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BASIC CRITERIA FOR PROCESSING APPLICATION <br />IEDC staff will use the following criteria to process the initial application for accreditation status. <br /> <br />a)Does the applicant organization employ a full-time economic development professional? <br /> <br />b)Does the applicant organization devote at least 50% of its time to economic development <br />activities? <br /> <br />c)Is the applicant organization a local or regional economic development organization (vs. state, <br />federal, railroad, utility, consultant practice, etc.)? <br /> <br />d)Does the applicant organization have an IEDC member on staff (for purposes of computing <br />the appropriate fee)? <br /> <br />e)What is the organization's annual operating budget and/or departmental budget for <br />economic development? <br />If these basic criteria are met, the economic development organization will be invited to apply for <br />accreditation. If doubt exists as to the eligibility of the organization for participation in the AEDO <br />Program, the Chair of the AEDO Committee will be asked to review the information supplied and <br /> <br />to make a determination. <br /> <br /> <br /> <br /> <br /> <br />17 <br />Accredited Economic Development Organization <br />Program Description and Guidelines <br /> <br /> <br />