Category: OPPORTUNITIES

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MDN: Memphis to Start Employee Student Loan Repayment Plan July 1

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MDN: Memphis to Start Employee Student Loan Repayment Plan July 1 A Tennessee city is starting a new program that will help employees repay their student loans. The city of Memphis said Thursday that beginning July 1, eligible city workers will receive monthly contributions of $50 for repayment of their student loan principal. Those who qualify must be active, full-time employees for at least 12 months. Alex Smith, the city’s chief human resources officer, says the program is being viewed “as an important investment in our employees.” The program is being administered by Tuition.io, a platform for employee student loan … Continue reading MDN: Memphis to Start Employee Student Loan Repayment Plan July 1

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Time: The 25 Cities Where Millennials Are Moving

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Time: The 25 Cities Where Millennials Are Moving Millennials are moving to America’s cities — and not just the biggest ones. While places like New York City and Los Angeles remain millennial magnets, research from the Urban Land Institute shows that smaller cities, from Virginia Beach, Va., to Riverside, Calif., are actually seeing the most relative growth in their population of 25-to-34-year-olds. … Of the 50 metro areas analyzed, most urban centers saw an increase in millennials from 2010 to 2015, while 11 cities saw a decline. New York City had the greatest increase in the total number of millennials, … Continue reading Time: The 25 Cities Where Millennials Are Moving

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MDN: 10 Nonprofits to Receive GiVE 365 Grants

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MDN: 10 Nonprofits to Receive GiVE 365 Grants GiVE 365, The Community Foundation of Greater Memphis’ dollar-a-day philanthropy program, has announced grants totaling $60,000 to 10 nonprofit organizations. This year’s grant cycle is themed “Foundations for the Future: programs that help youth meet their potential.” “It’s all too easy to write off youthful offenders as problems to be mitigated for the rest of their lives,” said Bridges communications director Kat Netzler, after Bridges received a $5,000 grant. “But GiVE 365’s support of Incarcerated Youth Speaking Out For Change not only shows belief in these young people, but also in their … Continue reading MDN: 10 Nonprofits to Receive GiVE 365 Grants

By Outside Companies, COMPANIES, Expansions, In Memphis Region, NEIGHBORHOODS, OPPORTUNITIES, x ArkansasLeave a comment

CA: Cavernous yarn mill to open in old Sanyo TV plant

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CA: Cavernous yarn mill to open in old Sanyo TV plant A yarn mill big enough to consume the Arkansas Delta’s entire cotton harvest will open in Forrest City and export yarn worldwide through Memphis and Western ports. Chinese textile producer Shandong Ruyi Technology Group plans to spend $410 million converting a former television factory into an 800-employee spinning yarn mill scaled to use 200,000 tons of cotton each year, Arkansas officials say. Shandong Ruyi’s high-tech mill will ramp up in stages beginning with about 400 employees earning average wages of $15.25 per hour. Investing in a yarn mill represents a … Continue reading CA: Cavernous yarn mill to open in old Sanyo TV plant

CREATIVES, EDUCATION/RESEARCH, OPPORTUNITIES, Technology, TechnologyLeave a comment

MBJ: Local nonprofit wants to place low-income youth in IT jobs

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MBJ: Local nonprofit wants to place low-income youth in IT jobs Mark Sturgis, executive director of Seeding Success, is hoping to help cure a supply and demand imbalance in the Bluff City. “Memphis has a huge demand for entry level IT professionals and, on the opposite side, we have a huge pool of high school students who are at risk of dropping out of school for one reason or another,” Sturgis said. Sturgis, whose nonprofit works with schools, businesses and other organizations on cradle-to-career success, recently applied for a $50,000 grant to bring a workforce development program focused on IT … Continue reading MBJ: Local nonprofit wants to place low-income youth in IT jobs

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MBJ: Best places to find a job: Miami, Austin and … Memphis?

