EDGE/IDB PILOT recipients spent $240 million with minority/women/small local firms from 2012-2016, exceeding their commitments by more than $10 million. A new report covers the activity of 62 firms with active PILOTs approved by either the Industrial Development Board...
Data shows that the local economy continues to recover, after the devastating 2006-2010 Recession when 1 out of every 11 private-sector jobs in Shelby County was lost. TheMemphisEconomy.com, a collaboration between EDGE and the Sparks Bureau of Business & Economic...
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...
The session underscored the importance of collaboration between government, business leaders, and community organizations in promoting economic growth.
