In 1995, the TEDC established the Community Economic Development Award (CEDA), to honor excellence and exceptional contributions of Texas communities in economic development. The criteria used to determine the CEDA recipients include:
- Innovativeness
- Transferability
- Community commitment and leveragability
- Measurable objectives
- Ancillary benefits to the community
Little Elm submitted the application nominating the Hydrous Wakeboard Project.
