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Economic Gardening Looks to Recruit 16 Companies



The Economic Development Growth Engine (EDGE) and the Mayor’s Innovation Delivery Team is looking to recruit 16 companies to participate in its Economic Gardening (EG) program - a strategy that provides market research and high-level technical assistance to small, growth-oriented companies. This equips small business owners to make better strategic decisions, avoid costly mistakes and successfully grow their enterprises.
 
To qualify, companies must be located in Shelby County, have between seven and 100 employees and earn between $700,000 and $50 million in sales. The program requires a CEO participant time commitment of roughly 8 to 12 hours over a 4 to 6 week period. The total program time includes 36 hours of working with a team of strategic advisors in areas of market research, sales lead development and online media. The program is facilitated via conference calls, emails and confidential cloud-based software, and no traveling is required.
 
Economic Gardening has 22 graduates and has already created 7.5 jobs and $110,000 in investment. Member Enoble Business Capital, formerly National Bankers Trust, entered the program hoping to grow from 65 to 150 employees, branching out from its heavy focus on transportation-related business. The Economic Gardening program used detailed Geographic Information System and business data to provide Enoble Business Capital with a list of Mid-South companies that would fit the lender’s client profile.
 
Jeff Rose, chief financial officer and chief operating officer for Enoble Business Capital told the Memphis Daily News, “In addition to other valuable consulting services, they gave us a list of all the companies that met our niche of regional B2B entrepreneurs and pulled all the relevant information on those companies. It was on par with what we would get from a professional consulting company.”
 
Each business selected will have access to a team of experts, an extensive database from the Edward Lowe Foundation and resources valued between $20,000 and $50,000, typically available only to companies of Fortune 500 size.
 
To apply for this invaluable opportunity, follow this link:  https://memphis.nationalcentereg.org/
 
For more information, please visit the EDGE website here.
Posted: 9/16/2014 7:30:00 AM | with 0 comments
Filed under: business, database, economic, edge, gardening, midt, resources, small



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THE M BLOG
The latest news from the Greater Memphis Chamber. For more information, contact Director of Communications Christina Meek at (901) 543-3504 (cmeek@memphischamber.com) or Communications Specialist Jenny C. Fish at (901) 543-3558 (jfish@memphischamber.com).

 

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