Celebrating Economic Development Week in McMinn County, Tennessee

McMinn County, nestled in the heart of East Tennessee, is proud to join communities nationwide in celebrating Economic Development Week from May 6th to May 10th. Established by the International Economic Development Authority, this week highlights the importance of economic development in our region and across the globe.

At McMinn Economic Development Authority, we are committed to driving progress and innovation in our region. With a strategic location, a diverse and skilled workforce, and a robust business environment, McMinn EDA is committed to fostering growth and opportunity across multiple industries.

“Economic development is crucial to McMinn’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,” stated Lindsey Ferguson, Executive Director of McMinn Economic Development Authority. “Through our efforts, we aim to foster a supportive environment for businesses to thrive and contribute to our region's economic growth,” she said.

Understanding the Role of McMinn EDA

Economic development is crucial in enhancing McMinn’s financial well-being, wealth, and overall quality of life. 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.

McMinn Economic Development Authority supports businesses in McMinn, 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: Engage in projects like industrial parks and incubators to stimulate economic growth.
• Incentives: 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.

McMinn EDA proudly provides services for companies moving within or relocating to McMinn. These services include identifying client needs, coordinating development efforts, liaising with government agencies to obtain fast-track permitting, and ensuring projects successfully meet deadline completion.

Driving Economic Development: How McMinn EDA Supports Business Success

McMinn County offers businesses the opportunity to be 45 minutes to both Knoxville and Chattanooga and 2 ½ hours to Nashville and Atlanta. Businesses serving these major metropolitan areas can save time and money by opening a location in the center of it all. In cooperation with local governing bodies, McMinn County Economic Development Authority customizes incentive offers to prospective or existing businesses and companies based on capital investment, number of jobs created, and average wages. Some of the services we provide include:

• Site location assistance within McMinn County borders
• Geographic information system analysis (GIS) for site plan analysis
• Permitting assistance
• Liaison between company and state, county, and city governmental entities.
• Assist with project management to help companies from construction to production, keeping projects on track and on time. We have a proven track record of seeing projects completed on or before their production deadlines.

McMinn Economic Development Authority: Your Partner in Business Growth and Development

During ED Week, 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 McMinn Economic Development Authority can support your business or get involved in our economic development initiatives, visit https://www.makeitinmcminn.org/ or contact us here.