STAPLES, MN – Region Five Development Commission (R5DC) is currently seeking projects to include as projects in their Comprehensive Regional Economic Development Strategy (CREDS). The project submissions will be prioritized by a group of diverse regional leaders from the private, public & non-profit sectors. The committee will select projects with regional significance that create economic vitality, environmental stewardship, and quality of life. There are up to $5,000 dollars available to be rewarded to selected projects with a minimum of five projects to be chosen for funding.
Projects listed in the CREDS document allows access to U.S. Economic Development Administration (EDA) funding as well as other federal grant programs. Being listed in this document shows alignment to a regional plan which is favorable to most Federal, State or Local funding agencies. Projects will be shared with multiple funding agencies to encourage these partners to invest in projects meeting regional goals.
Projects and ideas are accepted until October 31, 2022. To submit an application, please go to https://www.surveymonkey.com/r/2022VitalProjects. The R5DC Comprehensive Regional Economic Development Strategy Committee (CREDS) meets in November to review and prioritize projects, followed by a 30-day comment period. Please contact Staci Headley at sheadley@regionfive.org or (218) 894-3233 for details.
To learn more about the 2022-2026 CREDS for Region 5, visit regionfive.org/creds or eda.gov/ceds for general information regarding this program from EDA.