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Our Services

REDI is a 501(c)(6) nonprofit corporation supported by Southeast and East Idaho Investors across sixteen counties and 31 cities. REDI assists new and existing companies with expansions and relocations to Eastern Idaho. REDI works with new and existing organizations, state and local governments, business, industry, and universities to provide a clear and continuous focus on regional economic development.

REDI works on your behalf to provide:

  • Lowest Electricity rates in the nation
  • Business Retention, Expansion and Recruitment Services
  • Workforce Development, Training, Education, and Recruitment Support
  • Current Eastern Idaho Economic and Demographic Data and Statistics
  • Site Selection and Site Visit Coordination
  • Eastern Idaho and State of Idaho Incentive Programs
  • Custom Research Requests
  • Educational Workshops include: a yearly Economic Summit; and a yearly Workforce Connector Conference; a yearly Housing Symposium
  • Economic Development Roundtable Meetings
  • HUB for Idaho’s SBIR/STTR Grant Funding through REDI's Elevate Idaho Program
  • Yearly Summit – “What’s Up Eastern Idaho!”
  • Cybersecurity Alliance Meetings
  • CEO Roundtables
  • Public/Private Partnerships
  • Quarterly Advisory Board Meetings (Our Partners & Investors)
  • Annual Report/Investor Meeting

Additional benefits and reports:

  • Idaho reports continual tax surplus and runs without deficit spending
  • U.S News Ranked Idaho as #3 for Best Economic Outlook
  • Idaho was ranked #24 in States with the Fastest Rates of Job Growth in 2021

Regional Economic Development for Eastern Idaho (REDI) is committed to supporting business retention, expansion, and recruitment; workforce development, education, training, and recruitment; and enhancement of entrepreneurship and innovation. REDI addresses business and workforce needs, education, access to jobs, transportation, broadband, employer needs, and partnerships to advance a strong regional ecosystem. REDI works in full collaboration with city, county, university, business, industry, and community leaders to promote the great assets and opportunities Eastern Idaho has to offer for your business.

Incentives At a Glance

Idaho Incentives
at a Glance

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Developed by the Idaho Department of Commerce, this one-page overview highlights the state’s key business incentives, including tax exemptions, grants, workforce training funds, and financing tools that support business growth and expansion. It provides a quick snapshot of programs such as sales tax exemptions on production inputs, infrastructure grants, export assistance, and workforce development resources. Designed for businesses and site selectors, this document offers an easy-to-scan summary of how Idaho supports investment, job creation, and long-term economic development.

Incentives

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This resource outlines the full range of incentives, grants, and financing tools available to businesses in Idaho. The page highlights performance-based programs designed to support job creation, capital investment, and long-term growth, along with funding opportunities for infrastructure, market expansion, and community development. It also connects users to key program areas such as tax incentives, grants, external financing, and opportunity zones, offering a comprehensive starting point for businesses and site selectors exploring available support.

Idaho Tax Reimbursement Incentive

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This resource outlines the Tax Reimbursement Incentive (TRI), a performance-based program that offers businesses a tax credit of up to 30 percent for up to 15 years on new state tax revenue generated through job creation and capital investment. It includes eligibility requirements, wage and job thresholds, and program criteria, while the downloadable overview provides a concise, easy-to-scan summary of key benefits and application details. Designed for businesses and site selectors, these resources explain how TRI supports expansion, relocation, and long-term investment in Idaho.

Grants Available

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This resource highlights a range of grant programs designed to support business growth, infrastructure development, and market expansion across the state. It includes funding opportunities for broadband, community development, rural investment, tourism, and export assistance, along with tools like the Idaho Grant Pin Map to explore awarded projects. Designed for businesses, local governments, and economic development partners, this page serves as a central hub for understanding available funding and how it supports long-term economic growth in Idaho.

External Financing

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This resource connects businesses to additional funding sources beyond state-administered incentives and grants. It highlights financing options such as loans, venture capital, and support from partner organizations including the Small Business Administration and regional development resources. Designed for startups and expanding businesses, this page serves as a starting point for identifying capital opportunities and navigating external funding pathways to support growth and investment in Idaho.

