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Resources for Small Business Owners

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.


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