I would say that yes it does. There are enough local businesses already up and running in Red Hook that we know they can succeed, and if you have a solid business plan and can meet the needs of the community in some way, it's possible that new businesses could do well here.
As for investors, perhaps. There's not a huge population to draw from (maybe about 11,000 or so across the whole town, not just the village) but there is wealth in these parts. Obviously I can't give any guarantees on actually finding investors but it seems possible.