Created and Retained
38,000
Jobs
Economic Impact
Since 2011
Received More Than
$6 Billion
In Capital Investment
Generated
$1.4 Billion
In Tax Revenue
Recent Projects
EDGE’s mission is to provide and coordinate public resources to drive economic development in Memphis and Shelby County. EDGE does this through ongoing economic activities and projects that provide real value to the community and provide a strong foundation for future economic growth.
Project Locations
Business Assistance Programs
PILOT
A PILOT is a temporary, partial, abatement of future real and/or personal property taxes than an applicant would have otherwise paid on a new investment
TIF
TIF districts are special taxing areas designed to charge redevelopment of a specific land area.
Iced Loans
The Inner City Economic Development (ICED) program is intended to spark the revitalization of Memphis inner-city neighborhood business districts through small forgivable loans to assist in facade and building improvements.
Bonds
In memphis and Shelby County, small-issue industrial revenue bonds (IRB) also known as industrial development bonds (IDB), can be used for manufacturing purposes.
FTZ
Foreign Trade Zones are designed sites licensed by the Foreign Trade Zones (FTZ) Board where special Customs procedures may be utilized.
Partnerships
The Memphis Economy is a partnership between the Economic Development Growth Engine for Memphis and Shelby County,EDGE, and the Sparks Bureau of Business and Economic Research at the University of Memphis. This partnership focuses on providing economic data, news, and analysis for the Memphis and Shelby County Region.
News
Events
15
Jul
Wednesday, July 15, 2020: EDGE Board Meetings
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Wednesday, July 15, 2020: EDGE Board Meetings at Memphis Area Association of Realtors, 6393 Poplar Avenue, Memphis, TN 38119
19
Aug
Wednesday, August 19, 2020: EDGE Board Meetings
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Wednesday, August 19, 2020: EDGE Board Meetings at Memphis Area Association of Realtors, 6393 Poplar Avenue, Memphis, TN 38119
16
Sep
Wednesday, September 16, 2020: EDGE Board Meetings
Read More »
Wednesday, September 16, 2020: EDGE Board Meetings at Memphis Area Association of Realtors, 6393 Poplar Avenue, Memphis, TN 38119
Featured Projects
Hollywood Feed, LLC
In March of 2016, EDGE approved a 10-year Jobs PILOT to encourage Hollywood Feed to add 108 new jobs, retain 42 existing jobs and invest more than $10 million in a distribution facility in North Memphis.
Binghampton Gateway Center
Binghampton Development Corporation (BDC) was awarded a 15-year Community Builder PILOT to enable the organization to construct a 48,565 SF grocery-anchored commercial center.
Champions Pharmacy and Herb Store
Champion’s Pharmacy & Herb Store, a family-owned business in South Memphis, was approved for a $20,000 Inner City Economic Development (ICED) Loan.
Penn A Kem LLC
North Memphis chemical manufacturing company, Penn A Kem is planning to add 28 new jobs and invest $38,545,000 at its 3324 Chelsea Avenue location with help from EDGE.
Site Map
1115 Riverside Blvd.
Memphis TN 38106-2504
(901) 948-4422
100 Peabody Place | Suite 1100
Memphis, TN 38103
(901) 614-1099
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