SWOT Analysis

The EDA requires each CEDS to contain a strategic investigation of a region’s capabilities and capacity. This is used to find the Strengths, Weaknesses, Opportunities and Threats also known as the SWOT analysis. OEDA Economic Development District has identified the following information for the area’s SWOT analysis. 

Strengths

  • Renewable energy potential
  • Strong existing businesses
  • Quality local small town schools
  • Community support

Weaknesses

  • Transportation network
  • Housing options
  • Local healthcare facilities
  • Economic incentives 

Opportunities

  • Great cost of living
  • Untapped workforce
  • Small town living
  • Trade training

Threats

  • Declining population
  • Loss of healthcare providers and facilities
  • Small community schools closing
  • Attractiveness