Economic Strategy

The U.S. Economic Development Administration designated the region as an Economic Development District in 1978.  The primary function of the North Central Florida Economic Development District is to create and update the Comprehensive Economic Development Strategy for the region.  The Economic Strategy provides the framework by which economic development projects in the region qualify for grant funding from the U.S. Economic Development Administration.  The Economic Strategy is developed by the Economic Strategy Committee which is comprised of regional economic development and workforce development professionals. 

In addition, the Council provides technical assistance to local governments and economic development organizations in order to promote economic growth.  The Council provides economic impact modeling services, and grant procurement and administration services for federal and state economic development infrastructure funding to these entities.