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Black Chamber outlines Memphis 10 initiative and asks council for data-driven follow-up
Summary
Leaders of the Black Chamber of Memphis presented the Memphis 10 initiative—focused on business growth, membership, data/advocacy and access to capital—and council members requested a detailed district-level report with metrics on business counts, openings/closings and grant distribution.
Mark Yates, chairman and interim CEO of the Black Chamber of Memphis, and Alan Gumbel, the chamber’s chief operating officer, presented an overview of the business landscape and the Chamber’s Memphis 10 program during an April 28 committee session. They said Memphis has a strong base of entrepreneurs but that business survival, access to capital and a persistent digital divide are the main…
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