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Article Archives: Idaho
Economic Development in Idaho
RIVDA is the parent organization of the Region IV Development Corporation (RIVDC), a certified development company, certified by SBA to process loans for small business development under the SBA Section 504 loan program. RIVDC also administers a revolving loan fund (RLF) providing small business loans for projects under $100,000 for fixed assets, inventory, and working capital. RIVDC also administers an intermediary relending program (IRP) to increase economic activity and employment in rural communities with populations of less than 25,000. RIVDC encourages small business participation loans with their RLF and the IRP, and has ongoing opportunities for investments in these funds.
For more information, contact Joe Herring, Administrative Director, at (208) 732-5727 ext. 3003 or e-mail him. Additional information is available on RIVDA's Web site.