Since its inception in 2014, the program has been instrumental in fostering growth, creating jobs, and revamping inner-city neighborhoods. As we celebrate 10 years of ICED Loans, we reflect on its influence and the stories of success it has cultivated.
The EDGE Board met on July 17 and approved one new PILOT (Payment In Lieu of Taxes) and three PILOT amendments, as well as one forgivable Inner City Economic Development (ICED) Loan built to spark revitalization in distressed neighborhoods.
In July 2024, U.S. Small Business Administration (SBA) Deputy Administrator Dilawar Syed came to Memphis to explore our vibrant small business ecosystem and raise awareness about federal resources available to local entrepreneurs.