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PEDC HOSTS NATIONAL ECONOMIC DEVELOPMENT WEEK CELEBRATION - MAY 9-15, 2021
7 May 2021
Pasadena joins cities nationwide to increase awareness of the positive work economic developers do to enhance local economic impact
Pasadena, Texas – PEDC is marking National Economic Development Week from May 9-15, 2021 to celebrate the contributions of positive economic development and explain the role of the profession in our local community, including stewardship of policies and programs explicitly directed at improving the business climate through specific efforts, business finance, marketing, infrastructure improvements, business retention and expansion, real estate development and others.
“Economic development is a critical component that drives economic growth in our economy,” said Steve Cote, PEDC Chairman. “Programs such as National Economic Development Week help raise awareness about its importance and highlights the exemplar work being done by economic developers around the globe.”
Now in its sixth year, National Economic Development Week was created by the International Economic Development Council, the largest professional membership organization for economic developers, in 2016 to recognize the unique role that economic development has in creating vibrant communities with strong economies. Over the span of five years, more than 450 campaigns have been created throughout the United States and Canada, creating millions of impressions, hundreds of news stories, blog entries, videos, events, and other activities. Cities, counties and states recognized the week in past years through official proclamations, local community events, and informational campaigns online and through social media. The United States Economic Development Administration (EDA) has also issued a statement commemorating Economic Development Week in past years.
“PEDC is excited to be a part of this weeklong celebration and look forward to highlighting some of the key initiatives and accomplishments our organization has seen over the last few years,” said Suzette McDowell, PEDC Marketing manager.
To learn more about Economic Development Week, visit IEDC online at iedconline.org/edw.
About Pasadena Economic Development Corporation (PEDC) - PEDC was created in 1998 as a nonprofit, type B corporation under the Texas Development Corporation Act. It is financed by a half-cent sales tax collected in the City of Pasadena. State law allows the city to collect this sales tax to pursue specifically authorized economic development activities in the city.
The seven members of PEDC’s Board of Directors are appointed and serve at the discretion of the City of Pasadena Mayor and City Council. The Corporation’s annual budget is also approved by City Council.
About the International Economic Development Council - The International Economic Development Council is the leading international association for professional economic developers. IEDC supports the work of more than 5,000 economic developers to create high-quality jobs, develop vibrant communities, and improve the quality of life in their regions. Our members are employed in a wide variety of settings including local, state, provincial, and federal governments, public-private partnerships, universities and a variety of other institutions.