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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 C€DS as <br />needed to anticipate new opportunities, address new issues, identify new projects and <br />strategies and remorse finished projects and strategies. <br />Since the CED5 is a living document, annual reports wilt 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 wW Exp lWon of <br />Regional Clusters and industries <br />► Number of new jobs created r <br />Number of jobs retained T . <br />► Increase In private Investment <br />Number of key companies receiving in-depth <br />counseling 14 or more hours] / <br />Number and $value of key Industry/business 414 i� •:. <br />capital expansion projects <br />• Number and types of Federal and State 1, <br />Investments secured to support specific duster or <br />Industry codlaborathre Initiatives <br />u $ 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 Entneprcnawship <br />Number of new ventures created <br />Number of workshops offered for small business and entrepreneurs <br />Number of small businesses receiving in-depth counseling (4 or more hours) <br />0 <br />