Comprehensive Economic Development Strategy for South Florida, South Florida Regional Planning Council Seven 50 CEDS June 4, 2013

9/10/2012South Florida Regional Planning Council2 Overview Statewide Initiatives Strategic Planning Efforts Alignment CEDS Process CEDS and SRPP Implementation of the CEDS Seven50 CEDS

9/10/2012South Florida Regional Planning Council3 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

9/10/2012South Florida Regional Planning Council4 Florida 5-Year Statewide Strategic Plan

9/10/2012South Florida Regional Planning Council5 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)

9/10/2012South Florida Regional Planning Council6 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

9/10/2012South Florida Regional Planning Council7 Planning Efforts Alignment - Summary State Region Local 2030

9/10/2012South Florida Regional Planning Council8 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 CEDS was approved by the CEDS Strategy Committee in 2007

9/10/2012South Florida Regional Planning Council9 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

9/10/2012South Florida Regional Planning Council10 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.

9/10/2012South Florida Regional Planning Council11 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:   17_StrategySummary.pdf

9/10/2012South Florida Regional Planning Council12 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

9/10/2012South Florida Regional Planning Council13 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.

9/10/2012South Florida Regional Planning Council14 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.

9/10/2012South Florida Regional Planning Council15 Seven50 CEDS How can the SFRPC CEDS inform the Seven-County Regional CEDS process?