![red-slash-home-page-header](https://edgemem.com/wp-content/uploads/2022/06/red-slash-home-page-header.png)
Driving Memphis &
Shelby County Forward
Economic Development
Growth Engine
EDGE brings together public and private entities to create new opportunities for economic advancement and prosperity.
![red-slash-home-page-header](https://edgemem.com/wp-content/uploads/2022/06/red-slash-home-page-header.png)
Driving Memphis &
Shelby County Forward
Economic Development
Growth Engine
EDGE brings together public and private entities to create new opportunities for economic advancement and prosperity.
![red-slash-home-page-header](https://edgemem.com/wp-content/uploads/2022/06/red-slash-home-page-header.png)
Driving Memphis &
Shelby County Forward
Economic Development
Growth Engine
EDGE brings together public and private entities to create new opportunities for economic advancement and prosperity.
– Program –
PILOT
A temporary, partial abatement of future real and/or personal property taxes that an applicant would otherwise have paid.
– Program –
TIF
Funds public infrastructure and improvements, and can finance private entities.
– Program –
ICED Loan
Small, forgivable loans that assist in facade and building improvements.
– Program –
IRB
Bonds that offer low-cost financing for manufacturing projects.
– Program –
FTZ
Allows companies importing parts/products to delay, reduce or eliminate taxes.
– Program –
FTZ
Allows companies importing parts/products to delay, reduce or eliminate taxes.
![](https://edgemem.com/wp-content/uploads/2022/06/edge-red-slash.png)
Key Industries of Memphis & Shelby County
EDGE By the Numbers
Economic Impact Since 2011
![Created Retained Jobs Icon - Final Digital rendering of man with medal white on red background](https://edgemem.com/wp-content/uploads/2022/10/Created-Retained-Jobs-Icon-Final.png)
Created & Retained
Memphis/Shelby
County Jobs
![MWBE Icon - Final Digital rendering of dollar bills white on red background](https://edgemem.com/wp-content/uploads/2022/10/MWBE-Icon-Final.png)
MWBE Spend
with local MWBEs
![Received Icon - Final Digital rendering of hand with coins falling into palm white on red background](https://edgemem.com/wp-content/uploads/2022/10/Received-Icon-Final.png)
More Than
In Capital Investment
![Generated Icon - Final Digital rendering of coin white on red background](https://edgemem.com/wp-content/uploads/2022/10/Generated-Icon-Final.png)
Generated
In Tax Revenue
EDGE By the Numbers
Economic Impact Since 2011
![Created Retained Jobs Icon - Final Digital rendering of man with medal white on red background](https://edgemem.com/wp-content/uploads/2022/10/Created-Retained-Jobs-Icon-Final.png)
Created & Retained
Memphis/Shelby
County Jobs
![MWBE Icon - Final Digital rendering of dollar bills white on red background](https://edgemem.com/wp-content/uploads/2022/10/MWBE-Icon-Final.png)
MWBE Spend
with local MWBEs
![Received Icon - Final Digital rendering of hand with coins falling into palm white on red background](https://edgemem.com/wp-content/uploads/2022/10/Received-Icon-Final.png)
More Than
In Capital Investment
![Generated Icon - Final Digital rendering of coin white on red background](https://edgemem.com/wp-content/uploads/2022/10/Generated-Icon-Final.png)
Generated
In Tax Revenue
Our Award-Winning Transparency
EDGE and its partners provide incentive, finance and small business development programs that help your business grow.
