REDP achieves prestigious reaccreditation
The REDP has again been recognized by the International Economic Development Council (IEDC) as one of only 68 economic development organizations to have earned the prestigious Accredited Economic Development Organization (AEDO) status.
The AEDO status positions the REDP among the top 1% of economic development organizations overall and makes the REDP one of only 10 Texas economic development agencies to have achieved such recognition. The REDP first received the coveted status in 2012, and successfully renewed it in 2016.
Richardson is also the only community in Texas, and only the second nationally, to have achieved the dual honors of AEDO accreditation and five-star accreditation of its Chamber of Commerce from the U.S. Chamber of Commerce.
“The City and Chamber staffs’ extraordinary efforts, and the creation and implementation of purposeful economic development programs, have again helped Richardson earn this esteemed national recognition,” said Richardson Mayor Paul Voelker. “Reaccreditation is a statement to our community and future business prospects that the REDP has maintained a standard of excellence few others have and remains on a strong, upward trajectory for economic development.”
The AEDO program is a comprehensive peer review process that measures economic development organizations against commonly held standards in the industry. The program consists of two phases: a documentation review and an onsite visit, which was conducted virtually this year due to the pandemic. Each phase is designed to evaluate information about the structure, organization, funding, program and staff of the candidate economic development organization. “The Richardson Economic Development Partnership displays the professionalism, commitment and technical expertise that is deserving of this honor,” said IEDC President and CEO Jeff Finkle.