COVID-19 Business Resources

EDGE is committed to helping those seeking answers, as well as to protecting health in the community. We’ve begun to compile a list of programs and resources to help businesses navigate this evolving landscape.

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Transforming the Shelby County Economy

EDGE is the official economic development agency for the City of Memphis and Shelby County Government. Its vision is for all people in Memphis and Shelby County to have opportunities for economic prosperity.

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Providing cutting-edge incentives for your business

EDGE offers a range of opportunities for businesses looking to expand or relocate in Memphis and Shelby County.

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    Bolstering the community through economic growth

    EDGE coordinates ongoing economic activities and projects that provide real value to the community and provide a strong foundation for future economic growth.

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    Economic Impact

    Commitments Since 2011

    Created and Retained

    37,000

    Jobs

    Received more than

    $5.8 billion

    in capital investment

    Generated

    $1.4 billion

    worth of tax revenue
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    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

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    TIF

    TIF districts are special taxing areas designed to charge redevelopment of a specific land area.

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    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.

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    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.

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    FTZ

    Foreign Trade Zones are designed sites licensed by the Foreign Trade Zones (FTZ) Board where special Customs procedures may be utilized.

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    Partnerships

    Economic Development Growth Engine

    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.

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