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MBJ: Best places to find a job: Miami, Austin and … Memphis? If you’re looking for a job, Memphis is a good place to be. A newly published list of the best cities for job-seekers ranked Memphis as No. 10 in the nation, just behind high-growth cities Miami, Austin and Houston. Of the top 16 metro areas highlighted by jobs site Indeed, all of them are in the South and the West, and only one other city in the top 10 is outside Florida, Texas and California. Indeed, which claims to be the world’s most popular jobs website, calculated scores … Continue reading MBJ: Best places to find a job: Miami, Austin and … Memphis?

By Outside Companies, COMPANIES, CREATIVES, Expansions, Food, Health, In Memphis, Innovation, Lists, OPPORTUNITIES, Quality of Life, Redevelopment, Startups, TechnologyLeave a comment

MBJ: Local group breaks ground on world’s largest gas fermentation plant

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MBJ: Local group breaks ground on world’s largest gas fermentation plant What does the future of livestock feed look like? A new, 37-acre production facility planned for Presidents Island. Cargill and Calysta Inc. unveiled renderings of the project Wednesday, in conjunction with a groundbreaking event for the new plant. Along with the renderings, the companies also revealed a new name for their joint venture — NouriTech. … Twenty fermenters, each similar in size to a football field end zone. Two fermenters are expected to be installed in the first phase of construction and up to an additional 18 will be … Continue reading MBJ: Local group breaks ground on world’s largest gas fermentation plant

By Memphis Companies, By Outside Companies, COMPANIES, CREATIVES, Expansions, In Memphis, Innovation, Lists, OPPORTUNITIES, Quality of Life, Redevelopment, Startups, TechnologyLeave a comment

MDN: Cargill, Calysta Break Ground on Presidents Island Facility

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MDN: Cargill, Calysta Break Ground on Presidents Island Facility NouriTech, a joint venture between Cargill and Calysta, broke ground on its new 37-acre Presidents Island gas fermentation facility, which will be the world’s largest upon completion. At the facility, NouriTech will produce FeedKind, a sustainable commercial source of protein to be used for fish, livestock and pets. “Fermentation technology has been used for years, but what’s going to happen here is truly groundbreaking technology,” Calysta president and CEO Alan Shaw said. “And that is a huge achievement for Memphis.” Once the plant is up and running, NouriTech expects to initially … Continue reading MDN: Cargill, Calysta Break Ground on Presidents Island Facility

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CA: NouriTech aims to curb world hunger, create Memphis jobs

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CA: NouriTech aims to curb world hunger, create Memphis jobs Investors broke ground in Memphis on Wednesday on a $660 million animal food ingredient plant they say will create up to 160 jobs and possibly help feed the world. The NouriTech plant will repurpose a 37-acre swath of Presidents Island, formerly part of Cargill’s corn sweetener operation that closed in 2015. On the site will rise what’s billed as the world’s largest gas fermentation plant, built to convert methane into a feed ingredient for fish, livestock and pets through a process similar to brewing. Announced last fall by agribusiness giant Cargill and California company Calysta, the plant … Continue reading CA: NouriTech aims to curb world hunger, create Memphis jobs

Bio/Science, Companies/Startups, Education, EDUCATION/RESEARCH, Funding, Non-profits, OPPORTUNITIES, Quality of LifeLeave a comment

ICYMI: Next City: Memphis Looks to Medical Manufacturing to Cut Poverty

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Next City: Memphis Looks to Medical Manufacturing to Cut Poverty Poverty rates have dropped in Memphis, Tennessee, since the start of the decade, but it’s still one of the poorest large urban areas in the U.S. With 18.4 percent of its 1.3 million residents taking home annual incomes below the federal poverty threshold, it’s second only to Tucson, Arizona, when it comes to lacking opportunity for a living wage. One local industry could help: medical device manufacturing. And the city was just awarded nearly $6 million from the U.S. Department of Labor to help fortify the system of community colleges, … Continue reading ICYMI: Next City: Memphis Looks to Medical Manufacturing to Cut Poverty