GRE’s award-winning program supports the growth of second-stage companies in the Greater Rochester, NY region
Rochester, NY – Greater Rochester Enterprise (GRE) received a 2023 Excellence in Economic Development Gold Award from the International Economic Development Council (IEDC). The award was bestowed specifically for the organization’s work in the Business Retention and Expansion Initiatives category that impacted communities with more than 500,000 residents.
“Greater Rochester Enterprise has raised the bar for excellence in economic development with its GRE Economic Gardening program. This award is a testament to Greater Rochester Enterprise’s dedication to its businesses and serves as a great example of how economic development can help transform a community for the better,” said Nathan Ohle, IEDC President and CEO. “It is IEDC’s honor and privilege to present Greater Rochester Enterprise with this award and recognize its leadership and innovation in the field of economic development!”
Every year IEDC looks specifically for economic development organizations, government entities, initiatives, and programs that have demonstrated consistent, exemplary performance in the economic development profession, leading the execution of projects that have a significant impact on revitalizing communities, and playing a major role in shaping and improving the practice of economic development.
“We are honored to receive the IEDC’s 2023 Excellence in Economic Development Gold Award, which further validates the work GRE does every day to support business growth throughout the Greater Rochester, NY region,” said Matt Hurlbutt, GRE president and CEO. “The GRE Economic Gardening program is an effective way to help fast growing second-stage companies increase qualified sales leads, job creation, and revenue growth. Participating companies have recorded an average revenue growth of 30%.” GRE is currently accepting applications for its award-winning GRE Economic Gardening program. Program details are here.
About Greater Rochester Enterprise:
Greater Rochester Enterprise (GRE) is the lead regional economic development organization committed to attracting new capital investments and creating regional wealth and new jobs throughout the Greater Rochester, New York, region. GRE collaborates with local businesses, universities, not-for-profit organizations, and government leaders to position the region as one of the most innovative economies in the world. Its unified approach to economic development was recognized in October 2022 by the Reimaging the Economy Project at the Harvard Kennedy School of Government.
About the International Economic Development Council
The International Economic Development Council (IEDC) is a non-profit, non-partisan membership organization serving economic developers. With more than 4,300 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 engage in the full range of economic development practices. Given the breadth of economic development work, our members are employed in various settings, including local, state, provincial, and federal governments, public-private partnerships, chambers of commerce, universities, and a variety of other institutions. When we succeed, our members create high-quality jobs, develop vibrant communities, and improve the quality of life in their regions. Learn more at iedconline.org.