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Economic Development

The Greater Memphis Chamber Economic Development team provides a wide range of relocation and expansion services to companies interested in Shelby County, Tennessee. From data gathering to incentive applications, the Greater Memphis Chamber Economic Development team has the project management experience and the tools to help your business make the right choice - Memphis!

Your Chamber At Work

From 2007-2011, the Greater Memphis Chamber facilitated projects that brought 16,355 new jobs to Memphis and $3.78 Billion in New Capital Investment. Most of these projects were facilitated underneath the Memphis Economic Development Plan (MemphisED), the economic development component of a broader economic growth initiative for Memphis and Shelby County called Memphis Fast Forward.

MemphisED was comprised of 16 different agencies and led by the Greater Memphis Chamber. The plan was designed to ensure that both Memphis and Shelby County had a strong and diverse economy, fostered innovation and entrepreneurship, and advanced the region’s global leadership in the bioscience, music and film, and logistics industries.

Over the last five years, through the hard work of the Greater Memphis Chamber's Economic Development team, the Chamber – alone – generated 90% of the new capital investment. In January of 2012, City of Memphis Mayor A C Wharton, Jr., Shelby County Mayor Mark H. Luttrell, Jr., and Greater Memphis Chamber President and CEO John Moore announced the celebration of a $1 Billion investment year for Memphis and Shelby County by private businesses.

Scorecard

The Chamber was proud to be a member of the MemphisED Partnership, tasked with attracting new companies, retaining and growing existing firms, and building our logistics and Aerotropolis assets in Memphis/Shelby County.

As part of the intitiative, the Chamber's Economic Development Team spearheaded several of the core strategies of the plan, including:

• Strategy 5: Recruit New Business
• Strategy 6: Strengthen the Memphis and Shelby County tax/incentive structure
• Strategy 7: Continue growth of the logistics industry and the development of the Aerotropolis
• Strategy 12: Retain and expand existing businesses and facilitate supplier diversity