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Economic Development Policy and Procedures Manual <br /> <br /> <br />Letters of support for the economic development program from within the utility and from <br />partners. <br />IEDC staff will review all information when submitted, will request clarification or expansion if needed, <br />and will forward information to the AEDO Committee in both summary and original form. <br /> <br />Commitment of Support Criteria <br />Commitment of Support documentation shall provide evidence of multiyear commitment to the <br />organization from funders, cosponsors, and partner agencies. Also required is a listing of the <br /> <br /> <br />Nonprofit or public-private organizations are required to provide at least one letter of <br />each <br />commitment from type of funding sector. <br /> <br />Governmental organizations funded solely through governmental appropriations are required <br />to provide a letter of commitment from the chief elected official. <br />1 <br />AEDO Economic Development Organization Strategic Plan Criteria <br />An economic development organization strategic plan includes the following: <br />Mission Statement; <br /> <br />Achievable goals and objectives; <br /> <br />A realistic appraisal of available resources, constraints, and opportunities; and, <br /> <br />Project action plans to reach goals, including the identification of responsibility, timelines, <br /> <br />and project or program prioritization. <br />2 <br />AEDO Marketing Plan Criteria <br /> <br /> <br />Goalsshould be specific enough to lead to logical objectives. <br /> <br />Objectives are the specific targets to be achieved in realizing the goal. <br /> <br /> <br />Marketingstrategies should describe how to achieve the goals and objectives identified. <br /> <br />The strategy asks the questions what programs, procedures, and activities will enable us to <br />reach our marketing goals. Both short-term and long-term strategies should be developed. <br /> <br />Monitoringof established goals, objectives, and strategies should be an ongoing process. <br /> <br /> <br />1 <br /> Based on the IEDC Professional Development Manual, Economic Development Strategic Planning. January, 2006 <br />2 <br /> Based on the IEDC Professional Development Manual, Introduction to Economic Development. January, 2006 <br />12 <br />Accredited Economic Development Organization <br />Program Description and Guidelines <br /> <br /> <br />