A new initiative called “Open on Main” is working to help entrepreneurs start businesses and reduce the number of empty storefronts in Downtown Memphis.
Supporting New Ventures
The program offers selected business owners the opportunity to operate in a retail space on Main Street for a limited period. Participants receive assistance with rent, utilities, and marketing, aiming to give them a platform to test their business concepts in a real-world setting.
Addressing Downtown Vacancies
Downtown Memphis has seen a rise in vacant commercial spaces, a trend that “Open on Main” intends to counter. Organizers hope that by providing short-term leases and support, more entrepreneurs will be encouraged to establish permanent locations in the area.
Program Details and Application
Entrepreneurs interested in the initiative can apply through the Downtown Memphis Commission. The program is open to a range of business types, including retail, food, and creative ventures. Selected applicants will be given access to a storefront for up to three months, with the possibility of extending their stay if the business proves successful.
Community Impact
Organizers believe that “Open on Main” will not only help new businesses get started but also contribute to the overall vibrancy of Downtown. By filling vacant spaces, the program aims to attract more visitors and increase economic activity in the area.
Further Information
Additional details about “Open on Main” and application instructions can be found at the Downtown Memphis Commission website or by visiting this link.