Albuquerque, New Mexico, March 21, 2024 (GLOBE NEWSWIRE) — The International Council for Economic Development (IEDC) announced that the Albuquerque Regional Economic Alliance has been identified as one of 79 global economic progress organizations accredited through the IEDC as an accredited body. Economic Development Organization (AEDO).
“AREA demonstrates the professionalism, commitment and technical expertise that this honor deserves,” said Nathan Ohle, president and CEO of IEDC.
The AEDO program is a comprehensive peer review procedure that measures economic progress organizations that oppose commonly accepted criteria in the career and recognizes excellence in economic progress organizations (EDOs). The program is made up of two phases: a document review and a site visit. . Each phase is designed to evaluate data on the structure, organization, funding, programs, and body of workers of the applicant economic progression organization.
Don Tarry, Chairman of the Board of Directors of AREA and President and Chief Operating Officer of PNM Resources, commented, “The documents required even for accreditation are important; prior to the final touch of our AREA 1. 0 Strategic Plan, I have not had all the required documents to do so, so I would like to congratulate and thank the leaders of the AREA Board of Directors who pushed for the creation and adoption of this fundamental foundational document.
“As the director of an organization where national accreditation is essential, I know this is a huge task for AREA. This popularity validates the exceptional economic progression point of service we have here in our region and confirms what we already know: AREA is best in class,” said Tracy Hartzler, president of Central New Mexico Community College. “
Achieving AEDO accreditation demonstrates to the local community, potential customers, and decision-makers that AREA has reached a point of excellence by making sure your customer is well-placed and your business is in smart hands. The maintenance of AEDO’s prestige is necessary every 3 years and is done through the submission of documents and/or on-site visits through a team of the AEDO subcommittee.
Danielle Casey, President and CEO of AREA, commented, “I am incredibly proud of the AREA team who worked for months to compile the documents needed for this peer review procedure and site visit, as well as the many board members, investors, and partners who participated in meetings and discussions with the review team during their on-site visit.