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Community Economic Development (CED) is a community-led process that combines social and economic
development to foster the economic, social, environmental and cultural well-being of communities.
A “community” can be a group of people who share
common experiences, goals, language, heritage and culture. Community can also refer to the
inhabitants of a specific geographic area, such as a rural village, an urban neighbourhood
or an entire city.
A CED approach is driven by the community, which (in the case of “geographic communities”) includes local residents, businesses, institutions and organizations. Through CED, local economies are strengthened by local skill, employment and (for-profit and not-for-profit) business development, all of which contribute to community well-being.
CED is a key component of the Province of Manitoba’s economic strategy and an approach central to Neighbourhoods Alive!’s efforts to support community driven neighbourhood renewal. The basic principles of CED are outlined below. Community organizations applying to Neighbourhoods Alive! are asked to describe how their proposed project demonstrates a commitment to these principles wherever possible.
Click here to download a pdf version of this fact sheet.*