IEDC is the largest membership association serving economic and community development professionals in the world.
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, programs, and staff of the candidate economic development organization.
Earning the AEDO accreditation tells the community and prospects that Invest Newark has attained a measure of excellence assuring that their trust is well placed and their business is in good hands.
Invest Newark, the city of Newark’s Economic Development Corporation, aims to propel the city’s strong and diverse economy, builds vibrant communities, and creates opportunities for all Newarkers.
Invest Newark supports small, women and minority-owned businesses, invests in world-class internet service, spurs real estate development and executes economic development activities to produce and sustain economic growth, generate jobs and create wealth for the citizens of Newark.
“Invest Newark displays the professionalism, commitment, and technical expertise that is deserving of this honor,” IEDC CEO Nathan Ohle said.
CEO of Invest Newark CEO Marcus Randolph said the group was thrilled to be honored.
“We are proud that Invest Newark has achieved this accreditation,” he said. “Our organization is now the only AEDO accredited economic development organization in New Jersey. Our hard-working team, in partnership with the City of Newark, remains committed to advancing economic development in Newark and ensuring that our strategies at Invest Newark are inclusive of all Newarkers.
“This accreditation and the unique opportunity to get feedback and guidance from other skilled economic developers from across the nation, tells me that we’re on the right path here in Newark.”