in the News
Three Memphis companies are among the eight startups participating in the 2019 “Summer of Acceleration” business incubator in Memphis that got underway this month.
In his $1.3 billion proposed operating budget, Shelby County Mayor Lee Harris would like to invest $1.25 million in technology startups that, if successful, could potentially replace some of the thousands of jobs Shelby County could lose to automation.
Memphis Mayor Jim Strickland once again said Memphis’ biggest issue is population loss.
On Tuesday, April 23, Strickland cited violent crime and a lack of educational achievement within the city limits as two of the primary reasons for Memphis' continuing loss of population.
MEMPHIS, TN (WMC) - A new school, a restaurant, or an African-American art gallery – these are just a few of the proposals to re-purpose the Memphis College of Art and Brooks Museum.
Tours were offered in both buildings this week to show the potential each space has for transformation.
From the courtyard outside to the wood shop inside, every part of Rust Hall's 75,000 square feet is being toured.
MEMPHIS, TN (WMC) - Calling all dreamers! The City of Memphis is looking for your ideas to fill a soon to be massive vacancy in Overton Park.
The City of Memphis says don't be afraid to think outside the box on what they should call the Brooks Museum and Memphis College of Arts home. The deadline to pitch your idea is fast approaching.
Good things are happening in Memphis.
ServiceMaster, FedEx, and Indigo Ag have made large investments to grow their businesses Downtown. Transformative construction projects, such as One Beale and Union Row, are beginning to take shape. And, Frommers recently included Memphis on its “Best Places to Go in 2019” list, raising the profile of our tourism industry. Positive momentum certainly seems to be building.
Memphians want to be known for more than Elvis and BBQ. And they aren’t the only ones. Steve Case, co-founder of America Online(AOL) and founder of Revolution and J.D. Vance, author of Hillbilly Elegy and managing partner of Rise of the Rest Seed Fund, made a stop in Memphis last year, hunting for the next best founders and ideas.
Billionaire Steve Case says too much venture capitalist money goes to businesses on the coasts. So he's touring the middle of the country on a bus in search of the next big idea
Tennessee economic development chief Bob Rolfe sees Memphis headed in the right direction, though the state could be doing more to help in key areas of job retention and small business growth.
Hustler. Socialite. Intermediary. What comes to mind when someone says they are in real estate? Try matchmaker. Leasing Angels, a full-service real estate firm, acts as a leasing agent for apartment communities and single-family homes.
The future of entrepreneurship in America will include many more people of color than in the past, as recent data shows. The city of Memphis is making the most of the trend.
Data on startups and venture capital financing in so-called second- and third-tier startup hubs across the midwestern and southern United States is fairly spotty.
Just about a year ago, Richard Smith declared, quite publicly, that a culture of complacency had mired Memphis, stagnating the economy.
A city official confirmed Wednesday that Memphis will not invest a portion of its pension money into a local nonprofit’s investment fund.
Through the Broad Angels Network, founder Lisa Toro is helping female-run businesses thrive in the city
The City of Memphis CFO is not going to present a plan to the city's pension investment committee to invest $10 million from its pension fund in the local startup booster Epicenter Fund after a consultant recommended against it.
Over the past four years, Memphis City Hall has diverted nearly $200 million worth of local tax revenue into the strained municipal pension fund.
A local nonprofit has raised $40 million to help the region's entrepreneurs.
With an initial challenge grant of $10 million from FedEx Corp., Memphis' Epicenter announced Wednesday, Sept. 26, that it had raised an additional $30 million from philanthropic foundations, economic development organizations and individuals.
The moon mission set up to launch a wave of Memphis entrepreneurs has raised $40 million.
Epicenter, the agency spun out of the Greater Memphis Chamber’s 2014 moon missions, announced Wednesday that local organizations and individuals had committed the money.
Epicenter Memphis has raised $40 million to support entrepreneurs here.
Epicenter is the Cooper-Young-based nonprofit that connects entrepreneurs to resources they need to start, launch, and scale a business. Its headquarters on Cooper was formerly the home of Midsouth Literacy and Cowork Memphis. The Epicenter building also has co-working space.
The Indie Memphis Film Festival presented by Duncan Williams, Inc. announces select special events for the 21st edition (November 1st - 5th, 2018).
This post is part of a series on NLC’s Equitable Economic Development (EED) Fellowship.
In 2016 and 2017, as part of the Equitable Economic Development (EED) Fellowship’s inaugural class, I had the pleasure of working with Mayor Strickland and the city of Memphis.
A group of nonprofits and banks have created a program to increase lending to Memphis-area minority- and women-owned businesses.
Joann Massey, director for the City of Memphis Business Diversity & Compliance, Leslie Lynn Smith, president and CEO for Epicenter and Andre Fowlkes, president of Start Co., talk about some of the overarching concerns with host Eric Barnes.
In Memphis, a city where African-American entrepreneurs are at a disadvantage when it comes to wealth compared to white entrepreneurs, it can be a frequent path to capital.