Small Business Development Centers

The following organizations provide free or low cost training and/or financial assistance to low-income individuals who want to start or already own a small business. For additional information regarding resources available to small business owners, download the Memphis Small Business Resource Guide.

Contact Information	Services/Resources Offered	Eligibility/Cost
MIFA Opportunity Banc Attn: Amy Westerholm P.O. Box 3130 Memphis, TN 38173 Phone: (901) 529-4524 Fax: (910) 529-4500	Resources for small home-based business ownership, including business training, technical assistance and loans. Training programs include financial literacy, business planning and development and personal effectiveness training	Individual must have a low to moderate income and an idea for a small home-based business. $25 fee for 12-week clas
Lemoyne-Owen College CDC Attn: Eric Roberston 802 Walker Ave, Suite 5 Memphis, TN 38126 Tel: (901) 435-1654 Fax: (901) 942-6448 Email: eric_robertson@loc.edu	12-week business development course for entrepreneurs	Open to general public with a focus on serving neighborhood residents.
Renaissance Business Center 555 Beale Street Memphis, TN 38103 Tel: (901) 526-9300 Fax: (901) 525-2357	“One-stop shop” for entrepreneurs and small businesses, offering: One-on-one counseling, business resource referrals, business plan development, economic information, marketing and training, and assistance with loan applications.	Open to general public. Cost varies depending on assistance program.