CRPC is designated as the 11-parish region’s economic development district by the U.S. Chamber of Commerce’s Economic Development Administration (EDA) and serves as the local development district for the federal-state agency, Delta Regional Authority (DRA). Staff works with its member governing jurisdictions, municipal and parish governments, non-profits, and businesses to support existing and new jobs; pursue infrastructure and resources that enable business and industry development; and generate opportunities for outside investment to be drawn into the region. CRPC staff provides technical assistance in the project development/packaging and project administration/guidance of federal and state funding opportunities.
Additionally, CRPC is in charge of maintaining the Comprehensive Economic Development Strategy (CEDS), as required by EDA. The CEDS is designed to bring together the public and private sectors in the creation of economic roadmap to diversify and strengthen regional economies. The CEDS serves as a guide for establishing regional goals and objectives, developing and implementing a regional plan of action, and identifying investment priorities and funding sources. The Public Works and Economic Development Act of 1965 requires a CEDS in order to apply for investment assistance under EDA’s Public Works or Economic Adjustment Assistance Programs.
Delta Regional Authority (DRA)
The Delta Regional Authority is a federal-state partnership that is mandated by congress to help create jobs, build communities, and improve the lives of the people of the eight-state Delta region.
Louisiana Economic Development (LED)
LED offers a variety of incentives to businesses for locating in the state of Louisiana and looking to expand operations and employment base. Federal and State incentives can be found utilizing LED's incentive finder.
Economic Development Administration (EDA)
The U.S. EDA, under the U.S. Department of Commerce, provides a range of funding opportunities for both economic development planning and capital construction projects that either create or retain jobs. EDA has a range of programs offering grant opportunities including: Public Works and Economic Development, Economic Adjustment Assistance, Technical Assistance, Research and Evaluation, Trade Adjustment Assistance for Firms, Community Trade Adjustment Assistance, and Global Climate Change Mitigation Incentive Fund. CRPC is the local designated economic development district for the 11-parish region and provides technical assistance to governmental entities and non-profits wishing to apply for EDA funds.
Capital Region Linking Economic Assets for Development (LEAD) SWOT Exercise
For Presentation download click the button bellow: