Have you ever wondered how new businesses get started? Progress often starts with the power of partnership, and EDGE’s Entrepreneurship City initiative is unlocking new opportunities.
Memphis is a city full of innovators, changemakers, and big business opportunities. The city’s central location and grit-and-grind work ethic make it a prime location for key industries — advanced manufacturing, supply chain and logistics, corporate and tech, food and beverages, life sciences to name a few — to thrive and if you’ve ever wondered how some both big and small businesses choose to make Memphis home, enter: The Economic Development Growth Engine for Memphis & Shelby County — better known as EDGE.
“We help them create jobs. We help them invest in capital and improve the areas of our community where our citizens need it the most. And that is in industry, neighborhoods, and in their workforce area.”
EDGE brings together public and private entities to create new opportunities for economic advancement and prosperity, and Memphis benefits. On the surface, you’ll see an alphabet soup of offerings — PILOTs, TIFs, IRBs, FTZs — oh my! EDGE helps business leaders navigate the options and ensures that businesses are connected to the right opportunities to help them flourish and to help the greater Memphis area thrive.
EDGE helps:
- Attract investments
- Create and retain jobs
- Grow employee wages
- Revitalize neighborhoods
- Assist small businesses
- and more!
Since 2011, EDGE has created and Retained 41,200+ Memphis/Shelby County Jobs and generated $1.9B in Tax Revenue, and with new and stronger supports on the horizon, Memphis has a lot to look forward to for businesses of all sizes!
Want to know more? Listen to this Meanwhile in Memphis episode (20 minutes) to hear how Memphis is building strong economic opportunities by supporting industry, neighborhoods, and the workplace with Mayor Paul Young (City of Memphis) and Dr. Joanne Massey (EDGE). Learn more about EDGE here.
Hear from real leaders making a real impact in Memphis each week on the Meanwhile in Memphis podcast, airing on Tuesdays at 8am on WYXR 91.7 FM and streaming wherever you prefer to listen podcasts.
New Memphis is a nonprofit focused on attracting, developing, retaining, and activating talent in the City of Memphis. From college students to the c-suite, we focus on building leadership capacity and activating those leadership skills to continue driving Memphis forward. If you are new to the city, we also welcome newcomers by connecting them to local opportunities to get involved and get connected with others.
