The Service Corps of Retired Executives (SCORE) Chapter 68, is a locallychartered volunteer association and resource partner of the Small Business Administration. SCORE Memphis offers free and confidential counseling to start up businesses and existing small businesses that seek advice. SCORE Memphis serves the Tennessee counties of Shelby, Tipton, Fayette and adjoining counties in Arkansas and Mississippi.
Anyone can turn to LaunchMemphis for support during all phases of startup and in fact many existing businesses turn to LaunchMemphis for programming to keep up-to-speed on innovation and technology trends. If you have a raw idea for a new startup, LaunchMemphis is where you turn before incubators and before investors. More formally, LaunchMemphis (501c3) supports the earliest stages of entrepreneurship in Memphis with dynamic programs that are designed to help potential entrepreneurs to take the first actionable steps of starting a new business. Additionally, LaunchMemphis supplies co-working to lower the economic barrier of entry to incubation along with ad hoc mentoring. For startups and businesses, LaunchMemphis provides Memphis’ only dynamic innovation economy programming to keep up-to-speed on the latest trends.
A movement is growing across the United States as we recognize that economic growth and job creation are driven by entrepreneurship. A study by The Kauffman Foundation found that the majority of net new jobs are generated by companies under five years old. It further shows that young companies – startups – are responsible for all net new wealth.
Yet despite the current momentum around entrepreneurship there remains an elephant in the room. Although women comprise over 50% of the U.S. population and now the majority of students working toward bachelor’s and graduate degrees, they represent only 35% of those launching their own ventures. And according to research by AMEX Open, only 1.8% of women-led firms qualify as “high growth” and earn over $1 million in revenue.
This is why LaunchYourCity is embarking upon our latest initiative: Upstart Memphis. As part of our efforts to develop a flourishing entrepreneurial ecosystem, Upstart focuses on recognizing and fueling women’s innovation and entrepreneurship.
A list of leading organizations in Memphis and across the country, that help people launch their ideas into successful enterprises.