Attract Capital Investment
Through partner agencies, the City of Memphis works to attract new capital investment through both new and existing companies. Capital investment pumps money into the local economy and creates new jobs. The Economic Development Growth Engine (EDGE) and the Downtown Memphis Commission (DMC) are two entities that are working to increase economic development in Memphis. Both EDGE and the DMC have payment-in-lieu-of-taxes (PILOT) programs in addition to a variety of grant, loan, and bond funding opportunities. The map below shows where these incentives were used, the project capital investment/cost of the project, and the number of jobs it is projected to create where applicable. It includes projects from 2010 to present and is updated quarterly. For more information, see EDGE's website here and the DMC's website here.