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Effective: 11/19/2020ASSOCIATION OF CENTRAL OKLAHOMA GOVERNMENTS RURAL ECONOMIC ACTION PLAN (REAP) GRANT PROGRAMPOLICY AND PROCEDURES The general policies, program guidelines and criteria set forth
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01
Identify the specific goals and objectives of the rural economic action plan.
02
Gather data and research relevant to the rural area to determine the challenges and opportunities.
03
Consult with stakeholders such as local residents, businesses, and government officials to gather input and feedback.
04
Develop strategies and action plans based on the data and input gathered.
05
Implement and monitor the progress of the rural economic action plan, making adjustments as needed.

Who needs rural economic action plan?

01
Local government agencies responsible for economic development in rural areas.
02
Community organizations working to improve the economy of rural communities.
03
Businesses looking to invest or expand in rural areas.
04
Residents of rural areas who want to see economic growth and development in their communities.
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The rural economic action plan is a strategic framework designed to stimulate economic development and improve the quality of life in rural areas by identifying and addressing key economic challenges and opportunities.
Typically, local governments, development agencies, and organizations that receive funding or support from state or federal programs focused on rural development are required to file a rural economic action plan.
To fill out a rural economic action plan, one should gather relevant data, outline the economic goals, identify resources, establish a timeline, and detail the strategies and actions to be taken to achieve the objectives.
The purpose of the rural economic action plan is to provide a structured approach for enhancing economic growth, attracting investments, and addressing rural challenges through strategic initiatives and collaboration among stakeholders.
The rural economic action plan should report information such as economic goals, targeted industries, available resources, proposed initiatives, stakeholder involvement, and metrics for measuring success.
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