Partners for Exponential
Economic Growth
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MEMX is an economic development cooperative strategically aligning partners within the Memphis region to implement an innovation driven economic model that creates sustained capital structures and new policy to grow jobs and talent at all stages of firm development. This work will join and provide capacity to economic development practitioners accelerating regional performance for a higher level of global competitiveness.
Partner Projects
MEMx is lending dollars and strategic support towards $41M of partner projects in development; $450,000 invested to date.
Entrepreneurship City
The MEMx Policy Committee formulated the Entrepreneurship City Policy Document igniting an entrepreneurship led economic development agenda, and $650,000 has been raised to begin demonstrating the work.
America's Competitiveness
Exchange
The City of Memphis is the host of the next America’s Competitiveness Exchange bringing an economic delegation of 32 countries to the region for business and partner expansion opportunities.
Key Strategies
The implementation of inovation driven policies
The creation of new capital structures
The alignment & transparency across partners
Piloting new strategies & approaches
Greater advocacy and knowledge diffusion
Goals
Aid the RECRUITMENT of $100M in investment to the Memphis region
SCALE partner services to reach more firms, talent, and support organizations
Help IMPROVE PERFORMANCE of practioner service delivery to economic clients
Support regional BRAND efforts
Regional Innovation
With new leadership across our economic and community agencies as well as new mayoral administrations and elected officials, there seems to be a thirst for collaborating in more meaningful ways that diversify economic and community development strategies for greater regional success. Memphis has and is still facing complex challenges yet recent initiatives and collaborative efforts are painting a new picture for the city’s future opportunities. These efforts aim to create sustainable economic development that benefits the entire community and fosters a new era of prosperity
MEMx has released a charter document that sets its mission on creating a more innovative region.