Best Small Business Resources in the Memphis Area

Small map with pin depicting Memphis, TN

Starting a business is a life-changing experience. Tennessee has dozens of great resources to help entrepreneurs get started. Our team researched and vetted organizations in the Memphis area and compiled our list of recommended resources in this article.

You can also read our guide to starting a business in Tennessee.

Resources Available in your Area

Southwest Tennessee Community College SBDC

Here are the Principle Service Areas:

Offers Free Service

Description

The greatest strength of the SBDC is their free, confidential, 1-on-1 business mentoring for anyone who seeks it. Sometimes in order to be considered for mentoring from one of their professional business advisors, you may have to attend a class/workshop or at least present your business plan. SBDC's are located all throughout the state and you should use the SBDC closest to your location if possible, but you can often transfer to a different location if they do not fit your needs.

Works with Companies in These Stages:

An icon with a lighbulb that has a check mark in the middle

Idea

An icon depicting a pie chart

Planning

An icon depicting a person holding a briefcase

Startup

An icon depicting a person walking up a bar graph like a staircase

Growth


CO.STARTERS Memphis

Here are the Principle Service Areas:

Description

CO.STARTERS is a paid 9-week program that runs at set times throughout the year. It is designed to take an entrepreneur from the idea stage, all the way through the planning and into the formation stages of starting their business. Special to the Memphis branch is the fact that it has 3 different programs in the city: CO.STARTERS in Germantown, a program specifically for food and drink based businesses; CO.STARTERS in the Kaleidoscope Kitchen, and CO.STARTERS @ MCUTS; where first priority goes to MCUTS students. Contact for these programs is done through the Epicenter, which is an overseeing organization for the region's many local resources. 

Restrictions

The CO.STARTERS program runs at specific times throughout the year and requires preregistration.

Works with Companies in These Stages:

An icon with a lighbulb that has a check mark in the middle

Idea

An icon depicting a pie chart with a star in the corner

Planning

An icon depicting a person holding a briefcase

Startup

A faded icon depicting a person walking up a bar graph like a staircase

Growth

Visit Website

CONTACT INFORMATION:

902 S. Cooper St.
Memphis, TN 38104
901-500-6368
info@vibrantmemphis.org


Emerge

Here are the Principle Service Areas:

Description

Emerge helps entrepreneurs by providing mentorship, assistance with developing a business plan, and a vibrant and affordable coworking space. It will be best for service- or internet-based businesses and is unique in its downtown location. Entrepreneurs are also able to receive business advice from the competent staff who work at Emerge.

Works with Companies in These Stages:

A faded icon with a lighbulb that has a check mark in the middle

Idea

An icon depicting a pie chart with a star in the corner

Planning

An icon depicting a person holding a briefcase with a star in the corner

Startup

An icon depicting a person walking up a bar graph like a staircase

Growth

Visit Website

CONTACT INFORMATION:

516 Tennessee St.
Memphis, TN 38103
901-312-7700
info@emergememphis.org


Epicenter

Here are the Principle Service Areas:

Description

The Epicenter of Memphis is an organization that hosts its own coworking space in Germantown that entrepreneurs may lease to collaborate with others when starting their small business. It also acts as a network of other small business assistance organizations, including a whole host of accelerators, incubators, and more. It will be most useful for entrepreneurs who would like to be personally connected to the other organizations in the Memphis area.

Restrictions

Individual programs may have specific, distinct restrictions.

Works with Companies in These Stages:

A faded icon with a lighbulb that has a check mark in the middle

Idea

A faded icon depicting a pie chart

Planning

An icon depicting a person holding a briefcase

Startup

An icon depicting a person walking up a bar graph like a staircase

Growth

Visit Website

CONTACT INFORMATION:

902 S. Cooper St.
Memphis, TN 38104
901-500-6368
info@vibrantmemphis.org


Memphis Public Library

Here are the Principle Service Areas:

Description

The Memphis Public library assists entrepreneurs with access to a plethora of databases useful for market and demographic research, classes on a regular schedule, and many online resources. Most useful for entrepreneurs who are rather inexperienced, the Memphis Public Library is a standout among many of the public library systems throughout the country.

Restrictions

Must have a library card to use some of the databases.

Works with Companies in These Stages:

An icon with a lighbulb that has a check mark in the middle

Idea

An icon depicting a pie chart with a star in the corner

Planning

A faded icon depicting a person holding a briefcase

Startup

A faded icon depicting a person walking up a bar graph like a staircase

Growth

Visit Website

CONTACT INFORMATION:

3030 Poplar Ave.
Memphis, TN 38111
901-415-2734

HOURS OF OPERATION:

MON - THU: 9 am - 9 pm

FRI - SAT: 9 am - 6 pm

SUN: 1 pm -  5 pm

 


Memphis SCORE

Here are the Principle Service Areas:

Offers Free Service

Description

SCORE (Service Corp of Retired Executives) is a leading, nation-wide organization that has assisted millions of entrepreneurs over its 50+ years of operation. SCORE is a resource partner of the SBA that offers access to a network of experienced business leaders who donate time to mentor entrepreneurs and small business owners. They also host free or inexpensive workshops online and at 300 local chapters around the United States. Mentoring can be conducted either in person or remotely and is always free and confidential, no matter how often you take advantage of this service.

Works with Companies in These Stages:

An icon with a lighbulb that has a check mark in the middle

Idea

An icon depicting a pie chart

Planning

An icon depicting a person holding a briefcase

Startup

A faded icon depicting a person walking up a bar graph like a staircase

Growth


Start Co.

Here are the Principle Service Areas:

Description

Start Co. helps entrepreneurs in the technology industry through powerful accelerator programs. That means that they provide seed funding, mentorship, comprehensive business planning assistance, sales and marketing help from expert PR/Marketing agents, a ton of perks from the companies who invest and partner with them, and so much more.

Restrictions

Must be a technology-oriented company, and the accelerator programs will have more specific restrictions, such as the type of technology used or the need of at least one female executive.

Works with Companies in These Stages:

An icon with a lighbulb that has a check mark in the middle

Idea

An icon depicting a pie chart with a star in the corner

Planning

An icon depicting a person holding a briefcase with a star in the corner

Startup

An icon depicting a person walking up a bar graph like a staircase with a star in the corner

Growth

Visit Website

CONTACT INFORMATION:

88 Union Ave., 2nd Floor
Memphis, TN 38103
901-213-7795
info@neverstop.co