CEDS 101 Presentation
CARES Act Funding Press Release
2021 CEDS Strategy Committee
Public Comments Received
Town Hall Presentation Deck
CEDS Single Page Version
February 23 Town Hall Recording
March 7 Town Hall Recording