View Shelby County businesses that have received grants from EDGE Programs
EDGE Recognition for Excellence
![good jobs first](https://edgemem.com/wp-content/uploads/2022/07/good-jobs-first-l.png)
Good Jobs First
2013: Tied for for transparency in incentive disclosures
![memphis area association of governments](https://edgemem.com/wp-content/uploads/2022/07/memphis-area-association-of-governments.png)
Rebuild Tennessee
2014: Awarded for the EDGE Paul Lowery Road Project
![sedc](https://edgemem.com/wp-content/uploads/2022/07/sedc.png)
SEDC
2014: Superior Award for EDGE Database and Merit Award for Regional Economic Development Website
![cdfa](https://edgemem.com/wp-content/uploads/2022/07/cdfa-c.png)
CDFA
2018: Distinguished Development Finance Local Agency Award
![site selection magazine](https://edgemem.com/wp-content/uploads/2022/07/site-selection.png)
Site Selection Magazine
2020: Mac Conway Awardfor Excellence in Economic Development
![iedc](https://edgemem.com/wp-content/uploads/2022/07/iedc.png)
IEDC
2020: Excellence in Economic Development Gold Award for NEED Grant Program
![site selection magazine](https://edgemem.com/wp-content/uploads/2022/07/site-selection.png)
Site Selection Magazine
2021: Mac Conway Awardfor Excellence in Economic Development
Jobs PILOT
Cognate BioServices Inc
Cognate BioServices, Inc. received approval for a 15-year Jobs PILOT encouraging the company to create 561 jobs paying an average wage of $63,749. The company plans to invest $213 million to renovate three Memphis industrial properties to house cell-therapy operations, contract development and manufacturing for drug sponsors, and related logistics. Founded in 2002, Baltimore-based Cognate BioServices is a leading contract developer and manufacturer of advanced cell and gene therapies. As the demand for regenerative medicine, cancer treatments and other live-cell biologics increases, Cognate is diversifying its services from clinical into commercial applications and now has facilities in the United States, United Kingdom, and Sweden.
![Cognate_Home_700x500 cognate bioservices lab tech working in lab](https://edgemem.com/wp-content/uploads/2022/08/Cognate_Home_700x500.jpg)
![gray-angle-left-full-bg-Final Black rectangle](https://edgemem.com/wp-content/uploads/2022/10/gray-angle-left-full-bg-Final.png)
![good jobs first](https://edgemem.com/wp-content/uploads/2022/07/good-jobs-first-l.png)
Good Jobs First
2013: Tied for for transparency in incentive disclosures
![memphis area association of governments](https://edgemem.com/wp-content/uploads/2022/07/memphis-area-association-of-governments.png)
Rebuild Tennessee
2014: Awarded for the EDGE Paul Lowery Road Project
![sedc](https://edgemem.com/wp-content/uploads/2022/07/sedc.png)
SEDC
2014: Superior Award for EDGE Database and Merit Award for Regional Economic Development Website
![cdfa](https://edgemem.com/wp-content/uploads/2022/07/cdfa-c.png)
CDFA
2018: Distinguished Development Finance Local Agency Award
![site selection magazine](https://edgemem.com/wp-content/uploads/2022/07/site-selection.png)
Site Selection Magazine
2020: Mac Conway Awardfor Excellence in Economic Development
![iedc](https://edgemem.com/wp-content/uploads/2022/07/iedc.png)
IEDC
2020: Excellence in Economic Development Gold Award for NEED Grant Program
![site selection magazine](https://edgemem.com/wp-content/uploads/2022/07/site-selection.png)
Site Selection Magazine
2021: Mac Conway Awardfor Excellence in Economic Development
Jobs PILOT
Cognate BioServices Inc
![Cognate_Home_700x500 cognate bioservices lab tech working in lab](https://edgemem.com/wp-content/uploads/2022/08/Cognate_Home_700x500.jpg)
Cognate BioServices, Inc. received approval for a 15-year Jobs PILOT encouraging the company to create 561 jobs paying an average wage of $63,749. The company plans to invest $213 million to renovate three Memphis industrial properties to house cell-therapy operations, contract development and manufacturing for drug sponsors, and related logistics. Founded in 2002, Baltimore-based Cognate BioServices is a leading contract developer and manufacturer of advanced cell and gene therapies. As the demand for regenerative medicine, cancer treatments and other live-cell biologics increases, Cognate is diversifying its services from clinical into commercial applications and now has facilities in the United States, United Kingdom, and Sweden.
