PRESS RELEASE
Greater Sacramento Economic Council takes center stage with top honors at IEDC
 |
Greater Sacramento |
10/21/24
GSEC earns prestigious #3 Economic Development Organization award and a Gold Award for its 2023 Life Sciences Report, showcasing regional innovation and growth
DENVER, CO —Greater Sacramento Economic Council (GSEC) has achieved significant recognition at the 2024 International Economic Development Conference (IEDC) Annual Conference held in Denver, Colorado. GSEC has been named the #3 Economic Development Organization (EDO) for the third year in a row, marking a prestigious honor that underscores its impact on economic growth and innovation. Additionally, GSEC received the Gold Award for Excellence in Economic Development in the Print Brochure category for its 2023 Life Sciences Report, which was also a nominee for Best in Show.
The #3 EDO award highlights GSEC’s exceptional contributions to economic development on a global scale, showcasing its strategic initiatives, partnerships and successful outcomes in driving job creation and investment. This recognition solidifies GSEC’s position as a leader in economic development, affirming its commitment to fostering a thriving business environment in the Greater Sacramento region.
“As Chair of GSEC’s Board of Directors, I’m incredibly proud of our team for earning this distinction,” said Gary S. May, Chancellor of UC Davis. “It is a testament to the hard work, commitment and spirit of innovation our team demonstrates every day, and they truly deserve it.”
In addition to this significant accolade, GSEC’s 2023 Life Sciences Report was among fourteen projects nominated for Best in Show at IEDC’s Excellence in Economic Development Awards. This report, a collaboration with CBRE and Colliers, highlights the region’s strategic life science assets, including a thriving talent pool, robust research institutions and a favorable business climate. It details key sectors such as biotechnology, pharmaceuticals, medical devices and agri-food tech, providing insights into industry trends and investment opportunities.
“I’m thankful for the opportunity to have been part of the Colliers Sacramento team, collaborating with CBRE and GSEC on the award-winning 2023 Life Science Report,” said Tommy Ponder, SIOR and Executive Vice President of Colliers. “It’s rare to see two major firms come together, which makes this accomplishment even more meaningful”.
“It was an honor to be able to collaborate with Colliers and GSEC on this report, which highlights Greater Sacramento’s growing Life Sciences community and helps communicate the opportunities for growth in scientific industries within the region.” Nellie Cruz, Senior Associate at CBRE.
IEDC is the largest membership organization serving economic developers around the world, and its Excellence in Economic Development Awards recognize the world’s best economic development programs, partnerships and leaders.
GSEC’s recognition from IEDC further strengthens its reputation as a national leader in economic development and reaffirms its commitment to building a thriving, future-focused economy in the Greater Sacramento region.
For more information about the Greater Sacramento Economic Council and its work in life sciences, please visit 8x5.hkange.net .
About the Greater Sacramento Economic Council
The Greater Sacramento Economic Council is the catalyst for innovative growth strategies in the Capital Region of California. The organization spearheads community-led direction to retain, attract, grow and scale tradable sectors, develop advanced industries and create jobs and investment throughout a six-county region. Greater Sacramento represents a collaboration between local and state governments, market leaders, influencers and stakeholders, with the sole mission of driving inclusive economic growth. The Greater Sacramento region was founded on discovery, built on leadership and fueled by innovation.
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 5,000 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 experiences. 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.
Media Contact:
Brianna Buda, Communications Manager
Greater Sacramento Economic Council
(916) 287-9072
bbuda@hkange.net
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