Comprehensive Economic Development Strategy for South Florida, 2012-2017

South Florida Regional Planning Council Seven 50 CEDS

June 4, 2013

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Overview

Statewide Initiatives Strategic Planning Efforts Alignment CEDS Process CEDS and SRPP Implementation of the CEDS Seven50 CEDS

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Six-Pillars of Florida’s Future Economy™

A framework serves as an organizing force for strategic planning at local, regional and state levels Talent Supply & Education Innovation & Economic Development Infrastructure & Growth Leadership Business Climate & Competitiveness Civic & Governance Systems Quality of Life & Quality Places

Six Pillars 20-year Strategic Plan The Florida Scorecard

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Florida 5-Year Statewide Strategic Plan

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Planning Efforts Alignment (1) Common timing – 11 Regional Planning

Councils are undergoing a concurrent update of their CEDS by the fall of 2012

Common framework – all 11 RPC’s CEDS are using the Florida Chamber Foundation’s Six-Pillars of Florida’s Future Economy™ as the organizing foundation

Alignment with the State of Florida’s Five-Year Statewide Strategic Plan developed by the Department of Economic Opportunity (DEO)

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Planning Efforts Alignment (2) Miami-Dade OCOG® Broward Six Pillars Monroe County

Comprehensive Plan EAR Florida Eight South Florida and

Treasure Coast’s CEDS Seven50

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Planning Efforts Alignment - Summary2012 2017 2060

State

Region

Local

2030

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What is CEDS?

A five-year economic development roadmap for the Region

Co-funded by the US Economic Development Administration (EDA) and the South Florida Regional Planning Council (SFRPC)

Last update - the 2007-2012 CEDS was approved by the CEDS Strategy Committee in 2007

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What does CEDS do?

Analyzes the regional economy Establishes regional goals and objectives Develops and implements a regional plan of

action Identifies investment priorities and funding

sources, and Assigns lead organizations responsibilities for

execution of the CEDS

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CEDS Strategy Committee

Council staff worked with public and private sector partners to create the CEDS Committee, which includes private and public sector representatives, community leaders, representatives from workforce development boards, institutions of higher education and minority and labor groups, and private individuals.

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Strategy Report and Technical Report

The whole report (strategy report and technical report) and the strategy report summary are available on the Council’s website: www.sfrpc.com/CEDS/SouthFloridaCEDS2012-17.pdf www.sfrpc.com/CEDS/SouthFloridaCEDS2012-

17_StrategySummary.pdf

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Strategy Report and Technical Report

Strategy Report (Summary-handout) vision, goals, objectives economic development strategies action plan and priority projects and

investments Strategy Report is based on analyses and

strategic findings in the Technical Report

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CEDS and SRPP As a performance-based plan, the CEDS will

serve a critical role in the Region’s efforts to defend against economic dislocations due to global trade, competition and other events resulting in the loss of jobs and private investment.

As such, the updated CEDS is compatible with and supportive of goals of the SRPP and its supporting policies, specifically, Goals 1,2,3,4,8,14,15,17,18,19,20,21,22.

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CEDS Implementation

The CEDS was approved by the SFRPC’s Board at the September Council Meeting.

The CEDS will be updated at regular intervals.

All 11 RPC’s have used the Six Pillars framework in their respective CEDS updates.

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Seven50 CEDS

How can the SFRPC CEDS inform the Seven-County Regional CEDS process?