An abandoned and blighted retail strip in the Vollintine-Evergreen neighborhood may soon have a new life. The 75-year-old building has sat vacant and vandalized for years. Today, the Finance Committee awarded a $25,000 Inner City Economic Development Loan to Timothy...
During Q4 FY2020, approved projects committed to: 135 jobs at an average salary of more than $37,000 $49 million in capital investment $8 million in projected tax revenue $6 million in spending with minority and women-owned businesses The story for Q4 2020 was...
EDGE has approved more projects since May 2020, than in all of 2017, 2018 and 2019 combined. With 103 NEED Grants, seven PILOTs and two Inner City Economic Development Loans, 2020 has been the busiest year on record for EDGE.
103 Companies Find Relief Through NEED Grants; How Does Memphis Stack Up Against Other Large Metros During COVID-19?; REA Sees Momentum Amid Pandemic Read the Newsletter
Via Brookings.edu. The impacts of the COVID-19 recession and the road to recovery can differ greatly across local economies. Brookings’ Metro Recovery Index presents data across a variety of indicators to provide a picture of the impact of the crisis and the...
Memphis, Tenn. (July 24, 2020) – Every September, the Southern Heritage Classic is one of the country’s most anticipated college football games. The rivalry between HBCUs (Historically Black Colleges and Universities) Jackson State and Tennessee State has become a...
NADEC and NASBITE International will present a free webinar on July 30th at 2:00 ET to discuss programs and services that can assist your small business in obtaining export sales during the Covid-19 recovery phase. As many small businesses pivot and make updates to...
Via Brookings.edu. The COVID-19 public health crisis, the downturn triggered by the pandemic, and government, business, and individual responses to the pandemic have all provoked the sharpest and fastest economic downturn in U.S. history. At the depth of the downturn,...
The Greater Memphis Chamber released its Greater Memphis MSA Market Overview – COVID-19 Edition on July 2, 2020. The report highlights the state of employment for this region and contains several insights: The Greater Memphis MSA has held competitive unemployment...
Memphis, Tenn. (July 10, 2020) – Sekisui has been a staple of the Memphis restaurant scene for three decades. But when COVID-19 hit, the popular spot was not immune to the effects of the pandemic. “The business was reduced to just to-go orders,” said Sekisui owner...
An open and public meeting of the Board of Directors and Executive Committee Meeting of the Shelby County Joint Economic and Community Development Board (JECDB) will be held on Thursday, March 20, 2025 at 9:00 a.m.
The session underscored the importance of collaboration between government, business leaders, and community organizations in promoting economic growth.
