EDGE Approves Two Forgiveable ICED Loans, Empowers Local Entrepreneurs

December 18, 2024 | News

The EDGE Economic Development Finance Committee today met and approved two forgivable Inner City Economic Development (ICED) Loans built to spark revitalization in distressed neighborhoods.  Since 2014, ICED Loans have provided crucial support to nearly 100 businesses...

ICED Loan recipient Groovy Gratitude promotes wellness and community in Uptown Memphis

November 20, 2024 | News

Situated in the center of Uptown Memphis, Groovy Gratitude is a wellness cafe whose mission is to nourishing bodies, uplifting spirits, and fostering community connections. This vibrant establishment provides an array of drinks and dishes crafted from locally sourced,...

EDGE honored with award at 2024 CDFA National Development Finance Summit

November 15, 2024 | News

The 2024 CDFA National Development Finance Summit brought together the brightest minds and leaders in development finance for three days of in-depth discussions, networking, and knowledge sharing. This annual event is a cornerstone for professionals from both the...

Governor Lee, Commissioner McWhorter Announce AAON, Inc. to Establish Operations in Memphis

November 14, 2024 | News

Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Stuart C. McWhorter and AAON, Inc. (NASDAQ: AAON) officials announced today the company will expand its presence to Tennessee. AAON has selected the former American Snuff facility...

Empowering local businesses: Collierville Chamber Ascend Business Summit

November 8, 2024 | News

Recently, the Collierville Chamber of Commerce hosted its highly anticipated Ascend Regional Business Summit, bringing together business owners, senior executives, and industry experts from across the region. The summit was a day dedicated to learning, networking, and...

EDGE Approves 15-Year Jobs PILOT, Strengthens Local Manufacturing Sector

November 6, 2024 | News

The EDGE Board met on November 6 and approved a 15-year Jobs Payment-In-Lieu-Of-Tax (PILOT) for AAON, Inc. This incentive offer will be taken into consideration by the company as they make their expansion decision. Headquartered in Tulsa, Oklahoma, the company is...

Announcing 2024 CDFA Distinguished Development Finance Agency Award Recipients

November 1, 2024 | News

The Council of Development Finance Agencies (CDFA) is proud to announce the recipients of the 2024 CDFA Distinguished Development Finance Agency Awards: the Economic Development Growth Engine for Memphis & Shelby County (EDGE), the Arizona Finance Authority (AFA),...

EDGE sponsors MidSouth Development District’s Regional Summit 2024

October 28, 2024 | News

Last week, the MidSouth Development District’s Regional Summit 2024 brought together some of the most dynamic and forward-thinking leaders from across the region for a day packed with engaging discussions, skill-building workshops, and opportunities for meaningful...

Mickey’s Popcorn: A Memphis success story of innovation and impact

October 24, 2024 | News

Founded in 2020 by husband-and-wife team Kenny and Dr. Penny Mickey, Mickey’s Popcorn has quickly become a standout local business, known for its small-batch gourmet popcorn and deep commitment to community impact. With backgrounds in advanced food manufacturing,...

Governor Lee, Commissioner McWhorter Announce Reconext to Establish Presence in Memphis

October 16, 2024 | News

Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Stuart C. McWhorter, and Reconext officials announced today that the company will invest more than $9 million to expand its operations and establish its first location in Tennessee....