Workforce Development

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This resource highlights programs and partnerships that help businesses attract, train, and retain a skilled workforce. It connects employers to customized recruiting services, training and education pathways, and labor market data to support hiring and long-term planning. Designed for businesses and site selectors, this page outlines how Idaho aligns talent development with industry needs to support growth and long-term success.

Opportunity Zones

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This resource highlights Opportunity Zones as a federal incentive designed to encourage long-term private investment in designated areas across Idaho. These zones support business growth, job creation, and place-based economic development in both rural and urban regions. The page connects users to maps, eligibility information, and federal guidance, while also offering tools and support to help investors and communities align projects with local priorities and maximize long-term impact.

U.S. Economy Publication Ranked Idaho as #2 for Best Economic Outlook.

Idaho has reached the #1 spot nationally for year-over-year nonfarm employment growth as of the most recent 2025/2026 reports from the U.S. Bureau of Labor Statistics (BLS). More Tech Firms are starting up and relocating to the Gem State. Businesses looking to escape the high costs of cities are attracted to fast growing communities in Eastern Idaho because of lower costs of living.

Idaho Power, Rocky Mountain Power and Idaho Falls Power provide some of the lowest utility rates in the nation, 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, strong Institutions of Higher Learning, and a low cost of living – Eastern Idaho is the best place to start and grow a business, as well as locate.

Eastern Idaho, in partnership with the Idaho Department of Commerce, offer a variety of incentive programs. Check out Idaho’s great programs below:

  • 3.6% Job Growth
  • Hottest housing market of 2020
  • Champion Red Tape Cutter. Idaho is recognized as the least regulated state in the nation after cutting or simplifying more than 95% of its regulatory rules since 2019.
  • Property Tax is 6th lowest in the nation
  • Idaho’s state income tax rate is now at one of its lowest levels in decades, following recent reductions that brought the top rate down to 5.3%
  • Strong environment for start-up opportunities for Tech Companies and Businesses
  • Outstanding Quality of Life

Economic Incentives in Eastern Idaho

A pro-business region backed by strategic incentives, strong partnerships, and a low-cost operating environment — built to help companies launch, expand, and scale with confidence.

Eastern Idaho offers a competitive environment for business growth, combining affordable operating costs, reliable infrastructure, and access to a skilled workforce. Companies choosing to locate or expand in the region benefit from coordinated support at the state and local level.

Incentives are designed to help reduce upfront costs, support capital investment, and accelerate project timelines. Our team works with partners across the region to align available programs with your specific business goals — creating solutions that support long-term success, not just short-term wins.

Why Eastern Idaho Works for Your Project

  • Competitive cost structures that lower startup and expansion expenses

  • Incentive tools that support job creation, capital investment, and innovation

  • Collaborative public–private partnerships that streamline project development

  • Flexible programs tailored to your timeline, workforce needs, and facility plans

Incentive Opportunities May Include

  • Sales tax exemptions on qualifying equipment and manufacturing inputs

  • Investment and R&D tax credits

  • Property tax abatements or exemptions for qualifying projects

  • Workforce and job-creation incentives

  • Local financing tools, including options such as Tax Increment Financing (TIF)

  • Infrastructure coordination and site-readiness support

(Eligibility and availability vary by project, location, and investment scope.)

Project Support, From First Call to Site Selection

Our role is to simplify the incentive process and help you move faster with confidence. We work as a regional connector to:

  • Identify relevant state and local incentive programs

  • Coordinate with cities, counties, utilities, and development partners

  • Evaluate site options based on readiness and incentive alignment

  • Build an incentive strategy that supports your operational and financial goals

 

Let’s Build Your Incentive Strategy

If you’re evaluating Eastern Idaho for a new location or expansion, we’ll help you understand what’s available and how to structure an incentive approach that supports your growth plans. Start the conversation — we’ll handle the coordination.

 

Contact us today at 1-208-522-2014.

We are ready to help you expand your company or locate your company to Eastern Idaho.

YOU BELONG IN EASTERN IDAHO!

Research

REDI assembles 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 quickly responds to viable information to help make critical decisions.

For more information, please contact Teresa McKnight, CEO of REDI, at tmcknight@rediconnects.org or by phone at (208) 522-2014. 

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