Bonner County ID Economic Development Agency

Find Bonner County, Idaho economic development agencies, departments, and corporations. Economic development agencies provide information on resources for economic growth, expansion of local businesses, attracting new business and tourism.

Bonner County Economic Development 307 North 2nd Avenue Sandpoint ID 83864 208-265-6402

About Bonner County Economic Development Agencies

Bonner County Economic Development Agencies (EDA's) are government agencies at the Idaho State, Bonner County, or local level whose mission is to promote business activity and development, attract and retain business, facilitate development that increases employment and the tax base, and encourage an environment in which the economy can thrive in Bonner County, ID.

You may contact the Economic Development Office for questions about:
  • Bonner County Economic Development programs and services
  • City and community development
  • Job creation, training, and workforce development
  • Bonner County Economic Development funds
  • EDA grants and funding
Bonner County Business Development

Economic Development Agencies in Bonner County promote Idaho, Bonner County, or community as a favorable location to do business. They usually work closely with Bonner County Chambers of Commerce and other business groups to market the region for business development. This collaboration often involves creating marketing materials, developing promotional advertising, and organizing Bonner County business expos.

Small Business Support Programs

The Bonner County Economic Development Agency may include an office dedicated to supporting small businesses. The Bonner County government can support small businesses by providing ombudsmen services, helping small businesses work through licensing and Bonner County permitting requirements, and raising awareness of bidding opportunities on government contracts.

Land Development Programs in Bonner County, Idaho

Bonner County Economic Development Centers actively seek developers for undeveloped land or parcels in need of redevelopment. They market development opportunities, and in cases where obstacles to development exist, they may help identify gap funding or other solutions to impediments such as site contamination. Bonner County EDA's also maintain inventories of available commercial land and commercial building space in order to serve as a matchmaker for developers, landlords, and business owners.

Bonner County Tax Incentives

Bonner County Economic Development Corporations sometimes offer tax incentives to businesses that expand or relocate within their jurisdiction. This strategy is particularly common at the Idaho State level, but it also takes place at the Bonner County and local levels. Typically, the Economic Development Agency offers a Bonner County tax incentive or tax abatement based on the theory that the new or expanded business will generate job opportunities and thus increase the tax base.

Economic Development Grants & Loans

Bonner County grants and non-traditional loans are also available through Economic Development Agencies. Common grants to businesses include Brownfield Redevelopment grants, facade improvement grants, and Bonner County public improvement grants. A variety of Bonner County loan programs may be accessible through an Economic Development Agency, often at below-market interest rates and with less stringent credit requirements than loans from traditional financing institutions.