Study: Virginia's Gateway Region among Best in the Nation
CHESTERFIELD - A 10-year evaluation of Virginia's Gateway Region has found that the economic development group is among the best in the nation.
Sustained Impact of Boston, Massachusetts, an independent evaluator fully funded by the Cameron Foundation recently completed the study. The in-depth study was conducted to thoroughly examine VGR's practices and procedures and construct a benchmark of the organization's effects on economic development compared to other economic development groups across the nation.
The study stated that VGR had "undergone dramatic transformation over the past decade" effectively becoming a global outreach vehicle for the region. The International Economic Development Council, the largest global non-profit membership organization of its kind based out of Washington, D.C., has developed the most widely accepted standard of best practice guidelines for the industry. The Sustained Impact study determined that VGR has utilized many of these practices.
