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Columbia River Economic Development Council presents ROI, asks Vancouver to sustain or increase $100,000 annual investment
Summary
CREDC told the Vancouver City Council it returns roughly $34 for every $1 invested by members, outlined 2024 recruitment and job-creation figures, and asked the city to maintain or increase its $100,000 annual contribution amid a tight budget environment.
Columbia River Economic Development Council officials presented an annual overview to the Vancouver City Council on Aug. 25 and asked the council to continue — and consider increasing — the city’s annual investment in the organization.
“At the current funding levels, CREDC delivers a $34 return on investment for every $1 invested by our members,” said Clint Hendricks, vice president of business development for the Columbia River Economic Development Council. Hendricks said CREDC helped generate more than $1 billion in business activity and capital investment and helped produce or retain about 3,900 jobs over the past four years.
Julia Kavorick, lead…
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