The NWI Economic Development District
The NWIEDD was established as a Not-For-Profit Corporation in 2009 after many years of Regional groups discussing the need for a formation of an Economic Development District (EDD). The Northwest Indiana Regional Planning Commission (NIRPC) and Northwest Indiana Forum (Forum) came together with the singular goal of making Northwest Indiana recognized as an Economic Development District, a status which would make the Region eligible to receive certain types of federal funding. This goal led to two important steps. First, both organizations agreed that completion of a CEDS was paramount in this process, and the Indiana Economic Development Corporation funded NIRPC to hire a consultant to accomplish that task. Second, in order to develop and implement economic development programs, the not-for-profit Northwest Indiana Economic Development District, Inc. was formed.
Understanding the NWIEDD
An Economic Development District (EDD), is a federally designated organization charged with the maintenance and implementation of the Comprehensive Economic Development Strategy (CEDS) plan. The Northwest Indiana CEDS is guided and overseen by a Board of Directors. This independent body reflects the demographic makeup of the Region as a whole, and includes representation from public, private, and educational sectors. Nine public sector representatives were appointed by NIRPC, and eight private sector representatives by the Northwest Indiana Forum. Great thought was given to ensuring that appointments were representative of the requirements outlined by the EDA.