KCP&L Achieves Accredited Economic Development Organization (AEDO) Designation

The KCP&L Economic Development team recently earned designation as an Accredited Economic Development Organization (AEDO) from the International Economic Development Council (IEDC), a non-profit membership organization serving more than 4,700 economic developers. KCP&L is only the second utility economic development organization (EDO) to earn the coveted AEDO accreditation, which recognizes the professional excellence of local and state economic development entities, regional public-private partnerships, the economic development departments of utility companies and non-profit business associations throughout North America.

KCP&L initiated its AEDO application in September 2015. In July 2016, an AEDO review team of practicing economic developers made a site visit to Kansas City toevaluate KCP&L’s internal and external economic development operations, as well as its structure and procedures in-action. During the site visit, the review team met with nearly 30 stakeholders including KCP&L leadership and staff, economic development allies and community partners at the local, regional and state levels, along with key consultants and vendor partners. Those meetings were used to compose a detailed report that was presented to the entire AEDO Committee, which then voted on accreditation.

AEDO DesignationIn the final report, Sharon Ward and Don Bernhard of the AEDO site review team described the KCP&L Economic Development team as, “An organization with a clear well-defined strategy, a strong budget to effectively support that strategy and a well-educated and highly-skilled staff that is capable of executing the strategy. They work well with partners throughout the region and form a highly effective, multi-county, two-state economic development team. The region-wide cooperation that the review team witnessed in the Kansas City metropolitan area was among the most impressive we have seen. Therefore, the review team wholeheartedly recommends AEDO accreditation for Kansas City Power & Light Economic Development.”

Created in 1993, the AEDO program recently accredited its 50th organization, welcoming six new AEDOs, including KCP&L, in 2016.

Members of the KCP&L Economic Development team were recognized on September 27 at IEDC’s Annual Conference in Cleveland, Ohio. To maintain its AEDO status, KCP&L is required to earn reaccreditation every three years.

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