Memphis, TN (May 4, 2020) – A busy 2019 that saw more than $680 million in investment and an additional 1,700 jobs for our area, has earned the Economic Development Growth Engine for Memphis & Shelby County (EDGE) a 2020 Mac Conway Award for Excellence in Economic...
MEMPHIS, Tenn. (May 1, 2020) – In 20 years, Fabiola Francis, owner of the catering company Simply Fabulous, has never had a layoff. But since the COVID-19 lockdown, she is down to just two part-time employees. “Because of the lockdown, we lost more than 80 percent of...
If you are a business owner, Governor Lee and his Economic Recovery Group need your input as they work to safely reopen Tennessee’s economy. They are eager to hear from all businesses about the challenges you are experiencing and how the state government can possibly...
This Brookings brief recaps the state of racial and gender equity within business ownership, the challenges that minority- and women-owned business enterprises (MWBEs) faced during the depths of the Great Recession, and how the COVID-19 small business crisis could...
Mayor Strickland has extended the Safer at Home Executive Order for an additional two weeks through May 5th. In the extension, the City did include some additional conditions, as well as, lift some restrictions. A quick update on those conditions: Effective Friday at...
At its first completely virtual meeting, the EDGE Board approved the Neighborhood Emergency Economic Development (NEED) Grant to provide relief to small inner city businesses affected by the COVID-19 outbreak and worked to keep more than 100 jobs in one distressed...
Since 2014, EDGE has provided $1.5 million in forgivable loans for small businesses leading to nearly $7 million in investment for inner-city neighborhoods. Those loans have helped small business owners improve their businesses and make a tremendous impact on their...
The name, Sewer Capacity Management Incentive doesn’t exactly ring with excitement but the program is leading to growth, opening the door for development where there otherwise might never have been any. The tax incentive was created to help developers who were...
Via Bisnow As major U.S. companies look to capitalize on international freight connectivity and industrial growth, many are zeroing in on Middle America over coastal gateway markets. Millions of square feet of warehouses are under construction in Memphis, as well as...
Via SBA.gov The Paycheck Protection Program provides small businesses with funds to pay up to 8 weeks of payroll costs including benefits. Funds can also be used to pay interest on mortgages, rent, and utilities. Click here for applications and more information on the...
