REDI is a 501(c)(6) nonprofit corporation supported by Eastern Idaho Investors across fourteen counties. REDI has assisted Eastern Idaho companies with expansions and relocations, as well as companies desiring to locate to Eastern Idaho. REDI works with existing organizations, state and local governments, business and industry to provide a clear and continuous focus on regional economic development. REDI takes the position of data analysis to propel beneficial growth and continued collaboration.
REDI provides the following:
Regional Economic Development for Eastern Idaho (REDI) is committed to business retention, expansion, and recruitment, workforce, entrepreneurship and innovation, and quality of life. REDI addresses business and workforce needs, education, access to jobs, transportation, broadband, employer needs, and partnerships to advance regional framework and vision. Eastern Idaho’s economy is strong. REDI works in full collaboration with city, county, university, business and community leaders to promote the area’s assets and opportunities Eastern Idaho has to offer.
Idaho was also ranked #4 in States with the Fastest Rates of Job Growth in 2020. More Tech Firms are starting up and expanding in the Gem State. Businesses looking to escape the high costs of West Coast cities are attracted to large cities like Idaho Falls, Pocatello, Rexburg, and other Idaho cities because of lower costs of living.
Idaho Power, Rocky Mountain Power and Idaho Falls Power provide some of the lowest utility rates in Idaho, which positions the state in the top ten states for lowest electrical rates for both residential and commercial power in the nation.
With an array of assets such as, inexpensive land, a favorable regulatory climate, low taxes, abundant resources, a ready workforce, great Institutions of Higher Learning, and a low cost of living – Eastern Idaho is the best place to start a business, as well as locate and grow a business.
Eastern Idaho, in partnership with the Idaho Department of Commerce, offer a variety of incentive programs. Check out Idaho’s great programs below:
Contact us today at 1-877-355-0484.
We are ready to help you expand your company or locate your company to Eastern Idaho.
This is Eastern Idaho!
REDI partners with several Research Centers across Idaho to assemble the latest economic information and data. From utility rates to cost of living, median wages, GDP growth, unemployment rate and other important data points, REDI can quickly provide the information you are seeking.