International Economic Development Council Recognizes The World Trade Center Los Angeles With Excellence in Economic Development Award
WASHINGTON, DC (Sept. 19, 2017) – The World Trade Center Los Angeles won a Silver Excellence in Economic Development Award for its Select LA Investment Summit, a project in the category of Special Event of the International Economic Development Council (IEDC).
The honor was presented at an awards ceremony on Tuesday, Sept. 19, during the IEDC Annual Conference, which was held Sept. 17 – 20, in Toronto, Ontario, Canada.
“On behalf of the IEDC board of directors and Excellence in Economic Development Awards Advisory Committee, congratulations to the World Trade Center Los Angeles. Not only did they work to provide a necessary service to their community; but also, their participation in the awards program sheds light on their stellar projects which other communities can now use as a benchmark.” – Michael Langley, FM, CEO of GREATER MSP, Minneapolis–St. Paul, MN, and 2017 IEDC Board Chair
The Select LA Investment Summit brings together global investors and business and governmental leaders from all-over Southern California to facilitate and secure foreign direct investment (FDI). Hosted by the World Trade Center Los Angeles and the Los Angeles County Economic Development Corporation (LAEDC), Select LA provides detailed research and matchmaking, key components for foreign investments. The summit provides international companies with a comprehensive understanding of the region’s advantageous industries and investment ecosystem while offering active investment opportunities. Select LA attracts over 350 attendees and more than thirty speakers, including Los Angeles Mayor Eric Garcetti providing the keynote address each year. The program and speakers focus on specific industry clusters prevalent in the LA region such as aerospace and defense, bioscience, entertainment and clean-technology. Over the last three years, the U.S. Department of Commerce has designated Select LA as an official spin-off event for its SelectUSA program in Washington D.C.
The World Trade Center Los Angeles is a non-profit organization and subsidiary of LAEDC that provides business assistance to international companies seeking to locate or expand operations in Los Angeles County, and to local companies seeking to export products and services to the international market. WTCLA supports this development through its business assistance, educational and matchmaking programs.
“The awards process is a thorough, non-biased and multi-layered process. These are extraordinary accomplishments for all winners, and an overall great effort by all participants. We look forward to next year’s awards competition,” Langley said.
About the International Economic Development Council
The International Economic Development Council (IEDC) is a non-profit membership organization serving economic developers. With more than 5,000 members, IEDC is the largest organization of its kind. Economic developers promote economic well-being and quality of life for their communities, by creating, retaining and expanding jobs that facilitate growth, enhance wealth and provide a stable tax base. From public to private, rural to urban, and local to international, IEDC’s members are engaged in the full range of economic development experience. Given the breadth of economic development work, our members are employed in a wide variety of settings including local, state, provincial and federal governments, public-private partnerships, chambers of commerce, universities and a variety of other institutions. Among many activities which benefit the economy, IEDC’s members create high-quality jobs and develop vibrant communities. www.iedcONLINE.org.
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