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Idaho high-tech had 11th-fastest growth in 2005

But industry still faces challenges, according to Cyberstates report http://www.aeanet.org/PressRoom/prjj_cs2007_US1.asp

Idaho had the 11th fastest-growing high-tech industry in the nation in 2005, according to a report released Tuesday.

But the 10th annual Cyberstates report by the American Electronics Association also said Idaho’s lack of venture capital could hold the state back.

"The fact that Idaho received no venture capital investments in 2006 reveals that we have plenty of room for improvement if we are to grow the industry and continue to add jobs in the years to come," Terry Byington, executive director of the trade association’s Washington Council, said in a statement. Based in Lynwood, Wash., the Washington Council represents technology companies in Washington, Oregon and Idaho.

By Ken Dey – Idaho Statesman

Full Story: http://www.idahostatesman.com/103/story/81001.html

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