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State seeks proposals for Idaho rural economic development funds

Idaho Department of Commerce is hoping to continue a nine-year-old state-local partnership that puts economic development professionals to work in rural Idaho.

Commerce officials are asking rural communities to submit proposals http://www.commerce.idaho.gov/business/rural-ed-professional-program.aspx . for the state subsidy that support professional staff for local economic development organizations.

“These rural economic development professionals are at the center of Idaho’s campaign to bring economic expansion to every part of our state,” Idaho Commerce Director Don Dietrich said. “The financial resources provided by this initiative help ensure that every Idaho resident benefits from our economic strength.”

The program, part of the Rural Idaho Initiative, provides up to $40,000 to communities, counties or groups of communities or counties to hire a professional to manage their economic development campaigns. The applying organizations must commit at least $12,000 in local funds to the effort. The new round of financial support runs from July 2010 through June 2013 and is subject to renewal by Commerce and funding by the Idaho Legislature each year.

Full Story: http://www.magicvalley.com/business/article_4210e1c0-ff86-55d1-a396-ec1561fd53a3.html

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