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Awards & Recognition
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Cardinal Award

Lifetime service awards for dedicated VEDA members.

The Cardinal Award is the most prestigious award bestowed by VEDA to deserving members. The award recognizes leadership in the field of economic development, outstanding professional accomplishments, and exceptional service to the organization. Nominations are open in early summer each year to VEDA past or current members. The nominator must be a member of the Association.

Community Economic Development Award (CEDA)

Awards recognizing best practices in Virginia.

We all know that economic development is not a solo practice.  We team with government, the private sector, and countless others to make our communities competitive. Several years ago, the Southern Economic Development Council (SEDC) instituted a new awards program that recognized outstanding communities for their efforts in advancing the economic viability of their communities through economic and community development programs. 

The CEDA program recognizes the best practices and exceptional contributions of communities in the Commonwealth of Virginia for the following efforts:

  • Business Retention and Expansion
  • Business Recruitment
  • Community Development
  • Community Involvement

Honorary Members

Legislator of the Year Award

Recognition for legislators who promote favorable economic development policies.

The LOTY Award recognizes legislators who are positively promoting economic development in Virginia. The VEDA Legislator of the Year Award (LOTY) was awarded for the first time in 2007 to Senator Walter A Stosch to recognize his efforts in serving as an ambassador for economic and community development in Virginia.


President's Award


1340 N. Great Neck Road, #1272-128
Virginia Beach, Virginia 23454