We work with others to develop a vibrant economy of diverse businesses and industries that offer quality job opportunities and help build prosperity for all in Bonner County.
We’re guided by our commitments to Integrity, Engagement, and Service. Count on us to be inclusive, to do what we say, and be worthy of trust. We’ll be data-driven, solutions-minded, and responsive to our constituents in all things.
Our Strategic Priorities focus on insightful action, ready access to resources, & organizational responsiveness.
After disruption due to the pandemic, PEP is excited to announce that the Economic Summit is back! This immensely popular event (sold out and to rave reviews) will be held all day on May 11, at the University of Idaho Sandpoint Organic Agriculture Center, and will be limited to 90 participants, so save the date and watch for future announcements for further details!
Lead entirely by the PEP (previously knows at BCEDC), three qualifying zip codes were applied to be considered as Opportunity Zones, targeting Downtown Priest River, Hope, and Downtown Sandpoint. If approved, these zones would be privy to tax incentives and more. In the end, the Sandpoint downtown zone was accepted.
Kitchen Ponderay was formed to increase opportunities for culinary entrepreneurs in need of a commercial-grade kitchen facility. This nonprofit organization helps businesses in the food industry start at a fraction of the cost, helping them maximize profits when they need it most.
Since the establishment of Property Tax Exemptions and lowering of the capital limit to a $500,000 threshold, the PEP is working directly with the county to navigate applications. Companies now under 63-602NN include: Litehouse, DAHER, Tamarack, Pape Machinery, and Cryptorock, among others.
Through this project, Litehouse exemplified its dedication to the community and Bonner County, undertaking their $6.2 million expansion in February of 2018. The 26,000-square-foot addition includes a new cooler, shipping and receiving center, loading docks, updated employee break rooms and facilities, and a 4,000-square-foot wastewater treatment facility.
PEP (formerly BCEDC) created, launched and executed Economic Response & Recovery (ERR) Funds to local businesses impacted by COVID-19. After a successful first round, PEP received a charitable incentive through the Margaret F. Galbraith Fund via Innovia Foundation to match contributions, doubling the value. Matched donations came from the City of Sandpoint, Kochava, Percussionaire, Ting, North Idaho Title, and Washington Trust Bank.