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What does SSED stand for?

SSED stands for Sudden and Severe Economic Dislocation

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http://www. worldcat. org/oclc/13034543> # Sudden and severe economic dislocation : program grants and loans in 1984 a schema:CreativeWork, schema:Book ; library:oclcnum "13034543" ; library:placeOfPublication http://experiment. worldcat. org/entity/work/data/5751784#Place/sacramento_calif_1121_l_st_suite_600_sacramento_95814> ; # Sacramento, Calif. (1121 L St. , suite 600, Sacramento, 95814) library:placeOfPublication http://id.
In 1983-84. the California Department of Commerce added a new component to the state's economic adjustment program -- predevelopment grants and direct business loans to communities experiencing "sudden and severe economic dislocation" (SSED). The department has found that direct financial assistance to communities. provided in conjunction with staff technical services and business location assistance.
The Economic Development Administration (EDA) has been appropriated $150 million under the Recovery Act to provide grants to economically distressed areas across the nation. Priority consideration will be given to those areas that have experienced sudden and severe economic dislocation and job loss due to corporate restructuring. The funds will be disbursed through the agency's traditional grant making process and will support efforts to create higher-skill, higher-wage jobs by promoting innovation and entrepreneurship and connecting regional economies with the worldwide marketplace.
As part of a Sudden and Severe Economic Dislocation Recovery Strategy funded by the EDA, The Pathfinders provided a socioeconomic impacts study and produced a comprehensive strategy designed to replace jobs lost, develop new programs and infrastructure, and produce a development finance plan for this Western Michigan County due to vanishing automobile industry employment. It was cited by the EDA as being an exemplary strategy.
Regional Economic Recovery Coordination Act of 2009 - Establishes in the Department of Commerce the Office of Regional Economic Adjustment, headed by a Director, to: (1) lead, support, and coordinate a program to address economic dislocation in eligible regions (regions undergoing sudden and severe economic dislocation.