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Michaud Honored for His Leadership in Promoting Economic Development
By Office of Rep Michaud
Aug 15, 2014 - 12:10:11 AM

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WASHINGTON, D.C. -- The National Association of Development Organizations (NADO) is honoring U.S. Rep. Mike Michaud with an award for his outstanding leadership in promoting regional economic development. Michaud, who is a longtime member of the Economic Development Subcommittee on the Transportation and Infrastructure Committee, last year received NADO's Lifetime Achievement Award for his years of leadership on the issue.

"I'm honored to receive this recognition from the National Association of Development Organizations," said Michaud. "Now more than ever, we must be focused on strengthening businesses and other economic opportunities in our communities that create jobs and offer regions innovative ways to sustain and grow. I've been proud to partner over the years with groups like NADO, and stakeholders in Maine, on securing the necessary appropriations and resources so central to this work."

Michaud has been a lead advocate for the Economic Development Administration (EDA), which is the only federal agency focused exclusively on economic development. Since its inception, projects funded by the EDA have created over four million private sector jobs and leveraged roughly $150 billion in private sector investment.

Michaud also authored the law that established the Northern Border Regional Commission, which provides economic development funding focused on distressed communities in Maine, New Hampshire, Vermont and upstate New York. Michaud has also long supported other critical economic development programs, including those in the Small Business Administration and the USDA.

When receiving NADO's Lifetime Achievement Award last year, then-NADO President John Leonard said: "Mike Michaud has led the charge in Congress not only for EDA reauthorization, but also for EDA funding. He has authored and sponsored legislation protecting and increasing EDA funding and worked with the Obama Administration on issues of critical importance to our members."

And Bob Clark, Executive Director of the Northern Maine Development Commission, said: "Simply put, EDA and all our regions that use the funds it provides have had no better friend in Congress than Mike Michaud. For 10 years he has been an advocate for economic development and the best spokesman in Congress for the benefits of these critical investments."

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