2003 Annual Report Executive Summary

Central Appalachia Enterprise Community

The primary focus of CAEZ continues to follow the benchmark system which is grouped into four areas; Economic Development, Housing, Health and Education, and Infrastructure.

Economic development in our area continues to progress. Two new facilities are being constructed in the Mt. Hope Industrial Park and this will result in the creation of four new businesses in our area and eleven new jobs have been established. CAEZ completed Loan Committee, Housing Committee, and Board Member training in 2003 and our system functions more efficiently and the expanded leadership capabilities are having a very positive effect on our community. CAEZ is currently working toward the establishment of a wood fuel distribution co-operative in Clay County with start-up planned for 2004. We have completed a comprehensive feasibility study of a tourism related industry for Clay County and have taken the initial steps to begin promotion of this industry. With technical assistance provided by USDA, CAEZ continues to make progress toward a sustainable community.

 

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