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What We Do

Economic Development

 

 

 Your trusted regional financial assistance provider

 

Lending opportunities:

Business Micro-Lending

Business Gap Financing

Individual Septic System Loans

Household Well Water Loans

  


Comprehensive Regional Economic Development Strategy


Through a planning grant provided by the U.S. Department of Commerce and Economic Development Association, Region Five Development Commission develops and maintains the Comprehensive Regional Economic Development Strategy (CREDS) for the region.

 

CREDS Strategy Committee

2016 EDD Governing Body

Vital Projects

 

 



 


Investment Priorities

 

Within the parameters of a competitive grant process, all projects are evaluated to determine if they advance global competitiveness, create jobs, leverage public and private resources, can demonstrate readiness and ability to use funds quickly and effectively and link to specific and measureable outcomes. To facilitate evaluation EDA has established the following investment priorities:

1. Collaborative Regional Innovation

2. Public/Private Partnerships

3. National Strategic Priorities

4. Global Competitiveness

5. Environmentally-Sustainable Development

6. Economically Distressed and Underserved Communities

 

Click here to learn more.


For more information on R5DC's Economic Development programs, please contact Cheryal Lee Hills at chills@regionfive.org or call 218-894-3233 x1.