March Newsletter 2023


Monthly newsletter from
Region IV Development Association, Inc.

Visit Our Website

The Region IV Development office will be closed Monday, January 17, 2022 in observance of Martin Luther King, Jr. Day.

"May the luck of the Irish
Lead to happiest heights
And the highway you travel
Be lined with green lights."
Irish Blessing


From our team to yours,
Happy Women's History Month
Since its inception in 1987, the celebration serves as a reminder of the contributions of some of the most ground-breaking women in our country's history.

Women in Business Statistics

Overview of statistics of women in business:

  • 42% of all businesses in the U.S. are women-owned.
  • Women-led businesses employ 9.4M workers and generate $1.9T in revenues annually.
  • States with the most women-owned employer firms are Hawaii, Virginia, and Colorado.
  • Over 1,800 new women-owned businesses are created each day in the U.S.
  • 1 in 3 female entrepreneurs has experienced sexism as a business owner.
  • The top priority of women-owned businesses is to get more funding and financial help.
  • The average loan size for women-owned firms is 50% lower than for male-owned.
  • Only 2.4% of venture capital funding goes to female founders in the U.S.
  • 31% of women business owners have school-aged children at home.

Read the full report and references here:

"If you were born with the weakness to fall, you were born with the strength to rise."
-Rupi Kaur


The Annual Meeting of the Idaho Women's Business Center

"A Celebration of Small Business Owners across Idaho"

April 16, 2023

JUMP Boise

We welcome our partners to join us in cultivating a vibrant business climate for statewide entrepreneurs, particularly those from more rural or disadvantaged areas. Together we can create an ecosystem that provides small businesses anywhere in our great state the resources necessary to impact their businesses, communities, and the economy.

This year, we are partnering with the Idaho Connect team to highlight the success of our partners:

Idaho Hispanic Chamber of Commerce

Idaho Black Community Alliance

Veteran Entrepreneur Alliance

South Central Hispanic Chamber of Commerce

Shoshone-Bannock Tribes

Nez Perce Tribe

Idaho Veterans Chamber of Commerce

North Idaho Native Fund

We invite entrepreneurs to join us to explore innovative ways to succeed and scale their businesses, no matter the challenges. From accessing capital, finding childcare solutions, or discovering new technologies - we are here to support every step of your journey!

11:00 networking and lunch

11:30-1:30 State of the State Program & Award Recognitions

2:00 - 4:00 pm We invite Small Business owners to join us following this program for

Small Business Workshops

Attend any two thought-provoking business workshop sessions designed to maximize growth and success for small business owners.

Plus, enjoy a complimentary parking pass when you stay!

Session One: Info session on Government Contracting, how to do Business with the Government

Session Two: Finding Access to Capital

Session Three: Grant Writing for Small Business Owners & Nonprofits

Session Four: Working with Idaho National Laboratory (INL) as a small business owner

Session Five: 3 Business Tax Myths...........BUSTED

Session Six: Buying a Business: Best Practices, Doing your homework) before you Invest

Register Now - Idaho Rural Success Summit



Region IV Development Loan Programs

Looking for financing for your business? Give us a call to see if we can assist your business with one of our loan programs.

Contact a loan officer today-
Rob Atkins, Loan Programs Manager
(208) 732-5727 ext. 3002
Amy Brinkman, Loan Officer
(208) 732-5727 ext. 3006

March SBA 504 Interest Rates

25 Year - 6.334%

20 Year - 6.338%

10 Year - 6.784%


Small Business Grant Opportunity


The FedEx Small Business Grant Contest is here, and so is your chance at $30K. You've been all in for your business since day one, now share your passion, success, and story with us for e opportunity to win big.

More information here:
Fedex Small Business Grant Contest


For more than four decades, Region IV Development Association has been providing hands-on technical assistance to communities throughout southern Idaho – from helping with basic infrastructure development (sewer, water, fire protection, community centers and senior centers) to assisting with community building (training, visioning, and comprehensive planning).

Our team can assist with town meetings, preparing funding applications, and project administration. 

Are you a community leader with a wish list full of infrastructure improvements to your city or county?

Call us today: 

Our Team: 

Adeanna Jenkins - Community Development Planner

(208) 732-5727 x3008,

Brenda Hastreiter - Project Specialist

(208) 732-5727 x 3007, 

Dr. Michele McFarlane - Community Development Planner

(208) 732-5727 x3005,


Grant Funding Opportunities


Idaho Commerce is accepting applications for the Idaho Gem Grant now.

Eligible applicants are limited to city and county governments. The project must be in a city with a population of no more than 10,000 or an unincorporated community.

The application deadline is March 20.

Idaho Gem Grant

Grant Funding Opportunity


Calling all small towns with populations fewer than 50,000! The next round of the

T-Mobile Hometown Grant program is now open.

Brought to you in partnership with Main Street America and Smart Growth America, the T-Mobile Hometown Grant program provides grants of up to $50,000 to help build stronger, more prosperous small towns and rural communities! 

Since the program's start, T-Mobile has given more than $6.6 million dollars to kickstart over 150 community development projects, including the latest winning recipients. 

Towns with 50,000 people or less can apply for a grant of up to $50K to fund projects to build, rebuild, or refresh community spaces that help foster local connections in your community. For example, you could implement tech upgrades at your library, refresh a local park, or break ground on a new place where neighbors can connect.

Need more time to submit your application? The next round of funding opens April 1, 2023 with a deadline of June 30, 2023.

Learn More

The Comprehensive Economic Development Strategy contributes to effective economic development by utilizing a locally-based, regionally driven economic development planning process. Our regional plan is strategy-driven and will enable RIVDA in creating an economic roadmap to diversify and strengthen our regional economy.

The RIVDA CEDS analyzes the regional economy, addresses regional economic problems, and serves as a guide for establishing regional goals and objectives.

 Click the CEDS to read more.

Jeff McCurdy
President and CEO

The U.S. Department of Commerce’s Economic Development Administration (EDA) defines the term “Economic Development” as “Creating the conditions for economic growth and improved quality of life by expanding the capacity of individuals, businesses, and communities to maximize the use of their talents and skills to support innovation, job creation, and private investment.” As someone that has been in the industry sector for nearly two decades, I have learned that Economic Development in Southern Idaho doesn’t just happen on its own. It takes leadership, planning, collaboration, and the use of available resources. 
Southern Idaho has experienced tremendous economic growth for many years and 2022 was no exception. Despite rising inflation and market uncertainty, the region’s economy has continued to flourish. That success is built upon strong leadership from our government leaders, effective business owners, and dedicated economic development professionals, like Region IV Development Association, Inc. 
RIVDA had great success in 2022. Through our various loan programs, we were able to help many small businesses obtain financial capital to grow and expand their businesses. We were able to kick off our Brownfield Assessment and Brownfield Revolving Loan Fund programs. We were able to assist several communities across the region obtain financing to improve water systems, sewer systems, community parks, senior/community centers, and emergency responders to obtain additional equipment. We were able to bring the Rural Economic Development Services program back under Region IV Development’s Management, which is a great program that helps strengthen our regional’s rural areas.                    
We are looking forward to an exciting and prosperous 2023. Please feel free to reach out to any member of the RIVDA Team as we work together to achieve economic success this coming year!   
-Jeff McCurdy


Follow Us