Comprehensive Planning for Strategic Regional Growth
Balancing economic development with responsible growth is critical to the Merrimack Valley. At MVPC, we embrace principles of smart growth, sustainability and resiliency as key components to the future development and redevelopment of the region. Our regional vision of promoting growth is balanced by our commitment to protecting the Merrimack Valley region’s most critical natural resources.
The Merrimack Valley serves as an economic development district (EDD) for the Economic Development Administration (EDA) of the U.S. Department of Commerce. EDA is the main economic development agency of the federal government and works with EDDs throughout the country to promote regional cooperation and job growth. MVPC is the designated liaison between EDA and our constituent communities. MVPC receives an annual planning grant from EDA, which allows us to develop and manage the Merrimack Valley Comprehensive Economic Development Strategy (CEDS).
Developed in collaboration with leaders from the private, public, and nonprofit sectors, the CEDS includes actions to empower communities to create and retain jobs, stimulate growth, and increase innovation and entrepreneurship. The CEDS is a five-year document, but it is updated annually with statistics and other data that helps MVPC and its stakeholders plan accordingly. The 2013 Merrimack Valley Comprehensive Economic Development Strategy is the current CEDS the region is working from. The 2015 CEDS Annual Update includes a summary of how the CEDS is funded and the three priority areas for 2015 and beyond.
MVPC submits annual reports that highlight our progress towards addressing the goals and objectives of the CEDS. Recent reports include the 2016 MVPC CEDS Progress Report and the MVPC 2017 Semi-Annual Progress Report.
In addition to producing the regional CEDS document, the program consists of:
- Organizing quarterly regional CEDS Committee Meetings. The last meeting was held on January 31, 2017. More information is included below.
- EDA and other economic development grant application assistance;
- Information support through MVPC’s regional demographic data center; and
- Support and technical assistance for regional economic development initiatives.
Merrimack Valley CEDS Committee
The Merrimack Valley CEDS Committee is responsible for guiding the development of our region’s CEDS Plan. Economic development strategy meetings are held quarterly and focus on identifying responsible parties for the implementation of shared goals and objectives. Through this process, a number of collaborative efforts for both ongoing and potential projects are identified. In addition, key economic development themes critical to enhancement of the regional economy are examined.
MV CEDS Agenda for January 31, 2017 at NECC in Haverhill
Merrimack Valley Branding Campaign Presentation
MV Transportation and Economic Development Presentation
MV CEDS Priorities for 2017 Presentation
The next meeting of the Merrimack Valley CEDS Committee is April 27, 2017 at NECC in Lawrence. More details to come!