Teton County's present economic base is oriented to farming, tourism, government employment, wholesale and retail trade, and services.
However, the proximity of Jackson Hole, is a benefit in that a business located in the City of Victor can tap this market. Land currently is cheaper in the City of Victor than it is in Jackson Hole. There is available vacant land in the City of Victor that is near the major transportation routes; traffic congestion is less and utility service can be just as good or better.
The amount of economic/light manufacturing development in the City of Victor depends in part on the desires of its residents. Light manufacturing growth will occur though the expansion of existing businesses. However, whether any new businesses settle in the City depends a great deal upon the attitudes of the City towards growth.
This plan encourages development to take place in the appropriate areas of the City where services exist and transportation facilities are adequate. This vision would include all new light manufacturing and commercial uses to be connected to municipal wastewater systems.
1. Encourage economic development that maximizes opportunities for local production and purchasing of goods and services by industry, business, residents and visitors in the City.
2. Encourage light manufacturing and commercial expansion, employment opportunities, and capital investment.
3. Encourage economic growth that includes support for the agricultural, manufacturing and high tech industries in the City.
4. Encourage Recreation and Tourism Development.
Policy No. 1: Encourage economic development that is consistent with and supports City attributes such as the character, lifestyle, and history of the City of Victor.
Policy No. 2: Attract new Businesses to the various business areas of the city.
Policy No. 3:Encourage economic development that meets standards of applicable regulatory agencies and provides local employment for City residents.
Policy No. 4: Encourage high infrastructure-impact business and industry to locate where City water and sewer systems are available.
Policy No. 5:Work with local, regional and state organizations to identify and recruit new businesses and industries to the City of Victor. Work with economic development agencies in the identification, exploration, and development of new markets for existing products and services and/or expansion of existing markets. Encourage Business Park Development.
Policy No. 6: Create and implement a Business Retention and Expansion program in the City of Victor to maximize potential growth and retention of existing businesses on a yearly basis.
Policy No. 7:Develop a comprehensive website that encompasses all information about the City of Victor that can be used as a tool in recruiting new business/industry to the area. Make City information and materials easily available including posting materials on the City’s website when possible. (www.mycommunity.net/VictorCity.nsf)
Policy No. 8:Promote tourism for the Eastern Idaho region, and increase tourism dollars in the City of Victor.
Policy No. 9:Provide assistance and support to businesses and entrepreneurs in the City in expanding facilities and support economic development groups in their efforts to promote a business friendly environment.
Policy No. 10:Continue improving the development review protocol so that it is user-friendly and streamlined and promote customer service in delivering City services.
Policy No. 11: Improve and maintain infrastructure to attract businesses. Target re-development areas that have been identified by the city.
Policy No. 12: Plan for commercial and light manufacturing development in light manufacturing corridors.
Policy No. 13: Encourage local developers, builders, realtors and their employees to work and live in Victor City.
Policy No. 14:Strengthen the City’s accessibility, convenience, desirability and image as a progressive community and place to do business. Build upon City of Victor’s strength of being centrally located between two larger markets.
Useful Websites for Existing and Startup Businesses
- www.idahosbdc.org (ID Small Business Development Center) - Business Startup Guide
- www.idahobizhelp.org (USDA) - Business Wizard
- www.sos.idaho.gov/ (Idaho Secretary of State)
- sto.idaho.gov/Programs/IdahoPrime.aspx - Idaho Prime Loan Program
- commerce.idaho.gov/ (Idaho Department of Commerce)
- www.tax.idaho.gov (Idaho State Tax Commission)
- www.itd.idaho.gov/civil/overview.htm (Disadvantaged Business Enterprises ) - certification
- www.sba.gov/about-offices-content/2/3115 (Boise district office - SBA)
- www.idahovirtualincubator.org (e-commerce project)
U.S. Government Sites
- www.sba.gov (Small Business Administration) - links to business info, forms, agencies, publications, women, veterans
- www.sba.gov/vets (SBA site for veterans)
- www.vetbiz.gov (Dept. of Veterans Affairs - links to vet assistance)
- www.cfda.gov (Catalog of Federal Domestic Assistance) - Federal programs
- www.firstgov.gov (GSA) - Government services for businesses, citizens
- www.hhs.gov/grantsnet (Health & Human Services ) - Grant info
- www.afterschool.gov (grant writing tips) - see "How To Get Money" link
- www.onlinewbc.gov (Online Women's Business Center - SBA)
- www.loc.gov/copyright (Library of Congress - Copyright Office) - laws, forms
- www.doc.gov (U.S. Department of Commerce)
- www.uspto.gov (Patents and Trademarks Office)
- www.mbda.gov (Minority business Development Agency) - Dept. of Commerce
- www.bea.doc.gov (Bureau of Economic Analysis)
- www.ecommerce.gov (U.S. economic policy for e-commerce)
- www.irs.gov (Internal Revenue Service)
- www.dol.gov (U.S. Department of Labor)
- www.quickfacts.census.gov (Census Bureau) - condensed census data
- www.cfda.gov (Catalog of Dederal Domestic Assistance) - Federal programs
- www.firstgov.gov Online Government services for businesses & citizens
- www.ccr.gov (Central Contracting Registration_ - Only registered contractors can do business with the federal govenment - register here
Other Useful Sites
- www.sbdcnet.utsa.edu (Small Business Develoment Center) - business plans
- www.nawbo.org (National Association of Women Business Owners)
- www.hispanicbusiness.com Information for Hispanic business people
- www.codetalk.fed.us (HUD website for Native American communities)
- www.ncaied.org (National Center for American Indian Enterprise Dev.)
- www.onaben.org (Organization of Native American Business & Enterpreneurial Network)