Local entrepreneur reveals software success at Rexburg business competition

The City Council meeting in Rexburg on March 19, 2025, featured a significant discussion on local business development, highlighting the importance of supporting emerging enterprises in the community. One of the standout moments came from a local entrepreneur who presented his business, Interval AI, which focuses on helping companies recover overdue payments from customers.

The entrepreneur expressed his enthusiasm for the city's investment in new businesses, noting his lifelong connection to Rexburg. He explained that Interval AI automates the process of collecting past due balances, allowing businesses to focus on their operations while ensuring they receive the money owed to them. In just eight months, the company has successfully collected several hundred thousand dollars for local businesses.

The entrepreneur emphasized that the key to fostering growth in Rexburg is not just about increasing revenue for businesses but also about ensuring they collect the funds they have already earned. With the support from the city, he hopes to expand his product and significantly increase the amount collected for local companies.

This discussion underscores the City Council's commitment to nurturing local businesses and enhancing the economic landscape in Rexburg. As the community continues to invest in innovative solutions, the potential for growth and success among local enterprises appears promising.