Today, as we celebrate the start of our city’s third century, Memphis continues to change the world. Our companies are redefining the agricultural industry through technology. They are making the hip and knee products that keep the next generation active. And they are researching medical breakthroughs that aim to ensure no child’s life is cut short by cancer. Memphis is the economic engine for the state of Tennessee and the economic hub of a three-state region that includes Tennessee, Arkansas and Mississippi. For 150-miles in every direction, Memphis is the largest metropolitan area. More than 1.3 million people live in the Memphis MSA and nearly 5 million people live in the three-state region known as the Mid-South, of which Memphis is the unofficial capital city.
In addition to being home to the headquarters of some of the world’s best-known brands, including three Fortune 500 companies, our diverse economy also boasts a world-class startup scene that continues to garner national attention for its diversity. We are the top growth market for womenowned businesses and one of the top markets for first round funding for female-led startups. Black Tech calls Memphis the best place for entrepreneurs. Last year St. Jude Children’s Research Hospital replaced Google as the most desired place to work for Gen Z. Site selection magazines have hailed Memphis as the next Austin. The diversity of our startup scene continues to garner national attention.
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