International Economic Development Council 2016 Federal Leadership in Economic Development Programs Award Presented to The Honorable Fred P. Hochberg

Washington, DC, April 07, 2016 --( The International Economic Development Council has presented the 2016 Leadership in Economic Development Programs Award to The Honorable Fred P. Hochberg, Chairman and President of the Export-Import Bank of the United States (EXIM Bank). The award presentation was part of the 2016 IEDC Federal Economic Development Forum (FED Forum) which is being held April 3-5 at the Renaissance Arlington Capital View hotel in Arlington, VA.

“Chairman Hochberg has gone above and beyond the call of duty in fostering economic development. He is a champion of job creation and business growth, and it is through his leadership that EXIM Bank has continued to be a vital job-creating resource,” IEDC Board Chair Barry Matherly, CEcD, FM, said.

The award is conferred annually upon an individual within the federal government who succeeds in supporting economic development on a national scale, positively impacts the profession, and who brings economic growth and job creation as a result.

“Chairman Hochberg is not only an outstanding advocate for our industry, but also a dedicated civil servant; he is indisputably deserving of the 2016 Federal Leadership in Economic Development Programs Award,” Matherly said.

During Chairman Hochberg’s tenure, which began when he was appointed in 2009, the EXIM Bank has financed more than $200 billion in U.S. exports and helped create more than 1.3 million private-sector American jobs. With Chairman Hochberg at the helm, nearly 90 percent of EXIM Bank authorizations have supported small businesses.

Through continued engagement in communities across the United States, Chairman Hochberg ensures that the EXIM Bank is as accessible to as many businesses as possible. The success of the agency’s City/State Partners Program, an initiative that unites state, county, and local nonprofit economic development entities with the EXIM Bank, equips these organizations to educate small businesses about how to develop potential customers abroad, creating jobs in their communities.

In addition to his dedicated public service, Chairman Hochberg is an impactful civil rights advocate. He is one of the founders of the David Bohnett LGBT Leadership Fellows Scholarship at the Harvard Kennedy School of Government, a fund supporting advanced leadership and governance training for aspiring public policy and community leaders. As a Presidentially-appointed and Senate-confirmed executive, Chairman Hochberg’s record as an LGBT activist ensures that his influence extends beyond the terms and success of his EXIM Bank post. He sets an exemplary standard for future federal leaders.

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About the International Economic Development Council
The International Economic Development Council (IEDC) is a non-profit membership organization serving economic developers. With more than 4,700 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 are engaged in the full range of economic development experience. Given the breadth of economic development work, our members are employed in a wide variety of settings including local, state, provincial and federal governments, public-private partnerships, chambers of commerce, universities and a variety of other institutions. IEDC’s members create high-quality jobs, develop vibrant communities and improve the quality of life in their regions.
International Economic Development Council
Akia Garnett
(202) 223-7800