Economic Development Strategy Print E-mail

Funding, through the Economic Development Administration, has been awarded to area businesses for projects that help stimulate economic growth. Greater Spokane Incorporated manages this process with the completion of an annual Comprehensive Economic Development Strategy (CEDS). The CEDS provides a regional template for future economic development, describes the economic challenges and potential of Spokane County and prioritizes economic development projects.

Economic Development Strategy (CEDS)

  • Sirti: $1.5 million awarded for a regional revolving loan fund to target technology companies. link
  • Sirti: $3 million awarded for the construction of a 35,000 square-foot wet-lab facility housed at the Riverpoint Higher Education Park. link
  • City of Spokane: $175,000 awarded for the development of a University District Master Plan. link
  • Washington State University: $212,605 awarded for the development of a Rural Telework Program. link
  • City of Cheney: $1.48 million awarded for infrastructure improvements for the planned Cheney Research and Industrial Park. link
Comprehensive Economic Development Strategy
Organization Dollar Amount Project Description
SIRTI $1.5 million Regional revolving loan to target technology companies
SIRTI $3 million Construction of a 35,000 square-foot wet-lab facility housed at the Riverpoint Higher Education Park
City of Spokane $175,000 University District Master Plan
WSU $212,605 Rural Telework Program
EDC $180,000 To support the implementation of our economic development planning program
City of Cheney $1,486,000 Infrastructure improvements for the planned Cheney Research and Industrial Park