Information provided in this article has been gathered from various sources throughout the state, including local newspapers and other media.
North Central Idaho
South Central Idaho
Southeastern & Eastern Idaho
- The Wayne Brown Institute, a Salt Lake City venture capital accelerator focusing on technology companies, wants to increase its presence in Idaho. The accelerator wants to add up to 40 Idaho mentors to counsel new entrepreneurs and find more startups seeking venture capital funding. The institute is a nonprofit accelerator that has helped companies raise more than $8 billion including acquisitions and stock offerings since 1983. President Brad Bertoch said its model works because its mentoring program for startups is not just free consulting but a short-term, focused program to help companies appeal to venture capital investors.
- Nowhere in the United States does it take less money to join the top 1 percent than in Idaho. Business Insider, which weighed household income data from the 2012 American Community Survey to estimate the income requirements necessary to reach the top 1 percent, found it takes just $274,000 a year to be in Idaho’s top 1 percent. Montana was next at $280,000 followed by New Mexico at $286,009 and Wyoming at $295,000. At the other end of the spectrum, it takes $688,000 a year in Washington, D.C., to make the District’s top 1 percent, $642,000 in Connecticut, $511,000 in New York and $504,000 in New Jersey. California ranked eighth at $433,000. Idahoans have a head start in reaching the Top 1 percent. According to calculations by the Business Insider, 14 states have a lower median household income.
Ethan.Mansfield@labor.idaho.gov, regional economist
(208) 332-3570 ext. 3455