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KEDC Wins State Award

The Texas Economic Development Council announced Kilgore as the recipient of two state-wide economic development awards at its annual Community Economic Development Awards Luncheon for 2019. The awards were presented Thursday, October 10, during the annual conference of the Texas Economic Development Council in San Antonio.
 
The Community Economic Development Awards program recognizes exceptional contributions of TEDC member cities toward the economic vitality of their communities and the state of Texas through creativity, leadership, and partnership in the achievement of business attraction, business retention, business recruitment and community improvement.
 
KEDC received two awards: The CEDA Award for outstanding community with a population between 10,000 and 20,000 as well as the overall Transferability Award for its Virtual Building Program. Overall awards are presented for outstanding programs regardless of community size.
 
CEDA Award
The CEDA committee received 25 applications from member communities that were judged on five criteria: innovativeness, transferability, community commitment and leverage, measured objectives, and secondary benefits.
 
Communities nominated included:  Population Less than 10,000 – Bastrop, Jasper, Littlefield and Roanoke. Population 10,001 to 20,000 – Katy, Kilgore, Levelland, Nederland and Tomball. Population 20,001 to 50,000 – Balch Springs, Boerne/Kendall County, Colleyville, Little Elm, Paris and The Colony. Population 50,001 to 100,000 – Cedar Park, Longview, Pflugerville and Temple. Population 100,001 to 250,000 – Allen, Mesquite and Odessa. Population 250,001 and Above – Borderplex Alliance, El Paso, Lubbock.
 
The 2019 CEDA recipients in population categories were:
Population Less than 10,000:         Littlefield Economic Development Corporation
Population 10,001 to 20,000:         Kilgore Economic Development Corporation
Population 20,001 to 50,000:         Paris Economic Development Corporation
Population 50,001 to 100,000:      City of Cedar Park
Population 100,001 to 250,000:     Allen Economic Development Corporation
Population 250,001 and Above:     Lubbock Economic Development Alliance
 
‘Receiving this award highlights the commitment of our community to economic development. We believe in a strategic approach that involves persistence and consistency,’ said KEDC President Bryan Johnston.  “The companies represented in these awards will impact our economy greatly, and we are honored they chose to grow in Kilgore.’
 
 
Transferability Award
The CEDA committee selected Kilgore as the recipient of one “best in show” award during the ceremony, the Transferability Award, for its Virtual Building Program that attracted German-based Wagner Tuning to construct a 60,000 SF building in Kilgore for its North American hub.
 
The 2019 CEDA recipients in the award criteria were:
Innovativeness:                                 Allen Economic Development Corporation
Transferability:                                  Kilgore Economic Development Corporation
Community Commitment
  and Leverage:                                  Borderplex Alliance
Measured Objectives:                      Littlefield Economic Development Corporation
Secondary Benefits:                          City of Colleyville
 
The award recognizes programs or projects that show potential use by other economic development agencies or practitioners for similar opportunities or solutions in any size community.  The criteria for award include that the program or project also should be readily transferable to comparable situations in other communities.
 
‘Our team works hard to innovate and keep KEDC on the leading edge of economic development initiatives,’ said Executive Director Amanda Nobles. ‘The KEDC board and staff emphasize product and project development in our program of work, and this award highlights an outstanding example of board leadership and staff execution.’
 
‘Our Community Economic Development Award is one of the ways in which our organization honors the excellent work done by our communities, their leaders, and their economic development professionals,’ noted Karen Dickson, 2019 Chair of the Texas Economic Development Council. ‘Each community nominated achieved excellence in economic development and substantially improved the economic base of their respective regions. The recipient communities in each population category were recognized for extraordinary accomplishments in meeting the criteria set forth in the nomination process.’
 
About TEDC: The TEDC provides information, education and legislative services to its members to foster the expansion of existing businesses, the location of new firms and the development of strategies that promote a positive business climate in Texas. With more than 850 members, the TEDC is now the largest state economic development association in the nation.
 
About KEDC: KEDC is an organization focused on growing and diversifying the Kilgore economy.  In the last five years KEDC staff closed projects that represent more than $13 million in new and retained capital investment and more than 2,600 jobs. It is directed by a five-person board and managed by a staff of four with certifications in economic development, economic development finance, and business retention.  KEDC has won international awards for excellence in economic development and has been selected as the outstanding Texas community of its size by the Texas Economic Development Council in 2001, 2007, 2015 and 2019.