Greater Portland Comprehensive Economic Development Strategy (2022-2027)

Greater Portland Inc develops the region’s Comprehensive Economic Development Strategy (CEDS) in partnership with Metro every five years. Greater Portland’s designation as an Economic Development District (GPEDD) by the U.S. Department of Commerce’s Economic Development Agency (EDA) qualifies projects that align with the CEDS within the district (including Multnomah, Washington, Clackamas and Clark counties) to receive funding from the EDA.

About the CEDS

The CEDS is a strategy document, updated every five years, that charts a course for our region’s future. It allows hundreds of partners throughout the region to align around shared priorities. This alignment positions our region to leverage investment from local and federal governments. The strategy identifies regional needs, actions necessary to address those needs, and organizations with the ability to lead those actions.

Vision Statement

The Greater Portland region is an equitable, innovative, resilient and forward-thinking economy that fosters upward economic mobility for individuals and prosperity for businesses.

Goals

  • Foster upward economic mobility
  • Support a competitive economy
  • Build a resilient region

How will the CEDS be used?

  • Educate - the documents will be used to engage elected officials and business leaders to help amplify the vision and provide support through actions.
  • Invest - the strategy will be used to leverage greater investment in the region by providing data and rationale that can be used to obtain grants to fund implementation and align federal and states' legislative agendas to collaboratively solicit funding.
  • Collaborate - the work will engage organizations and departments within jurisdictions to break down silos and leverage resources to the greatest extent possible to elevate one another's work.

Greater Portland Economic Recovery Plan

In addition to the CEDS, GPEDD recently developed an economic recovery plan for the region in response to COVID-19. This work directly informed and is embedded in the CEDS.