Greater Memphis Chamber

New report shows Tennessee Valley Authority impact on Shelby County

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  • TVA helped add nearly 22,000 jobs with $1.8 billion in income from 2015-2020, according to a study from the Center for Economic Competitiveness, an initiative of the Greater Memphis Chamber.
  • TVA-involved economic development projects boosted the economy by $2.4 billion and paved the way for another $4.1 billion in new sales in those five years.
  • Economic data shows value of energy service to scoring new jobs, investment to the region.

MEMPHIS, Tenn. (Tuesday, 5/3/22) – The Tennessee Valley Authority (TVA), the nation’s largest publicly owned utility company, added tens of thousands of jobs and billions of dollars to Shelby County’s economy through its economic development work in 2015-2020, according to a study released today by the Greater Memphis Chamber’s Center for Economic Competitiveness (CFEC).

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Chamber secures new health coverage option for small businesses

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MEMPHIS, Tenn. (Wednesday, April 6, 2022) – The Greater Memphis Chamber and UnitedHealthcare today announced the launch of new health care coverage designed to help small businesses offset the rising costs of health care while also offering quality benefits in a highly competitive job market.

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MSQPC announces new training opportunities for small businesses

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MEMPHIS, Tenn. (Monday, 3/14/22) – The Mid-South Quality Productivity Center (MSQPC), a champion of excellence since 1988, is excited to announce three new training opportunities to help the small businesses of the Greater Memphis Chamber improve the quality and productivity of their workforces.

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Memphis Sees Sharp Growth in Supply Chain/Logistics Jobs, per new CFEC report

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MEMPHIS, Tenn. (Wednesday, 2/23/22) – Cementing Greater Memphis’ reputation as the nation’s “logistics capital,” the region’s supply chain and logistics industry far outpaced the national average for job creation and sharply increased its contributions to the economy in 2015-2020, according to a new report from the Greater Memphis Chamber’s Center for Economic Competitiveness (CFEC).

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Chamber Announces Young Professionals Council 2022 Board

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2022ypc

The Greater Memphis Chamber is proud to announce its Young Professionals Council (YPC) 2021 executive board. The board is composed of 12 emerging leaders from various industries who are driven to engage young professionals in the Greater Memphis region with opportunities to connect and learn from local leaders as well as build relationships with likeminded individuals who are ambitious about moving Memphis forward.

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Chamber launches Small Business Resiliency Playbook, website

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MEMPHIS, Tennessee (Wednesday, Nov. 23, 2021) – Ahead of Small Business Saturday, the Greater Memphis Chamber today launches its new Small Business Resiliency Playbook and website, two resources designed to help local businesses recover from the devastating effects of COVID-19.

Containing the insights of roughly 50 local business experts and leaders, the free downloadable playbook and its corresponding website, smallbusinessresiliency.com, were designed to be a survival guide for small businesses navigating major financial crises. The resources are organized around the acronym PROSPER, which stands for Perspective, Refocus, Operations, Systems, People, Engagement, and Resiliency. Each section contains guidance based on the latest statistics and trends, as well as input from successful business owners, related resources, and other helpful tools.
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Tennessee General Assembly closes special session on COVID-19 issues

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Nov. 1, 2021 — The Tennessee General Assembly on Oct. 27 gaveled in its special session to discuss COVID-19 related topics. The session started with 82 House bills and 86 Senate bills, but House and Senate leadership pieced together the different bills to make an omnibus bill — HB9077/SB9014.

After an intense three days, the House and Senate adjourned at approximately 1:38 a.m. Saturday morning having passed wide-ranging COVID-related legislation.

Although publicly opposed by the Greater Memphis Chamber, the Tennessee Chamber, NFIB, and almost 30 other business trade associations, HB9077/SB9014 is headed to Gov. Bill Lee for his consideration. Gov. Lee recently noted he is “evaluating each piece of legislation to ensure we push back on harmful federal policies and do right by Tennesseans.”

A number of trade associations and businesses have openly expressed frustration with how rushed and lacking in transparency the amendment review process was ahead of committee votes. Additionally, House and Senate committees did not allow testimony from either supporters or opponents.

SUMMARY OF HB9077/SB9014

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Prospero more than doubles job commitment in major Memphis expansion

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Memphis, Tenn. (Tuesday, Oct. 26, 2021) – Prospero Health, a physician-led home-based medical care company, announced today from its new downtown Memphis location that it will create 530 jobs in Shelby County over the next five years, an expansion of its 2019 commitment of adding 249 jobs over five years. Michael Scarbrough, Prospero’s co-Founder, President, and Chief Operating Officer, made the announcement in conjunction with the Downtown Memphis Commission, the Greater Memphis Chamber, the City of Memphis, Shelby County and the State of Tennessee. 

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