[Code of Federal Regulations]
[Title 13, Volume 1]
[Revised as of January 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 13CFR303.2]

[Page 549-550]
 
                TITLE 13--BUSINESS CREDIT AND ASSISTANCE
 
CHAPTER III--ECONOMIC DEVELOPMENT ADMINISTRATION, DEPARTMENT OF COMMERCE
 
PART 303--PLANNING PROCESS AND STRATEGIES FOR DISTRICT AND OTHER PLANNING ORGANIZATIONS SUPPORTED BY EDA--Table of Contents
 
Sec. 303.2  Planning process.

    (a) The strategy committee must be inclusive and representative of 
the main economic interests of the area covered by the strategy. Such 
interests include public officials, community leaders, private 
individuals, business leaders, labor groups, minorities, and others who 
can contribute to and benefit from improved economic development in the 
area covered.
    (b) The planning organization must support the strategy committee 
with a staff skilled in economic planning or related fields.
    (c) The planning organization must conduct an initial and continuous 
study and analysis of the opportunities for economic development and of 
problems contributing to economic and related distress in the area 
covered, such as, for example, unemployment, underemployment, 
outmigration, or low per capita income, and possible solutions to such 
problems.
    (d) Planning organizations covered by this part 303 must submit an 
initial strategy to EDA in compliance with the requirements of 
Sec. 303.3, as determined by EDA. Each year thereafter, the planning 
organization must submit an annual strategy report, acceptable to EDA.
    (e) A new or revised strategy is required at least every five years, 
or sooner if EDA or the planning organization determines that the 
strategy is inadequate due to changed circumstances. Each strategy must 
be available for review and comment by appropriate government bodies and 
interest groups in the area covered. Strategies submitted by Districts 
require a 30 day opportunity for review and comment by the Governor or 
Governors, or designee(s), of the State or

[[Page 550]]

States in which they are located, prior to EDA approval.
    (f) If EDA identifies any deficiencies, it will notify the 
organization in writing and provide the organization a reasonable 
opportunity to remedy such deficiencies.
    (g) If any part of a district is in the Appalachian region (as 
defined in section 403 of the Appalachian Regional Development Act of 
1965 (40 U.S.C. App.)) the district shall ensure that a copy of the 
district's CEDS is provided to the Appalachian Regional Commission.

[64 FR 5356, Feb. 3, 1999, as amended at 64 FR 69874, Dec. 14, 1999; 65 
FR 71024, Nov. 28, 2000]