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EDGE Board Approves FY2021 Budget

Memphis, Tenn. (June 17, 2020) – The EDGE Board today approved its FY2021 operating budget, representing a $153,000 increase over last year. This year’s budget includes additional funds outlined in Programs and Projects including $250,000 for the NEED Grant...

IRS Extends Opportunity Zone Deadlines

Via The National Law Review. In response to the COVID-19 pandemic, IRS Notice 2020-39 extends several deadlines relating to the opportunity zone program and provides welcome relief for investors and qualified opportunity funds (QOFs). In December 2017, Congress...

COVID-19 Likely to Result in Increased Entrepreneurship Rates

Via Main Street America Despite the more than 40 million unemployment filings and anticipated millions of small business closures that will result due to COVID-19, previous economic downturns suggest that there may soon be ripe opportunities for business start-up...

EDGE Newsletter: May 2020

EDGE May Update: EDGE Named One of the Top Economic Development Organizations in the Nation Read the Newsletter  

EDGE Third Quarter FY2020 Report Released

During Q3 FY 2020, approved projects committed to: 196 jobs at an average salary of more than $55,000 $334 million in capital investment in Memphis and Shelby County $35 million (projected) in additional tax dollars for the area $40 million in spending with minority...

Trap Fusion Hopes It Is Planting The Seeds to Help Whitehaven Grow

This interview was conducted in early March, just before the pandemic hit. Jason Gardner has lived in Whitehaven his entire life. Last year, he opened Trap Fusion, a restaurant serving healthy southern cuisine, with Monique Williams. The restaurant just blocks from...

Which Countries Offer the Best Prospects for Your Product or Service?

 Conducting Market Research  Via International Trade Administration International market research is a key piece of successful export planning. It is important to critically review and assess if the potential export destination is suitable for your product or service....