WASHINGTON, DC (Sept. 19, 2017) – The London Economic Development Corporation won a Bronze Excellence in Economic Development Award for its Activity Update, a project in the category of Annual Report from the International Economic Development Council (IEDC).
The honor was presented at an awards ceremony on Tuesday, Sept. 19, during the IEDC Annual Conference, which was held Sept. 17 - 20, in Toronto, Ontario, Canada.
“On behalf of the IEDC board of directors and Excellence in Economic Development Awards Advisory Committee, congratulations to the London Economic Development Corporation. Not only did they work to provide a necessary service to their community; but also, their participation in the awards program sheds light on their stellar projects which other communities can now use as a benchmark.” - Michael Langley, FM, CEO of GREATER MSP, Minneapolis–St. Paul, MN, and 2017 IEDC Board Chair
Each year since 2013, the London Economic Development Corporation (LEDC) produces an Annual Report to inform board members, stakeholders and partners of its activities and their impact. Called the 'Activity Update,' this document is designed in-house to highlight the key accomplishments that the LEDC has made in relation to the strategic pillars: grow, invest, venture, talent, and engage. Each activity within the pillars fall under what the LEDC has identified as London, Ontario's key sectors: Advanced Manufacturing, Food and Beverage Processing, Digital Creative, Health Care and Life Sciences, and Professional Services.
This allows the LEDC to measure activity trends, such as the increase in the number of investments the manufacturing sector has received. It is one way the LEDC is communicating our direct efforts and how they impact the economy, through measuring performance indicators such as the number of new jobs created, new investments generated, and the number of clients worked with. The goal of the LEDC's Activity Update is in-line with our Strategic Plan - to demonstrate tangible economic progress as a result of LEDC activities.
You can view our 2016 Annual Report here.
“The awards process is a thorough, non-biased and multi-layered process. These are extraordinary accomplishments for all winners, and an overall great effort by all participants. We look forward to next year’s awards competition,” Langley said.
About the International Economic Development Council
The International Economic Development Council (IEDC) is a non-profit membership organization serving economic developers. With more than 5,000 members, IEDC is the largest organization of its kind. Economic developers promote economic well-being and quality of life for their communities, by creating, retaining and expanding jobs that facilitate growth, enhance wealth and provide a stable tax base. From public to private, rural to urban, and local to international, IEDC’s members are engaged in the full range of economic development experience. Given the breadth of economic development work, our members are employed in a wide variety of settings including local, state, provincial and federal governments, public-private partnerships, chambers of commerce, universities and a variety of other institutions. Among many activities which benefit the economy, IEDC’s members create high-quality jobs and develop vibrant communities www.iedconline.org.
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