Greater Philadelphia Economic Development Framework

Greater Philadelphia Economic Development Framework

Product No.: 09008
Date Published: 10/2009

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The Greater Philadelphia Economic Development Framework (Framework) was developed to satisfy provisions for a Comprehensive Economic Development Strategy (CEDS) for the Greater Philadelphia Region, encompassing portions of Pennsylvania, New Jersey, and Delaware. This document was developed according to provisions outlined in 13 CFR 303.7(c), Consideration of non- EDA funded CEDS, and was authored cooperatively with Select Greater Philadelphia and Ben Franklin Technology Partners. This Framework provides an overview of economic development in Greater Philadelphia, and includes a regional profile (including an historical overview, economic and demographic characteristics, the identification of 'distressed' communities as per EDA definition, and projected trends); a review of regional economic development organizations, programs, and resources; and summaries of key economic development documents, including numerous studies, reports, and analyses that have been developed over the last few years that provide insight into challenges and opportunities for economic growth in Greater Philadelphia. The report identifies regional economic development goals, objectives, and performance measures and includes a list of key economic development projects identified by the region's economic development and planning professionals as most likely to contribute towards meeting the identified goals and objectives. Delaware Valley

Geographic Area Covered: Greater Philadelphia, including DVRPC's nine member counties (Bucks, Chester, Delaware, Montgomery, and Philadelphia counties in Pennsylvania and Burlington, Camden, Gloucester, and Mercer counties in New Jersey); New Castle County, Delaware; and Salem County, New Jersey.

Key Words: Economic development, CEDS, regional framework, innovation, competitiveness, nanotechnology, life sciences, sectors, clusters, performance measures

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