Memphis, Tenn. (January 6, 2021) – As restaurants and grocers face additional struggles amid new restrictions related to the COVID-19 pandemic, EDGE today amended its NEED Grant program to provide fast and much-needed assistance to these businesses. Restaurants and...
In any normal year, spring and summer bring countless weddings and events leading to big business for retail shops like Gloria’s Bridal & Formal. But 2020 was not a normal year. “Sales and revenue have been cut in half since COVID-19,” said Gloria’s Bridal &...
Early last year, 22-year-old Sedric Hamer knew he needed to make a change. “I was just jumping from warehouse to warehouse,” said Hamer. “I knew I wanted to make a change and take a leap of faith.” Hamer signed up for machining classes at Southwest Tennessee Community...
EDGE Sees Third Busiest Year on Record; More Growth for Memphis’ Medical Device Industry; Nearly $800,000 in NEED Grants Has Gone to Supporting Inner City Businesses Read the Newsletter
Memphis, Tenn. (December 16, 2020) – A California-based company is looking to expand its reach and production capability, possibly in Memphis. The move would be yet another step in continuing to grow and diversify the medical device industry in Memphis. The proposed...
Technicolor, a worldwide technology leader in the media and entertainment sector, is looking to invest more money in its Memphis operation and move four of its senior executives to this city. The EDGE Board has amended the company’s original PILOT agreement to...
The COVID-19 pandemic has been devastating for many companies across this country, including many of the EDGE and IDB PILOT recipients. The EDGE Board has approved PILOT policy updates that would allow PILOT recipients to count work-from-home employees in on-site...
The EDGE Board has approved a partnership with the Tennessee Small Business Development Center at Southwest Tennessee Community College (TSBDC) to provide assistance to applicants completing the ICED Loan application and to work with the applicants to identify...
In its December meeting, the EDGE Economic Development Finance Committee awarded three NEED Grants to local salons struggling with the effects of the COVID-19 pandemic. Since the COVID-19 pandemic began, salons across the city have been hit hard. Nearly 30 percent of...
Memphis, Tenn. (December 2, 2020) – A lifelong dream and a passion for cars are helping to expand one Whitehaven auto shop. Muhsen Najdawi has more than 20 years of experience as a mechanic. Originally from Jordan, Najdawi spent much of his professional life working...
As 2024 draws to a close, EDGE is proud to reflect on an incredible year of achievements, milestones, and meaningful collaborations that have strengthened Memphis and Shelby County.
