Thursday, June 3, 2010

Idaho has a big labor pool, but a small talent pool |

What I've been saying all along...

Idaho's unemployment is at a record level, yet Clearwater Analytics and other local high-tech companies are having a difficult time finding people for key positions. The area's labor pool may be big, but it lacks depth - experienced or specialized high-tech workers. And that could hinder the state's ability to compete nationally and globally in the high-tech industries.
"Without a doubt the prevailing opinion on the coastal states is you probably cannot grow a tech company very big in the state of Idaho because the talent pool isn't there," said Bob Lokken at a business innovation conference last week. Lokken founded ProClarity, which was acquired by Microsoft; he recently launched WhiteCloud Analytics.

Read full article here.

Wednesday, June 2, 2010

Idaho in the top 5 in 2009 for number of new startups | Idaho Economy | Idaho Statesman

Hundreds of business start-ups in 2009 put Idaho in the top five states on the Kauffman Index of Entrepreneurial Activity. The index calculated that about 450 out of 100,000 adults in Idaho started businesses each month in 2009.
Idaho also is making high marks on other lists recently. The state jumped to No. 7 from No. 14 on the American Legislative Exchange Council's Best Economic Outlook list. Boise came in at No. 16 on Forbes' America's Most Innovative Cities, which rates patents, funding, jobs and technology. The Economist praised Boise and Idaho's open space as "the final frontier in the Internet age."

Read full article here.