On September 27, 2005, the Central Puget Sound Economic Development District Board unanimously adopted the Regional Economic Strategy for the Central Puget Sound Region, a set of detailed action initiatives focused on strengthening our region’s leading industry clusters and rebuilding the foundations of our economy. In 2008, the Prosperity Partnership added to the Strategy by developing approaches to strengthening two additional industry clusters: military and tourism/visitors.

The Regional Economic Strategy serves as the Comprehensive Economic Development Strategy (CEDS) for the region. The CEDS is a required prerequisite for eligibility to receive federal funds available from the federal Economic Development Administration (EDA). The CEDS process provides an opportunity for economic development stakeholders, and the community at large, to unite behind a vision that creates long-term economic growth and security, while protecting the natural and social assets that make the region distinct and attractive.

For more information regarding the CEDS, please contact Eric Schinfeld, Program Manager, or call 206-971-3053.