June SVED Newsletter 2017

Sun Valley Economic Development
Community Newsletter

June, 2017


Dedicated to creating a diversified, year-round economy for the Sun Valley Region.


In this Issue:
Event Date Changes
Thinking about SVED Membership or Sponsorship?
SVED's Two Big Goals for 2017
Register for KIC Startup Showcase
Quickbooks Solutions
Save the Dates
Recent Press
SVED Member List
Thanks to our new and Renewing Members:
Jack Bariteau
Thanks to our
Public Partners:
City of
Sun Valley
Learn how your business can join SVED today to help create a thriving, diversified, year-round economy for the Sun Valley Region.


If you received this email from a friend and would like to be added to our mailing list, please email Doug Brown.
Member Only Meeting Date Moved
We have shifted some event dates to better meet the needs of our members and to enable us to provide an exceptional program.
You may have marked your calendar on June 21st for our Members Only Meeting which was originally scheduled at the Community Library. Please note that the date has been moved to Wednesday, September 6th - 5:00-7:00pm and will now be hosted at the Limelight Hotel - Ketchum .
5:00 - 6:00: Social Networking with refreshments
6:00 - 6:30: Housing Update
6:30 - 7:00: Annual Economic Profiles Comparing 2015-2016
RSVP Members Only Event: dougbrownsv@gmail.com
Annual Economic Summit Date Moved

Our Annual Economic Summit date has moved too! If you've marked your calendar for October 6th, please update it to November 1st from 8:00am to 2:00.

Thinking about SVED Membership or Sponsorship?
Contact Doug Brown (309-0187) or dougbrownsv@gmail.com to find out about individual or business membership in SVED and Sponsorship opportunities.

SVED's Two Big Goals for 2017
Extend the LOT for Air 5 years
Last week Ketchum, Sun Valley, and Hailey confirmed the benefits of the 1% LOT for Air by extending the original five years for another five. Fly Sun Valley Alliance, Visit Sun Valley, Sun Valley Resort, SVED, The Chamber, and Realtors for Air, are extremely pleased to have seen that the community overwhelmingly supported improved air service and marketing.
The three year results of the first LOT for Air were touted by the campaigns as the reason to extend the LOT and it resonated with the voters. The many supporters and volunteers for the campaign can take great pride in the results.
Our economy and community will benefit from improved tourism, more jobs, and businesses locating and growing here. Locals will enjoy more opportunities to connect with family and friends. There is a LOT to Love!
Promote the need for action on Middle Income Housing and work with community organizations to do what is necessary to develop MIH now.
SVED's Middle Income Housing Project has four key elements:
  • Research need and project opportunity for MIH
  • Educate local government and the public
  • Collaborate with the community on potential solutions
  • Advocate with sense of urgency to get housing built
How are we doing so far? We are making progress in demonstrating the need and educating governments on the housing crisis in the $225,000 to $425,000 price range. We are also linking developers, landowners, contractors and potential investors across our community on specific projects.

Without new middle income housing stock, businesses and local government won't be able to fill jobs, and our economy will stagnate or decline along with our quality of place. With a near record low unemployment rate of 2.8%, we need workers to move here to take jobs. Where are they going to rent or buy if our median home price is over $400,000? The most general answer to this dilemma is let builder/ developers have more density with changed zoning, reduced regulations, and speedier decision making. Without these changes, we are just spinning our wheels.
SVED is working hard on ideas across Blaine County to find a breakthrough on MIH. At our next Members Only Meeting September 6th, we hope to have a positive report on our efforts at working hand in hand with government leadership and planning staff to kick-start specific solutions. Without such collaborative efforts, just imagine our situation one or two years from now...will we have added a meaningful supply of moderately priced housing stock? Will there be any reasonable priced rentals available? We aren't getting help from Washington or Boise. We have to find our own locally grown solutions.

Register Now For The KIC Startup Showcase
Entrepreneurs Welcome to Present on June 22nd
The Ketchum Innovation Center (KIC) will hold its first annual Startup Showcase on Thursday, June 22, from 4-8 p.m.
This is an opportunity for entrepreneurs, startups and existing businesses to set up a booth in the KIC to showcase and discuss their projects, products and ideas with our entire community, members of the Sun Valley Band of Angels & Mentors, and other potential investors.
The Norman Friedman Entrepreneur Award, a $1,000 cash prize made available through the generosity of a local resident, will be given out by a panel of judges from the KIC's Board and volunteer mentor group. As well, a number of non-cash prizes will be awarded through event sponsorship from Zions Bank. Participants will be judged on the viability, impact and creativity. Lastly, winners will be given a month of free rent at the KIC, including desk space, free high-speed fiber Internet and use of the conference room.
"Importantly, this event is open to all entrepreneurs, from those with just an idea that they would like to pursue, to those with a fleshed-out business plan, to those that are already generating revenue," said Jon Duval, executive director of the KIC. "We want this to become an annual event where all of our startups and entrepreneurs feel welcome to share their ideas, services and products with the support of entire Wood River Valley."
For those that want to take it a step further, there will be an opportunity for companies to give a short pitch to the audience, a valuable chance for startups looking for specific support, whether in the form of investment, mentorship or partners. Time will be limited, so those looking to hone their message are welcome to reach out to the KIC for help.
In addition to prizes, Zions Bank, which has become a consistent market leader in US Small Business Administration lending, will be providing free hors d'oeuvres and refreshments.
For more details, to register or RSVP for this event, please send an email to jon.duval@ketchuminnovationcenter.com
or call Jon Duval at 208-727-2117.


