REDI was created in 2015 to connect businesses to resources for growth, build relationships, help nurture and grow world-class sectors, and be a champion in promoting Southeast and East Idaho under Regional Economic Development for Eastern Idaho (REDI).
REDI provides comprehensible and pertinent information to enable timely decision making for business expansion, attraction, and regional growth. REDI works with stakeholders to expand regional assets and connect public and private partners together to facilitate research and collaboration efforts, strengthen the workforce pipeline through industry needs assessment, education and training, and to enhance research and entrepreneurial activities in Eastern Idaho.
In addition, REDI identifies regional assets and opportunities, and benchmarks solutions to diversify and strengthen the economic viability of Eastern Idaho.If you are expanding your operation, or if you are considering a new location for your operation, REDI provides assistance and support to guide you through the process.
REDI promotes regional business retention, expansion and recruitment to target areas of Eastern Idaho’s economy where competitive advantages exists, prospects for future growth are the greatest, and return on investment is highest to capitalize on Eastern Idaho’s strong ecosystem.
REDI drives a regional framework and vision based on data to propel growth, support regionalism, and strategically align requirements for a strong economy that is adaptable and able to sustain long periods of economic growth, mitigate periods of economic decline, and build upon the strengths of Eastern Idaho’s research and entrepreneurial climate.
REDI brings together business, industry, city, county, academic, and community leaders to capitalize on Eastern Idaho’s assets through investment, accelerated job growth, diversifying Eastern Idaho’s economy, and match existing workforce skillsets, infrastructure and research capabilities to meet the needs of a global economy.
Teresa McKnight is the CEO of the Regional Economic Development for Eastern Idaho (REDI). McKnight is an entrepreneurial driven executive with more than 25-years’ experience working with research parks, technology commercialization, business incubation, government relations, business and economic development. She has a strong background building public-public and public-private partnerships, consulting on strategic economic development and philanthropy initiatives, and moving new ideas to market. She is passionate about building long-lasting relationships between business, industry, university, government and community.
As CEO of REDI, Ms. McKnight works closely with community partners to promote economic development through expansion of existing business, attraction of new business, and promoting entrepreneurship and talent development in the region.
Prior to joining REDI, Ms. McKnight served as the Director of the State of Utah Incubation Enterprise and Technology Outreach Program. She led the development of the first statewide incubation program in Utah and negotiated the first-of-its-kind Partnership Agreement between the State of Utah and the U.S. Air Force.
Prior to working for the State of Utah, Ms. McKnight led the development of several large Innovation Districts in three different states that resulted in development of more than 500 acres, recruiting over 100 high-tech companies, creating more than 3500 high-tech jobs, and raising over $250 million in public and private dollars.
Ms. McKnight has received several honors and awards, including Excellence in Rural Economic Development Award from the Department of Commerce in Washington, DC and the Chamber of Commerce Achievement Award in Business. She serves on the Idaho Innovation Center Board, is a member of the Energy Communities Alliance (ECA), the International Economic Development Council (IEDC), and the Idaho Economic Development Association (IEDA). She earned a Bachelors in Business Administration from Utah State University and a MBA from Utah Valley University.
With over fifteen years of office management and administration experience, Melissa Rene has been a key player in various corporations. Melissa is a graduate from Broadview University in Salt Lake City and loves to be part of the community where she lives. Melissa is dedicated to her work and enjoys participating in fundraisers for various local projects including an annual triathlon for Afrika Tikkun. Melissa is an Idaho native and is happy to be back living in Eastern Idaho and excited to be part of the REDI organization.
City and County Representatives
Corporate & At-Large Representatives
BYU – Idaho
University of Idaho
Idaho State University
President Kevin Satterlee
College of Eastern Idaho
President Rick Aman
Investors are the engine behind Eastern Idaho’s economic success.
Building a diverse and sustainable regional economy requires involvement of public and private enterprises.
As an Investor, involvement in REDI is up to you. REDI holds a variety of meetings throughout the year where updates are provided, impacts reported, and regional activities discussed. REDI also hosts multiple events throughout the year, which includes, “What’s Up in Eastern Idaho!” Annual Summit, brief Investors on the business scene at the state, city, and county levels, and report accomplishments and successes to-date – the Annual Report. In addition, REDI sends out newsletters and timely emails to keep Investors on the inside track of new developments in Eastern Idaho.
Contact CEO Teresa McKnight to learn more about REDI’s Investor Levels and Benefits and how you can get involved in fostering Eastern Idaho’s economic success!