Created and Retained
39,445
Jobs
Economic Impact
Since 2011
Received More Than
$6.3 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
21
Oct
Wednesday, October 21, 2020: EDGE Board Meetings
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Wednesday, October 21, 2020: EDGE Board Meeting - This will be a virtual meeting.
18
Nov
Wednesday, November 18, 2020: EDGE Board Meetings
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Wednesday, November 18, 2020: EDGE Board Meetings at Memphis Area Association of Realtors, 6393 Poplar Avenue, Memphis, TN 38119
16
Dec
Wednesday, December 16, 2020: EDGE Board Meetings
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Wednesday, December 16, 2020: EDGE Board Meetings at Memphis Area Association of Realtors, 6393 Poplar Avenue, Memphis, TN 38119
Featured Projects
Pandrol USA
Pandrol USA will move its North American Headquarters to Memphis, creating 73 jobs and investing more than $9 million. EDGE assisted the company through a 15-year Community Builder PILOT.
Hyosung Heavy Industries Corporation
Hyosung Heavy Industries purchase of the Mitsubishi Electric Power Products plant would save a number of jobs for workers there. To help make this project reality, EDGE approved an 11-year Jobs PILOT.
Trap Fusion
In 2019, Whitehaven resident, Jason Gardner opened Trap Fusion, a restaurant serving healthy southern cuisine. EDGE awarded Gardner a $14,500 zero-interest loan to help fund the needed renovations for the space.
Vann Cut
Vann Cut opened in 2019, in a small shopping center near Watkins and I-40. The space needed more than $50,000 in renovations. EDGE awarded the business a $20,000 ICED Loan to help complete those renovations.
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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