It’s a name—or sometimes acronym—Rogers County residents see in headlines regularly—CIEDA.
Though they’re active in the community, some may not be sure of exactly who CIEDA is, or what they do.
Executive Director John Feary answered some commonly asked questions.
1.What is CIEDA and what do they do?
The Claremore Industrial and Economic Development Authority (CIEDA) is a public trust organization formed in 1948 under Oklahoma state law established to make efficient use of economic resources and to stimulate economic growth and development for the City of Claremore and Rogers County. CIEDA facilitates the recruitment, retention, and expansion of primary industry jobs and expansion of the sales tax base through recruitment of new destination retail business. CIEDA exists to create wealth and new investment for Claremore area residents and businesses. CIEDA is dedicated to strengthening and improving the business environment for Claremore by providing comprehensive economic development services. CIEDA also is responsible for the management of the Claremore Regional Airport.
2. Who in the community benefits from CIEDA?
The beneficiaries of CIEDA's activities and role throughout Rogers Co. are the entirety of the community. Our endeavors in attracting new primary job creators and expanding our existing industry partners is intended to attract quality jobs, raise more residential rooftops and attract new retailers that meet the wants & needs of the communities we support. One of our many focuses is workforce and talent development. CIEDA has a very intentional and strategic relationship with our Rogers County Pre-K through 12 school systems in developing tomorrow's workforce in today's environment.
3. What are some of the biggest projects and programs from the last six months?
The last six months have seen a dramatic swing in economic activity with the early year onset of COVID 19. Two of our largest endeavors in the last six months have been the development and implementation of the Connect Claremore program which is designed to be a resource for small businesses. CIEDA staff will be a facilitator to help new businesses starting up and existing businesses as we reopen and recover from the COVID-19 pandemic. The second big program we are developing in-house is a partnership with our county school systems that will open up doors through public private partnerships that, if successful, is expected to be a sustainable benefit to our youth for the next several years. This program will be unveiled publicly in the next 6 to 10 months but is currently in a pilot phase and not yet ready to be revealed. The staff, board of trustees and school districts are all excited about the potential of this partnership.
4. What does CIEDA have planned for the next six months?
Over the course of the next six months CIEDA will continue to implement our newly created programs mentioned above as well formalize our new Business Retention & Expansion (BR&E) program. The BR&E program will be an expansion of our existing relationships with current industrial partners in helping the recovery efforts of our energy sector employers and continue to grow our aerospace presence which has and is seeing exceptional growth in Claremore and Rogers County.
5. How does CIEDA operate?
CIEDA is a Public Trust that operates independently of but in partnership with other government entities. The CIEDA Trust has the benefit of being a government entity with capabilities not afforded to municipal government for the purpose of economic development endeavors. As a public Trust in Oklahoma, CIEDA is required by statute to have a beneficiary in the case the Trust ceases to exist or is disbanded by its own board. The City of Claremore is the beneficiary of the CIEDA Trust however the organization is funded through contractual economic development services with both the City of Claremore and the Board of Rogers County Commissioners (BOCC) as well as income from rents, rail spur leases, interest income, grants, etc. The CIEDA Board of Trustees is made up of seven voting members and two ex-officio members. The voting members represent manufacturing, banking, education, small business, property management and construction/development. The two non-voting members are the mayor and city manager of Claremore.