Richmond, TX Receives 2023 Economic Excellence Award

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Press Releases
Feb 26, 2024
Mr. Carlton Schwab

The Texas Economic Development Council (TEDC) announced the recipients of its annual Economic Excellence Recognition program for 2023. The awards were presented on Friday, February 23rd, during the TEDC’s 2024 Winter Conference in San Antonio, Texas.

The Economic Excellence Recognition program provides recognition to economic development organizations that meet a desired threshold of professionalism. Recipients qualify for recognition based on training taken by their governing board/council as well as the economic development director and professional staff. Certifications, professional memberships and activities, and organizational effectiveness of the economic development staff also contribute to the standards for qualification.

The Development Corporation of Richmond was one of seventy-two (72) economic development organizations that received the TEDC's 2023 Economic Excellence Recognition. This is the first year that the Development Corporation has received this recognition from TEDC.

“The TEDC’s Economic Excellence Recognition program is one of the ways in which our organization honors the outstanding commitment to excellence of our communities and regions, their leaders, and their economic development professionals have toward the professionalization of their economic development efforts,” noted Carlton Schwab, President/CEO of the TEDC.”

The Texas Economic Development Council, established in 1961, is an Austin-based, statewide, non-profit professional association, dedicated to the development of economic and employment opportunities in Texas. The TEDC provides information, educational, and legislative services to more than 1,000 members. The organization’s objective is to support the economic growth of Texas and develop strategies that promote a positive business climate in the state.