HUBZone Economic & Infrastructure Development
TEDI is dedicated to helping and developing low income and Historically Underutilized Business Zones (HUBZone) using innovative technologies and the Comprehensive Economic and Infrastructure Development (CEID) framework. We provide economic and technological solutions for developing communities. This includes items such as (but not limited to) agroforestry, conservation methods, systems integration (e.g., bio-composting livestock), business development, automated growing systems, and incorporating innovative and cost-effective technologies for operational support. By utilizing a phased approach founded on Agile software development, we grow local economies in low income areas by providing new methods for business and agriculture. This process can be used for any local or regional stakeholder whether inside the United States or International.
Comprehensive Economic & Infrastructure Development (CEID)
The Comprehensive Economic & Infrastructure Development (CEID)framework is a custom economic development method intended to take any community ecosystem and create a scalable implementation approach. The process uses Agile software development planning tools, new innovative technologies, and clear milestones for ¨CEID¨ progression. Much like the progression of an Agile Sprint cycle, a CEID cycle requires clear milestones for progression or will recycle requirements back to the CGA Backlog for future implementation (e.g., Agile “Product Backlog”). This method is configurable to any community whether international, local town, or municipality.
Each CEID implementation (CEID-1, CEID-2) builds an individual “rung” of the economic ladder within a community. By dividing requirements over 4 Critical Growth Areas (CGAs), we can improve upon or create systems to produce energy, financial systems, infrastructure, and create income generating operations (jobs) for a local community. CGAs and their corresponding requirements are building blocks to a successful economy. Each CEID cycle is the implementation of these requirements and building blocks in a way that can be transitioned to the local community.
Every task and subtask in a CEID must go through the same analytical approach. Every task must contain the following:
- An estimation on the “Level of Effort” (LOE) of the task using Fibonacci. Maximum number assignment is #2584.
- An estimation on the “Business Value” (BV) of the task using Fibonacci. Maximum number is #2584.
- A Return on Investment (ROI) calculation. Identified when dividing LOE/BV.
- Key Performance Indicators (KPI) to indicate when the task is complete.
Level of Effort (LOE) is calculated based on relative estimation. A Fibonacci score is assigned to each requirement from 1 – 2584. A total of 17 consecutive numbers are available for relative estimation behind the LOE and BV of a given task. By dividing LOE by BV, we arrive at a prioritization number known as the ROI. The ROI of a task will allow us to determine what CEID it will be in and when it will be performed. Because humans are scientifically known to be very good at relative estimation but terrible and exact estimation, this system provides us a foundation for us to work on the most impactful tasks first. Our goal is to delivery the most value as soon as possible.
Critical Growth Areas (CGA)
A Critical Growth Area (CGA) is a sector of a local economy that provides foundation for growth. Each of these areas must be developed or available for an economy (or business) to grow. When treating a Historically Underutilized Business Zone (HubZone), some of these areas may be well developed where others are not. Therefore, some CGAs may have very fewer tasks while others have many more. This process is designed to be applied to any economy of scale, even micro-business requirements (e.g., helping individual businesses grow). As identified earlier, the 4 CGAs include Economic Production Items (EPI), Energy Production & Storage (EPS), Banking-Finance-Regulation (BFR), and Infrastructure-Logistics (ILS)
CGA 1 Economic Production Items (EPI)
All tasks top level tasks and their child items relating to generating income are identified here. EPIs are will provide the initiative income or offset monetary requirements. EPIs are arguably the most valuable of all CGAs because it represents an end state of production. These are the items we want to produce to earn the local community wages and thus create jobs.
CGA-2 Energy Production & Storage (EPS)
EPS is how we intend to “power” the CGA. When constructing a business or initiative, we need a means to collect and/or store power. For example, a greenhouse requires lights or the construction of a road requires diesel fuel for construction equipment. Every facet of energy production, consumption, and storage is planned here. In many instances, a region or location will either have non-reliable power methods or none at all.
CGA-3 Banking, Finance, & Regulation (BFR)
An essential catalyst for any scalable economic solution is our ability to ensure accurate financial record keeping, banking, and regulation. In other words, any business operation must be able to exchange currency amongst those purchasing services/commodities and those who are receiving income from business endeavors must have access to banking services. In developing nations where, central banking is either hard to find or high cost, we can recommend reliable blockchain resources.
CGA-4 Infrastructure & Logistical Support (ILS)
The construction and leveraging of infrastructure such as roads, highways, trains, airports, ports (etc) are planned for in CGA-4. These are all infrastructure or logistical requirements in support of the production of PBIs. In other words, if we grow a lot of “kale” in our greenhouse, how do we quickly transport it to its intended destination while also maintaining the integrity of the product (e.g., refrigerated if in hot climate).
It is imperative for us to record progress, successes, and constraints for analysis and reporting. Every community is different and thus our flexible approach has become imperative to reconstruction of economies often plagued with uncertainty. Our ability to strategically view the problem and resolution (e.g., CGA Backlog) is an important as our ability to divide and conquer (e.g., individual CEIDs). Whether developing economies for US based Hubzones or international communities, our method is tangible, recordable, and adaptable.
US Based Community, Town, or Municipality
The CEID system can be implemented in any US based community, town, or municipality. It can even be adopted at the State level for implementation of large scale projects such as infrastructure development or other essential state programs. Our testing of this process comes from testing/facilitating within financially struggling communities called Hubzones in West Virginia.
Our Hubzone efforts are based out of Hampshire County, WV. This is where we are constructing examples of this method first-hand. For example, our property of 20-acres is facilitating this process now in developing an economy to scale. Here, we are implementing a comprehensive short and longitudinal business development program involving timber, nut production, syrup, and other commodities.
International Community, Town, or Municipality
The model of international from national has similarities but also vast differences. We have worked tirelessly at identifying deltas and constraints on our international model. Issues such as language barriers, access to infrastructure, host national bureaucracy, security, and other differentiators have been assessed and mitigated. Our experience is the demand for creating strong bonds with stakeholders and POCs in-country. This includes resources such as legal representation, construction POCs, and government officials. We will have personnel and staff operating side by side in any country but with the assistance of the local community. We will not operate any CEID without having TEDI staff onsite.
Impact Measurements & Reporting Results
The conclusion of every CEID will have with it a CEID report. These are KPIs and metrics recorded within our SharePoint environment and delivered through PowerBi. Our team will create a formatted book-like report to be printed at the conclusion of every CEID. This will outline what tasks have been accomplished, their health status, metrics behind those tasks (e.g., quantity of apples produced), community improvement/involvement, and other milestones. These CEID reports will also serve as the best means for both USAID and our host country to visualize our progress. All reports and metrics are accessible within the SharePoint environment for download. These metrics are also accessible as they are being performed (live) within the SharePoint Online environment and PowerBi.
This is our way of giving back to the community. We’ll be using green technologies coupled with enterprise solutions to create sustainable farming methods, improve infrastructure, create jobs, and more.Daryl Sharpe | CEO