Frequently Asked Questions
How long does it take to become an AEDO?
The accreditation process consists of two phases that elicit specific information about the structure, organization, funding, programs, and staff of the candidate economic development organization:
Phase one is a documentation review. Applicants submit documents demonstrating the organization’s development, structure, and activity. The document review process also helps determine if the organization is eligible for accreditation and deserving of a site team visit.
Phase two is a site team visit. The site team assesses the organization in action on a site visit. Members of the AEDO committee conduct the visit to meet with key personnel and community leaders over two days. Following the site visit, the site visit team makes a recommendation on the application. The AEDO committee then votes on the proposal. These results are not a “pass or fail” process. When an organization fails to earn accreditation, the site team will advise the necessary steps to attain accreditation. The organization will receive information and guidance on the areas of the accreditation process that require further development.
Read our Guide to Becoming an AEDO
How much does it cost to become an AEDO?
Accreditation & re-accreditation fees consider the budget of the organization. Fees for members range from $1,320 to $11,990 for accreditation ($7,700 to $12,100 for state agencies), and $880 to $7,150 ($5,005 to $10,450 for state agencies) for reaccreditation. The candidate organization is responsible for reimbursing all travel and lodging expenses of the site visit team. There is an application fee of $300 ($330 for state agencies).
What are the benefits of becoming an AEDO?
AEDOs receive: increased credibility with stakeholders, personalized recommendation reports, participation in the Annual Meeting of AEDOs, exclusive use of the AEDO logo, and more. Visit our AEDO Benefits page to learn more.
What is AEDO?
An Accredited Economic Development Organization (AEDO) is credential provided by IEDC. The AEDO Program recognizes the professional excellence of economic development organizations (EDOs). With the AEDO recognition, your organization will become part of an elite network of EDOS who have gone through this accreditation process.