[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: 13CFR303.3]

[Page 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. 303.3  Requirements for a strategy.

    A strategy must be the result of a continuing economic development 
planning process, developed with broad-based and diverse community 
participation, and contain the following:
    (a) An analysis of economic and community development problems and 
opportunities including incorporation of any relevant material or 
suggestions from other government sponsored or supported plans;
    (b) Background and history of the economic development situation of 
the area covered, with a discussion of the economy, including as 
appropriate, geography, population, labor force, resources, 
infrastructure, transportation systems, and the environment;
    (c) A discussion of community participation in the planning efforts;
    (d) A section setting forth goals and objectives for taking 
advantage of the opportunities of and solving the economic development 
problems of the area serviced;
    (e) A plan of action, including suggested projects to implement 
objectives and goals set forth in the strategy; and
    (f) Performance measures that will be used to evaluate whether and 
to what extent goals and objectives have been or are being met.

[64 FR 5356, Feb. 3, 1999, as amended at 64 FR 69874, Dec. 14, 1999]