What is SPEDD?
Designated as a Redevelopment District by the Economic Development Administration (EDA), the South Plains Economic Development District (SPEDD) is a non-profit corporation operated and staffed by SPAG.
What does SPEDD do?
Through strategic planning and the development of a regional economic development plan, the program encompasses the areas of Industrial Marketing and Recruiting, Business Retention and Expansion, and Small Business Development.
Also, through SPEDD and its affiliation with the Economic Development Administration (EDA), SPAG can assist eligible communities and counties through EDA’s Public Works program. The program awards grants for the purpose of improving or providing infrastructure for economic development. Moreover, the district is responsible for maintaining and updating the Comprehensive Economic Development Strategy (CEDS) for the region.
The CEDS (Certified Economic Development Strategy) report contains demographic and economic data from our region that informs economic development goals and strategies.
Compiled each Spring, this document discusses issues ranging from educational programs to unemployment rate to city and county infrastructure.
U.S. Census Bureau
Bureau of Economic Analysis
Texas Economic Development Council