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Local receives Developer of the Year award

Peterson recognized for successes as a new player in economic development

Posted: September 30, 2010 5:23 p.m.
Updated: October 2, 2010 5:23 p.m.

Jonas Peterson, executive director of Santa Clarita Valley Economic Development Corporation in Valencia, was awarded with the Outstanding New Economic Developer of the Year Award by the International Economic Development Council (IEDC) for his noteworthy emergence as a new force in the field.

The honor was presented at an awards ceremony on Monday, Sept. 27 during the IEDC Annual Conference, Sept. 26-29 in Columbus, Ohio.

"The Outstanding New Economic Developer of the Year Award honors a professional for exceptional achievements in economic development, and Mr. Peterson has launched many a triumphant endeavor since his entrée into the business of economic development," said William Best, IEDC chair.

Jonas R. Peterson was recently hired as the first executive director for the Santa Clarita Valley Economic Development Corporation -- a new EDO designed to support the rapidly growing region located just northwest of Los Angeles.

Previously, Peterson served as the economic development director for Mohave County, Ariz., where he helped establish Mohave County as a world-wide leader in renewable energy power generation. During the past two years, Mohave County has recruited four of the largest wind and solar energy projects in the nation. Together, these projects represent approximately $9.8 billion in new capital investment and are expected to create over 11,000 jobs.

Peterson has conducted considerable research on comparative advantage and quantitative marketing. Recent publications include "Minding Our Own Businesses: a Practitioner's Guide to Regional Business Retention and Expansion," "Quantitative Marketing: Why Companies Respond to Location Comparison Studies" and "Recruiting California: Why Business in the Golden State Responds to Quantitative Marketing."

In 2010, Jonas received Arizona's "Economic Developer of the Year" award from the Arizona Association for Economic Development.

Peterson received a M.S. in Community and Economic Development from Pennsylvania State University and an M.B.A. with an emphasis on strategic communication from North Dakota State University. He is a Certified Economic Developer (CEcD), graduate of Oklahoma University's Economic Development Institute (OUEDI), graduate of the University of Arizona's Southwest Leadership Program and Certified Business Retention and Expansion Consultant.

The International Economic Development Council (IEDC) is the premier membership organization dedicated to helping economic development professionals create high-quality jobs, develop vibrant communities and improve the quality of life in their regions.

Serving more than 4,500 members, IEDC represents the largest network of economic development professionals in the world. IEDC provides a diverse range of services, including conferences, certification, professional development, publications, research, advisory services and legislative tracking.



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