Tourism, education, and entrepreneurship drive regional growth
Caroline Lobsinger
In North Idaho, entrepreneurial inspiration finds fertile ground in a region experiencing unprecedented economic transformation. From Coeur d'Alene and Sandpoint to Boundary County and the Silver Valley, the region's cities and small towns are becoming magnets for innovation and growth.
But economic growth, North Idaho style, isn't necessarily found in business boardrooms or economic development groups — although it is found there, too. It's also found in abundance in businesses celebrating the region's tourism and outdoor recreation areas.
Local schools and workforce development are also playing an increasing role in boosting the region's economy as career-technical education centers, local colleges and businesses are teaming up to bring tomorrow's skills to today's workforce.
Tourism has become North Idaho's third-largest industry, creating a year-round economic foundation beyond summer recreation. The Idaho Travel Council invested nearly $2 million in regional tourism nonprofits, recognizing outdoor recreation's vital economic role. From Silverwood to wilderness adventures, attractions generate billions in sales and thousands of jobs.
North Idaho College anchors the region's workforce strategy, aligning educational programs with local labor demands. The Parker Technical Education Center in Rathdrum exemplifies technical skills training addressing regional needs from healthcare to construction trades.
Collaboration is the key word as the region's economic development is thriving because of that approach. From the region's economic development groups to the Panhandle Area Council to regional chambers that work to connect — and support — both local businesses and those looking to launch the next Litehouse Foods.
The region's schools and colleges offer pathways for residents of all ages to gain trade and technical skills, creating career advancement opportunities that meet workforce needs.
For entrepreneurs, North Idaho offers unique resources, community support, and market opportunities. Local chambers provide networking and referral systems that make the difference between struggling and thriving.
Dive into this month's North Idaho Business Journal and get to know a few of the businesses powering the future in North Idaho.
— Caroline Lobsinger, NIBJ Editor
