Louisiana Economic Development became the only state agency in the U.S. to be accredited by International Economic Development Council Monday.
LED, the state’s economic development agency, is one of only 61 economic development groups in the world to earn the status, which follows a more than yearlong documentation and site review process by the International Economic Development Council, according to an LED announcement.
“The findings of the IEDC team showed that we are doing a remarkable job of meeting our economic development mission, and that we have a plan and a process to do even better,” Gov. John Bel Edwards says.
IEDC CEO Jeff Finkle says earning the accreditation assures state residents, elected officials at all levels, and employers and business prospects that their trust in LED is well-placed and that the state economic development agency is conducting its duties with the utmost level of professionalism.
LED began the AEDO process on May 1, 2017. During the accreditation process, LED submitted more than 500 pages of documentation about department activities, goals, budgets and planning.
