To support growth of our regional entrepreneurial ecosystem, the Sun Valley Economic Development organization (SVED) and the Ketchum Community Development Corporation (KCDC) came together in 2014 to create a number of new programs to support the local entrepreneurial ecosystem. First, the Ketchum Innovation Center (KIC) was launched to create a hub for entrepreneurial activity in the Wood River Valley.
SVED, KCDC and the KIC worked to launch both a business mentoring program and a local investment program to direct investment capital at promising companies. these efforts evolved in the Sun Valley Band of Angels and Mentors (BAM), consisting of experienced business mentors and accredited investors with an interest in growing the entrepreneurial ecosystem in the Sun Valley region. the BAM investment programs can take the form of traditional angel/venture capital equity investments for scalable businesses that have a shot at achieving an exit (company sale or IPO), or structured loan insstruments (paid back via revenue/profit royalty payments) for partnership with other Angel organizations in the Mountain West.