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Author Archives: Benton Alexander Smith

Benton Alexander Smith is a reporter for the Idaho Business Review, covering the Idaho Legislature, new business, technology and financial services.

Prime Lending opens McCall branch and plans two more (access required)

In the last three months, Prime Lending has grown from three employees and one office in the Treasure Valley to 16 employees around the state with two offices and two more scheduled to open soon. Prime Lending opened an office ...

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Idaho Department of Insurance works to expand its regulatory power (access required)

Dean Cameron spent his first four months as the director of the Idaho Department of Insurance trying to raise public awareness of the department and prepare for the next legislative session. Cameron, 54, was appointed director of the department on June 15. He ...

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SBA sees a 57 percent loan increase (access required)

The U.S. Small Business Administration’s Boise District, which includes southern and eastern Idaho, saw a 57 percent increase in the number of approved SBA 7(a) loans for the fiscal year of 2015. The loan is the most common type of ...

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Idaho Bankers Association preps for upcoming legislative session (access required)

Judicial foreclosures, wage garnishment and trust code are all on the mind of Idaho’s banking advocate Trent Wright as he looks to Idaho’s next legislative session. Wright, president and CEO of Idaho Bankers Association, said the association has worked on ...

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Young business to work on Idaho’s largest solar project (access required)

Clēnera moved its headquarters to Idaho last year and is now working on the biggest solar project in the state. Idaho Power currently has contracts with developers for 24 solar projects that can produce about 390 megawatts and are expected ...

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Wood River Valley sees 17 percent increase in visitors (access required)

The Wood River Valley has seen a 17 percent increase in visitors after a new local option tax doubled the Sun Valley Marketing Alliance’s marketing budget. The alliance’s marketing budget was raised for the last fiscal year to $2 million. ...

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Idaho restaurant owner testifies against proposed overtime threshold

The owner of the Idaho restaurant Bardenay testified before a subcommittee of the U.S. House’s Small Business Committee about concerns with a proposed change to overtime rules. Kevin Settles, a board member of the of the National Restaurant Association, said ...

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Sandpoint-based drone company visits Shark Tank (access required)

A Sandpoint-based company that raised about $143,000 during a crowdfunding Kickstarter campaign for its innovative drone is trying a new financing stunt– appearing on ABC’s Shark Tank. xCraft’s founder JD Claridge and his business partner Charles Manning, CEO of the ...

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Pocatello airport leases land for solar farm (access required)

Pocatello’s City Council has approved the lease of about 200 acres at the Pocatello Regional Airport for a solar farm developed by the Ketchum-based company Intermountain Energy Partners. The company, organized in 2014, has sales agreements with Idaho Power for ...

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Redevelopment agency to build downtown housing in Idaho Falls (access required)

The Idaho Falls Redevelopment Agency is looking to increase downtown housing. A study released in June by Leland Consulting Group, of Portland, Ore. concluded the city needs about 500 downtown housing units to drive business to the area, and said such ...

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