Overview of the CEED

The Center for Energy and Economic Diversification is located in a modern, 30,000-square-foot building midway between Odessa and Midland, Texas. Permanently housed in the building are the Small Business Development Center (SBDC), the Economic Development Administration University Center (EDA), and the Petroleum Industry Alliance (PIA). These units work together in helping the people and economy of the Permian Basin during a transition from an oil-dominated economy to a more diversified economy.

Efforts are aimed at providing assistance to the petroleum industry through the PIA in order to assure that it remains a viable part of the economy well into the twenty-first century. At the same time CEED works through the SBDC and EDA to assist individuals and communities in efforts to diversify the economy as the petroleum sector in the Permian Basin declines.

CEED is quickly becoming the gathering place of choice in the Permian Basin. Its location in the geographic center of the Permian Basin, midway between the two metropolitan areas, and near the International Airport provides an ideal spot for holding a meeting or conference. A variety of meeting rooms provides an excellent environment for groups of all sizes. The facilities are available for rent both days and evenings, seven days a week. CEED's friendly staff has hosted government meetings, chamber of commerce events, corporate meetings and training sessions, professional conferences, club meetings, dinner parties, news conferences, and even weddings.

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This page was last updated on April 21, 2008