With our favorable business climate, affordable living costs, low cost of doing business, and generally strong spirit of independence, the Boise Valley is home to some of the most innovative companies and entrepreneurial minds in the country. While Idaho’s economy may have once been dominated by agriculture, today our economic future is rooted in technology, led by such industry giants as Micron Technology, Hewlett-Packard, CenturyLink, Microsoft and T-Mobile, plus hundreds of other established and startup high-tech businesses. According to a recent study:
Over 68,000 workers in Idaho are employed in high-tech
Statewide, technology accounts for 17 percent of all wages earned
More than 4,700 of Idaho’s 65,000 establishments are technology businesses
Recognizing that entrepreneurship is key to the area’s continued economic growth, the Boise Valley is dedicated to creating a pro-business environment where ideas can take root and flourish.
One of the best examples of entrepreneurship in the Boise Valley is the b|launched program. The b|launched competition is a job creation and new business start-up initiative run by the Boise Young Professionals, a program of the Boise Metro Chamber of Commerce. The program matches successful Boise entrepreneurs with 40+ talented, local, young professionals with the goal of creating at least two new start-up companies each year. Four teams comprised of two mentors and up to ten young professionals, diverse in skill and background, are formed to compete for initial funding to start a business. Watch the video to learn more:
Ryan Woodings, Founder and Chief Geek Metageek "The community in Boise reflects the area's heritage of independent and self-sufficient farmers and ranchers that first settled here. People are friendly and willing to help each other without seeking anything in return."
Keritsu Forum: Keritsu Forum is one of the largest networks of angel investors in North America having monetized over 130 companies with over $80 million in funding. Keritsu established a Boise/Sun Valley chapter in 2006.
Kickstand: Helping to pave the way for technology entrepreneurs in the Boise Valley.
TechConnect, Inc.: "Bridging the gap between entrepreneurial and innovation assets. Supporting the development of innovative companies. Helping existing companies to compete."
Idaho National Laboratory: INL is operated for the Department of Energy and provides unique educational, management, research and scientific assets into a world-class national laboratory.
SCORE: SCORE® is a nationwide organization of active and retired business men and women who volunteer their services to assist small businesses and entrepreneurs.
Idaho Technology Council: The Idaho Technology Council exists to connect, inform and promote the technology companies in Idaho and is dedicated to foster the growth of technology companies in the state, primarily in the areas of information technology, agriscience, and energy.