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In accordance with EDA guidelines, annual reports detailing progress achieved on economic <br />development activities will be prepared. The yearly reports will effectively adjust the CEDS as <br />needed to anticipate new opportunities, address new issues, identify new projects and <br />strategies and remove finished projects and strategies. <br />Since the CEDS is a living document, annual reports will provide details regarding the previous <br />year's efforts toward defined goals. Key objectives will be tracked and "next steps" will be <br />stated for the coming year. These projected plans will continue to identify specific projects, <br />estimated costs and timeframes, funding mechanisms, responsible parties, and project <br />partners. <br />The following performance measures will be used to evaluate how well strategies and projects <br />are producing desired outcomes and impacts for the Kittitas Yakima region. <br />GOAL ONE: Support the Retention and Expansion of <br />Regional Clusters and Industries <br />• <br />• <br />• <br />• <br />• <br />• <br />• <br />• <br />Number of new jobs created <br />Number of jobs retained <br />Increase in private Investment <br />Number of key companies receiving In-depth <br />counseling (4 or more hours) <br />Number and $ value of key industry/business <br />capital expansion projects <br />Number and types of Federal and State <br />investments secured to support specific cluster or <br />Industry collaborative initiatives <br />$ loan capital packaged to support expanding businesses <br />$ value of tax credits secured to support expanding businesses <br />GOAL Two: Support Small Business Success and Entrepreneurship <br />• Number of new ventures created <br />• Number of workshops offered for small business and entrepreneurs <br />• Number of sma" businesses receiving in-depth counseling (4 or more hours) <br />52