The International Economic Development Council (IEDC) has recognized Greater Reading Economic Partnership as one of 45 economic development organizations to earn the designation of an Accredited Economic Development Organization (AEDO). Originally accredited on September 22, 2008, the organization was reaccredited by IEDC following seven successful years of activity as an AEDO member.

“Greater Reading Economic Partnership displays the professionalism, commitment, and technical expertise that is deserving of this honor,” said IEDC President and CEO Jeff Finkle.

The AEDO program is a comprehensive peer review process that measures economic development organizations against commonly held standards in the profession. The program consists of two phases: a documentation review and an onsite visit. Each phase is designed to evaluate information about the structure, organization, funding, program, and staff of the candidate economic development organization.

Earning the AEDO accreditation tells the community and prospects that Greater Reading Economic Partnership attained a measure of excellence assuring that their trust is well placed and their business is in good hands.

Jon Scott, President and CEO of GREP, said the AEDO designation underscores his organization’s mission to provide excellent professional service. “We take great care in treating every business prospect with a high degree of respect and making sure all of their needs and requests for accurate information are met in a timely manner. Accreditation from the IEDC is the most prestigious accolade we can receive, and it highlights our commitment to economic development in Greater Reading.”

Scott said an important aspect of accreditation is that site selectors – a key audience that works with corporations and businesses looking to expand or relocate – are assured of working with a knowledgeable group that can bring the right resources to the table when competing for business opportunities.

Maintenance of the AEDO status is required every three years and is accomplished through documentation submission and/or onsite visits by a team of the AEDO subcommittee.