To further combat the spread of COVID-19, the City of Memphis has issued a Safer at Home Order effective 6 p.m. on March 24, 2020, through midnight on April 21, 2020. The order directs all residents of Memphis to stay inside their homes and immediately limit all...
The Small Business Administration (SBA) is making a Disaster Relief Loan available to most small businesses. The SBA will be lending up to $2 Million to businesses at a 3.75% fixed interest rate with a repayment of up to 30 years. You can apply here. Access all...
A new Brookings report examines what trade and logistics workers may face in this ever-evolving landscape. Trade and logistics workers make up 14.2% of the workforce in Memphis. It will be hard to predict where and when COVID-19 will impact supply chains. These...
A new $69 million investment in Binghampton looks to bring more people and more growth to this historic neighborhood. Link Apartments has plans to redevelop the site of a 75-year-old warehouse on Broad Avenue as a new residential living space. EDGE provided a 15-year...
A new report from Brookings shows that tech-based growth will likely “not diffuse out into America’s up-and-coming mid-sized cities and small towns on its own.” The report calls for a national innovative response in order to give heartland metro areas a seat at the...
The new Superlo grocery store at Lamar and Airways opened in December to quite a celebration. Memphis Mayor Jim Strickland, several local officials, the Grizzlies drumline and Grizz himself were on hand to kick things off. At one point, Mayor Strickland played drums...
The EDGE Fiscal Year 2020 First and Second Quarter Report has been released. During Q1 and Q2 FY 2020, approved projects committed to: 634 jobs at an average salary of more than $52,000 $443 million in capital investment in Memphis and Shelby County $64.2 million in...
EDGE President, Reid Dulberger spoke to the TVA Board of Directors at their meeting in Oxford, Mississippi, on February 12th. He was there to express the continued interest of the city, county, EDGE, and Port in working with TVA to redevelop the property at the former...
Two projects approved by the EDGE Economic Development Finance Committee on February 5th, will create a neighborhood hub and allow a small business to open in a long-vacant and blighted building. Alcy Ball Development Corporation Roger’s Store’ was a fixture in the...