New Programs
LRED is working to develop important new programs that will strengthen economic development in the Lost River Valley.
Development of a local Business Association
Strengthen the relationship with Idaho Department of Commerce
Strengthen the relationship with the City of Mackay
Strengthen the relationship with the School District
Develop additional events and strengthen the Events Council
Collaborate with Idaho Woman’s Small Business Association
Upgrade the Mackay Historic Theater
Install EV Charging Stations
Revitalize Main Street
Assist with Mackay Tourist Park Restoration
Upgrade the Rodeo Grounds
Upgrade the Airport
Trail Creek Road Paving
Development of a Community Center
Development of a Child Care Center
Marketing Partners Program
LRED is proud to announce the new Marketing Partners Program to help us support you better. Check our new program page for details.
Corporate Sponsorship Campaign
LRED is deploying a robust Corporate Sponsorship Campaign!
Out of Area Investor Campaign
Time frame — 6 weeks beginning Summer 2024. Activity Goal $50,000. This campaign is directed to those businesses "across the desert" who reap the benefit of our area’s significant leakage in discretionary spending. The program is targeting the 40 top businesses most likely to be able to track consumer spending by community, who we also know to be huge beneficiaries of our resident's spending. These include major healthcare facilities, car dealerships, select big box retailers, engineering firms, HVAC & construction companies, office equipment suppliers and universities. A direct mail piece and introductory letter will be followed up with phone calls.
Local Capital Campaign
Time frame — 2 weeks beginning late Summer 2024. Activity Goal: $10, 000. This campaign is directed at local investors who are most likely to benefit from and recognize the need for economic development activities in our communities. These are the organizations that typically support economic development campaigns in other communities. (Lenders, Utility Providers, Hospital, & Chambers of Commerce). Development and delivery of a promotional piece will be followed by personal visitors from Board members and others.
Increase Investment from Current Municipalities & Request for Support from Currently Unrepresented Municipalities.
Time frame — Fall 2024. Activity Goal: $5,000. Request additional funding within the traditional annual from Custer County, Butte County, City of Mackay, City of Arco. The cities of Moore, Butte City, Carey, and the Howe Community Association will also be approached. This campaign will be handled through a letter of request presented during a council/commissioner meeting.
Pursue financial income generating programs
Time frame — Fall 2024. Activity Goal: $25,000. Through marketing and advertising in various available vehicles.