Southern Puerto Rico Pilot EDD
Timeline and Process
Sequence of Events
Regional Economic Development Assessment Phase
Determine the geographical area: Economic RSF (complete)
Assemble a governing body that is broadly representative of the economic interests of the region, including representatives of the private sector, community leaders, institutions of higher education, minority and labor groups, public officials, workforce development boards, and private individuals.
Use the CEDS to request the Federal Designation as an EDD. Once the CEDS is approved, a new Economic Development Organization (EDO) will be created to request the EDD designation. The new entity will be responsible for administering this CEDS.
Proposed Timeline of Stakeholders Engagements and Milestones
- Kick-off with Puerto Rico’s Pilot EDD Strategic Leadership Team and International Economic Development Council (IEDC) staff and volunteers
- Conduct local industry analysis based on NAICS data and SLT’s input to determine sector clusters
- Research a web-based tracking system that will display measurements of the Pilot Economic Development District outcomes so that progress is transparent.
- Develop stakeholders’ questionnaires
- University of Puerto Rico – Ponce facilitates small group interviews with local stakeholders representing multiple sectors of the economy.
- Deliver all input from the stakeholder interviews to IEDC staff.
- ERSF facilitates IEDC interviews with the Mayors representing the six municipalities of the SPREDD, as part of the SWOT Analysis.
- IEDC completes the SWOT Analysis and deliver to Titín Foundation and the Strategic Leadership Team. The SWOT Analysis, in addition to extensive research and stakeholder input, is the basis from which the Titín Foundation and the SLT with technical assistance from the ERSF, developed the CEDS.
- Titín Foundation publishes the CEDS for a 30-day Public Review and Comment Period.
- Titín Foundation and the Strategic Leadership Team, with ERSF assistance, review public comments and adapt the CEDS, if needed.
- Titín Foundation submits the updated CEDS to the Economic Development Administration.
Process for Forming an Economic Development District in Southern Puerto Rico
Economic Development Administration Economic Recovery Support Function (ERSF)
Updated April 2, 2020
Updated April 2, 2020
The following steps, in chronological order, must be taken for successful establishment of an Economic Development District in Southern Puerto Rico:
- Determine the geographical area to be covered and that there is sufficient financial and moral support for an EDD by obtaining endorsements from municipalities and Puerto Rico.
- Develop a Comprehensive Economic Development Strategy (CEDS) in accordance with Economic Development Administration Guidelines, including public participation, economic analysis- based and publicly supported strategies, and adherence to all other guidelines set forth in Section 303 of Title 13, Chapter III of the Code of Federal Regulation.
- Begin the process of establishing a non-profit organization within Puerto Rico and Federal statutes.
- Assemble a governing body that is broadly representative of the economic interests of the region, including representatives of the private sector, community leaders, institutions of higher education, minority and labor groups, public officials, workforce development boards, and private individuals.
- Identify potential candidates for staff positions who are qualified persons in economic development, planning, business development, and related disciplines.
- Put policies in place to ensure access for persons who are not members to make their views known on ongoing and proposed EDD activities through public meetings and distributing information prior to enacting programs, adopting parliamentary procedures for governance, compliance with public disclosure of documents, and adhering to Federal and State financing assistance reporting requirements and Federal conflicts of interest provisions.
The Economic Development Administration (EDA) Economic Recovery Support Function has requested assistance from the International Economic Development Council (IEDC) in producing a SWOT Analysis.
Titín Foundation will lead this effort with support of ERSF in meeting the above requirements in drafting the CEDS.