Wednesday, September 6th, 5:00 - 7:00pm
Members Only Meeting - Limelight Hotel, Ketchum
Thursday, October 19th
Business Showcase - Time & Location TBA

Wednesday, November 1st, 8:00am - 2:00pm
6th Annual Economic Summit - Sun Valley Resort


SVED Member List
Blaine County,
Cox Business / Communications,
KURA, Idaho Department of Commerce,
St. Luke's Wood River, Sun Valley Resort
Atkinsons', City of Sun Valley, Idaho Mountain Express, Idaho Power, SafeHaven Health Care, Sawtooth Club, Sun Valley Board of Realtors
Anonymous, Conrad Brothers Construction, CSI-CSI Foundation, Hayden Beverage, Jack Bariteau, Magleby Construction, QBSolutions, Sun Valley Board of Realtors
American Capital Advisory, Atlantic Aviation, Boise State University, Century Link, Clear Creek Disposal, Community School, First American Title, Fly Sun Valley Alliance, First Lite, Friedman Memorial Airport, Geneva Equities, Haymax Capital, Idaho Lumber & Hardware, Intermountain Gas, Leeds High Fidelity, Limelight Hotel Ketchum, Marketron, Old Cutters Inc, Power Engineers, Rocky Mountain Hardware, Select Health, Sun Valley Ski Education Foundation, Tamarack Lodge, Webb, Zenergy, Zions Bank
Alpine Investment Group, Alpine Lodging - Sun Valley, Allstar Property Services, Amanda Breen Law, Animal Shelter of the WR Valley, Anticipate, BYLA Ben Young Landscape Architects, Centerlyne, Christensen Global Strategies, DL Evans Bank, Eagan Real Estate, Hailey Chamber of Commerce, Hailey City of, Hennessy Company, Houston Lumber, Idaho State University, John Sofro, Kenny-Bogue Commercial Real Estate, Kirk Group, KMVT-11, Knob Hill Inn, Lallman, Felton, Peterson, McAlvain Construction, McCann, Daech, Fenton, Mountain Rides, Mountain West Bank, Natural Retreats -Sun Valley, Perry's, Pioneer West Property Management, Ramsay Solutions, Rick LeFaivre, Redfish Technology, Sentinel Fire & Security, Snofolio, Sotheby's, State Farm Insurance Patrick Buchanan, Sun Valley Associates, Sun Valley Center for the Arts, Sun Valley Life, Sun Valley Marketing Alliance, Sun Valley Property News, Sun Valley Real Estate, Sun Valley Title One, Trailing of the Sheep Festival, US Bank, The Valley Club, Washington Federal, Wells Fargo, Wilson Construction, Windermere Realty
Amber Busuttil Mullen, Barry Peterson Jewelers, Becker-Chambers, Bill Boeger, Blaine County Appraisal, Blaine County Rec District, Blaine County Title, Brad Cleveland, Brian Barsotti, ClearRock Capital, Charles Friedman, Dale Ewersen, Darlene Dyer, Davis Embroidery, DENT the Future, Dave Theobald, Dick Fosbury, Engel & Associates, Enoteca, Eye Saftey Systems, Fox Creek Interiors, Grabher Construction, Gregory Nau, Healthfundr, Heartland, Idaho Independent Bank, Jeanne Meyers, Jerry Seiffert, Jim Perkins, Jim Garrison, Jim Plomasen, Julie Cord, KMV Builders, Ketchum Grill, Kneadery, Latham Williams, Len Harlig, Lentz Appraisal, Limpopo Design, Linda Haavik, Lori Nurge, Mead & Hunt, Meeting Objectives, Michael Doty & Associates, Mike Thompson, Monge Construction, Movement Mortgage, Nexstage Theater, Pioneer Saloon, Pionneer Title, Priority Planning Group, Professional Roofing, Propeller Industries, Sarah Michael, Sawtooth Brewery, Shafran Foundation, Sharon Patterson Grant, Shorty's, Silver Creek Outfitters, Sister, Sturtevant's, Sun Valley Shutters & Shades, T's & Temptations, The Copy Center, Tim Mascheroni, Valley Gas, Wall2Wall Flooring, Wendy Jaquet, Wood River Insurance, Wood River YMCA
Thank you,


Harry Griffith


Doug Brown dougbrownsv@gmail.com

Sun Valley Economic Development
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Sun Valley Economic Development , PO Box 3893 , Ketchum , ID 83340
Sent by dougbrownsv@gmail.com in collaboration with

Harry Griffith

P.O. Box 3893 | Ketchum, Idaho 83340

Phone: 208-721-7847 | Email: Harry@SunValleyEconomy.org

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