Comprehensive Economic Development Strategy June 4, 2013 Palm Beach County Business Development Board – Seven 50 Meeting

Topics of Discussion: ► CEDS ► CEDS Implementation ► Tie-in to Seven 50

Comprehensive Economic Development Strategy

CEDS Four-county action plan designed to promote: Cluster-based industry strategy Business growth/development High wage job growth Economic diversification

Created in Partnership With: ► State, Regional and Local Economic Development Partners including:  CEDS Committee members  Business Development Board of Palm Beach County  Economic Council of Palm Beach County  Business Development Board of Martin County  Economic Council of Martin County  Economic Development Council of St. Lucie County  Indian River County Chamber of Commerce  Florida Department of Economic Opportunity  Workforce Alliance  Workforce Solutions  South Florida Manufacturers Association  Treasure Coast local governments  South Florida Regional Planning Council  Florida Regional Councils Association  Others

Organized Around the Six Pillars Framework

CEDS Plan is Value-Driven Bringing Tax Dollars Back to the Region Entrepreneurship/Small Business Development Value-Added Industry Critical Infrastructure Glades Utility Authority Regional Infrastructure Project VGTI Florida under construction Sunside Fun, Inc. - Vero Beach

CEDS Implementation

Tie-In to Seven 50

► CEDS plan can inform Seven 50 with respect to potential:  Projects  Programs  Activities Key question: How do we create a globally competitive regional economy?