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Bonner County Economic Development Corporation

Discover how improving broadband infrastructure in Bonner County can drive economic growth and attract businesses. Learn about the challenges, opportunities, and strategies in leveraging broadband technology for sustainable development.

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Bonner County Economic Development Corporation

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  1. Bonner County Economic Development Corporation Karl Dye Legislative Interim Committee Meeting September 13, 2013

  2. Bonner County At a Glance • 41,000 Full Time Residents • 8.5% Current Unemployment Rate • 7.5% Unemployment for 5 Northern Counties • 6.2% Unemployment Statewide • Still transitioning from Natural Resource Based Economy • Not recovered lost construction jobs

  3. Economic Development Strategy Based on Strength • Relocations Don't Work for Most of Idaho • Companies looking for a deal • Bonner County is not a deal • Business Success Model • Owner Chooses to Live Here • Accepts Challenge

  4. Barriers To Doing Business • Infrastructure • Broadband • Facilities • Employees • Education

  5. Broadband • Every city, county and state wants to build the “tech-sector” • Broadband Availability Needs to Meet or Exceed Price and Capacity Offerings in Large Markets

  6. Broadband Comparison *Sandpoint was just awarded the Google eCITY for the entire state of Idaho!

  7. Fiber To The Home (FTTH) Network • Local Company Discussion 2008 • Stimulus Application 2009 • Public Private Partnership 2010 • Business • Education • Health Care • Public Safety

  8. Public Private Partnership Private Placement Taxable Bond $$ Panhandle Area Council Yearly Lease Construction COMPETITION Anchor Service Provider Local Cities Bond Payment Guarantee

  9. Conclusion • Doing Business in Idaho is a Choice • Lack of Broadband Availability Prevents: • Creation • Expansion • Attraction • Help Business Leaders Continue to Make That Choice • Need More Competion for Broadband Services

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