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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!

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Your Chamber At Work

From 2007-2012, the Greater Memphis Chamber helped to facilitate projects that brought 17,101 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.

During those 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.

(Jan 2008 - March 2012)
New Jobs 17,101 15,326
Average Annual Wage $40,577 $40,577
New Annual Payroll $621,882,298 $621,882,298
Capital Expenditures $4,502,522,183 $4,231,482,183
New Minority Business Receipts $642,457.748 $576,074,248

Since the end of the MemphisED initiative, the Chamber's economic development team has continued to help bolster the Memphis economy with new projects. Recently, they helped to facilitate the opening of a call center and back office support facility for Conduit Global in the Goodlett Farms area. The new facility represents an investment of $8 million and the creation of 1,000 jobs in the Greater Memphis area. Read more about completed projects and new employment and vendor opportunities on our Job Hunting page.


Business Recruitment & Expansion Results 2013 YTD
New  / Retained Jobs 5,033
Investment $289,419,225
Site Visits 79
RFI Submissions 73
Projects - Facilitated / Landed 100 / 25

*Updated January 2014