![gray-angle-left-full-bg](https://edgemem.com/wp-content/uploads/2022/06/gray-angle-left-full-bg.png)
![good jobs first](https://edgemem.com/wp-content/uploads/2022/07/good-jobs-first-l.png)
Good Jobs First
2013: Tied for for transparency in incentive disclosures
![memphis area association of governments](https://edgemem.com/wp-content/uploads/2022/07/memphis-area-association-of-governments.png)
Rebuild Tennessee
2014: Awarded for the EDGE Paul Lowery Road Project
![sedc](https://edgemem.com/wp-content/uploads/2022/07/sedc.png)
SEDC
2014: Superior Award for EDGE Database and Merit Award for Regional Economic Development Website
![cdfa](https://edgemem.com/wp-content/uploads/2022/07/cdfa-c.png)
CDFA
2018: Distinguished Development Finance Local Agency Award
![site selection magazine](https://edgemem.com/wp-content/uploads/2022/07/site-selection.png)
Site Selection Magazine
2020: Mac Conway Awardfor Excellence in Economic Development
![iedc](https://edgemem.com/wp-content/uploads/2022/07/iedc.png)
IEDC
2020: Excellence in Economic Development Gold Award for NEED Grant Program
![site selection magazine](https://edgemem.com/wp-content/uploads/2022/07/site-selection.png)
Site Selection Magazine
2021: Mac Conway Awardfor Excellence in Economic Development
Jobs PILOT
Cognate BioServices Inc
![Cognate_Home_700x500 cognate bioservices lab tech working in lab](https://edgemem.com/wp-content/uploads/2022/08/Cognate_Home_700x500.jpg)
Cognate BioServices, Inc. received approval for a 15-year Jobs PILOT encouraging the company to create 561 jobs paying an average wage of $63,749. The company plans to invest $213 million to renovate three Memphis industrial properties to house cell-therapy operations, contract development and manufacturing for drug sponsors, and related logistics. Founded in 2002, Baltimore-based Cognate BioServices is a leading contract developer and manufacturer of advanced cell and gene therapies. As the demand for regenerative medicine, cancer treatments and other live-cell biologics increases, Cognate is diversifying its services from clinical into commercial applications and now has facilities in the United States, United Kingdom, and Sweden.
![gray-angle-left-full-bg](https://edgemem.com/wp-content/uploads/2022/06/gray-angle-left-full-bg.png)
Upcoming Meetings
Wednesday, July 17, 2024: EDGE Finance Committee, Port, and Board Meeting
Wednesday, July 17, 2024
Location: Junior Achievement of Memphis and the Mid-South
Wednesday, August 21, 2024: EDGE Board Meeting
Wednesday, August 21, 2024
Location: Junior Achievement of Memphis and the Mid-South
Wednesday, September 18, 2024: EDGE Board Meeting
Wednesday, September 18, 2024
Location: Junior Achievement of Memphis and the Mid-South
Newsroom
EDGE Approves One PILOT, Three Amendments, Awards $25,000 ICED Loan
The EDGE Board met on July 17 and approved one new PILOT (Payment In Lieu of Taxes) and three PILOT amendments, as well as one forgivable Inner City Economic Development (ICED) Loan built to spark revitalization in distressed neighborhoods.
EDGE to Host Second Annual Inner City Economic Development Loan Expo
EDGE will host the second annual Inner City Economic Development (ICED) Loan Expo on Thursday, June 27. This year marks the 10th anniversary of the program. Since it's inception, more than 100 businesses have received $2 million in program funds. ICED Loans designed...
June 2024: Shelby County Joint Economic & Community Development Board (JECDB) Board of Directors and Executive Committee Meeting
PUBLIC NOTICE OF MEETING of the Board of Directors and Executive Committee Meeting of the Shelby County Joint Economic & Community Development Board (JECDB) Staffed by: EDGE NOTICE IS HEREBY GIVEN to all residents of the City of Memphis and County of Shelby,...