Governor Butch Otter has signed a bill into law that creates the state’s new “Opportunity Fund” to help businesses relocate or expand in Idaho.
The new $3 million fund will provide money for infrastructure and other projects that could also be matched by local funds.
Department of Commerce Director Jeff Sayer has indicated that his department is currently working on projects that could create 2,000 new jobs in Idaho.
Other states, most notably Texas, actively promote business relocation through the use of similar funds.
It’s good to see Idaho get into the game!
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