Manchester Means Business: Celebrating Economic Development Week

The Greater Manchester Economic Development Board is excited to celebrate Economic Development Week (EDW) from May 6th - May 10th. EDW, established by the International Economic Development Council, highlights the importance of economic development in our region and across the globe.

Economic development is crucial to Manchester’s growth and prosperity. It encompasses various initiatives, from attracting new businesses to supporting existing ones, creating new job opportunities, and enhancing our community's overall quality of life.

"We believe that economic development is key to building a vibrant and sustainable community," says Katy Riddle, Executive Director Greater Manchester Economic Development Board. "Through our efforts, we aim to foster a supportive environment for businesses to thrive and contribute to our region's economic growth."

Understanding the Role of the Greater Manchester Economic Development Board

Economic development is crucial in enhancing Manchester’s financial well-being, wealth, and overall quality of life. At its core, economic development involves various activities to attract, create, and retain jobs to foster a resilient and growing economy. This collaborative effort requires close coordination between businesses, government entities, and various community stakeholders to achieve sustainable success.

Greater Manchester Economic Development Board supports businesses in Manchester, Tennessee. Our services include:

• Business Retention & Expansion (BRE): Support existing businesses to thrive and expand, creating jobs through infrastructure improvements and resource access.
• Marketing & Attraction: Develop and execute campaigns to attract businesses and talent, showcasing community strengths to internal and external audiences.
• Entrepreneurship and Small Business Development: Support small businesses and entrepreneurs with access to capital, space, and technical assistance.
• Real Estate Development: Five interstate exits and four interstates/highways converge in Manchester. That means high traffic counts for retail and restaurants and easy access to markets and employees for manufacturing and distribution companies. Our 300-acre shovel-ready site offers easy access and low-cost energy.
• Incentives and Grants: Help businesses access financial services and incentive programs for growth and expansion.
• Workforce Development: Collaborate with agencies to ensure a skilled talent pool, understanding and addressing company workforce needs.

Driving Economic Development: How Greater Manchester Economic Development Board Supports Business Success

Manchester offers the greatest opportunity for business growth within the Nashville region and the Tullahoma/Manchester micropolitan area. Elected officials are pro-business and willing to help move projects forward. State incentives are available for target industries, and there are low taxes and light regulations. Plus, we have a certified magasite with 300 acres of developable land. Utilities are in place, and the site can support large water users. Environmental studies are complete so that businesses can build quickly.

Greater Manchester Economic Development Board: Your Partner in Business Growth and Development

During EDW, we celebrate the hard work and dedication of our economic developers and local leaders, who are committed to driving economic growth and improving our community's quality of life. We invite you to join us in recognizing their efforts and learning more about economic development's impact on our region.

To learn more about how the Greater Manchester Economic Development Board can support your business or to get involved in our economic development initiatives, visit https://www.moremanchester.com/ or contact us here.