The Northwest Company, LLC was awarded a ten-year EDGE Fast Track Payment-In-Lieu-of-Tax (PILOT). The project will bring 25 new jobs to Memphis with an average base salary of $34,250 excluding benefits and invest $5.7 million in the facility located at 4755 Southpoint...
Ayele Akibulan, dba Kemet Nu Enterprises, was awarded a $15,000 Inner City Economic Development (ICED) Loan to help improve the exterior appearance, replace the roof, and install an HVAC system at 988/990 Mississippi Boulevard. Total project costs are $90,000 and...
In cooperation with GMACWorkforce and HopeWorks, nine area businesses joined together to participate in the Mid-South Employer Resource Network (MSERN) initiative. The employer-based model joins an association of small- to mid-size businesses to provide job retention...
The Midsouth Minority Business Continuum convenes one of the largest economic development conferences in the Midsouth. Annually, the MMBC Economic Development Forum connects Fortune 500 CEOs and senior executives, diverse suppliers, corporate purchasing managers,...
While Memphis is knowns for its strengths in distribution and logistics, for the past twenty years Shelby County has emerged as the second largest county in the U.S. for medical device manufacturing. And since 1999, the Memphis medical device manufacturing industry...
Family Multiplex Center (1025/1029 Whitney Avenue) was approved for a $20,000 ICED Loan to help improve the exterior appearance, upgrade electrical, and install an HVAC system for three new businesses located at 1025/1029 Whitney Avenue. Family Multiplex Center is...
EDGE Board Member, Dr. Florence Jones was selected by the Murray State Alumni Association as one of the 2018 recipients of the Distinguished Alumni Award. Established in 1962, the Distinguished Alumni Award is presented annually to alumni who have made meaningful...
GMACWorkforce is pleased to announce that 100% of the trainees participating in the inaugural Earn While You Learn skills training program graduated and received opportunities to interview for permanent positions at area manufacturing facilities. Earn While You Learn...
Gwendolyn Louise Smith, dba Lula’s Frozen Treats, was awarded an $18,000 Inner City Economic Development (ICED) Loan to help remodel the interior, add a patio, and install ADA-compatible restrooms at 1750 Frayser Boulevard. Total project costs are estimated to be...
After previous approval by the EDGE Board in April 2017 for a JOBS PILOT, Ebrofrost North America, Inc.’s PILOT agreement was amended to include an increase of Net New Jobs with a higher annual salary component, an increase in occupied building percentage, and an...
