SCTDD Economic Development
The Economic Development division of the SCTDD assists communities and businesses in our 13-county region in fostering a pro-business environment that will allow for the healthy growth and development of the private sector businesses. We work closely with county and city officials to create economic opportunities for individuals and promote the advancement of the region as a whole, as well as working with individual businesses in the region to promote expansion and job retention.
One of our main functions is to assist communities and businesses to access various state and local grant and loan programs to facilitate the location and expansion of businesses that can create employment opportunities for residents of the area. We have a corporation, South Central Tennessee Business Development Corporation, that is licensed by Small Business Administration (SBA) to make loans under the Section 504 Program.
Economic development includes activities that provide additional employment opportunities, increase tax revenues and/or improve the overall business climate of the area.
The Economic Development division of the SCTDD works to maintain links to available business locations. Please follow the links to the locations or areas that you are interested in.
The area served by the SCTDD has been the focus of studies by the Jones College of Business at Middle Tennessee State University. You can download copies of these two studies here as well as other reports, data, and information that is pertinent to SCTDD:
The SCTDD provides an integrated approach to the region’s economic development and ensures the region’s long-term economic vitality. Our mission is to be a resource for industry leaders, chambers of commerce, elected officials, developers and working citizens in our district’s 13 counties.
We provide assistance to local governments, organizations, businesses and individuals in securing federal, state and private funding through grants, as well as assist community groups in identifying community needs and sources of grant and loan funds. We then research those grants, loans and other mechanisms to assist in project funding.
One of our most important functions is to provide assistance to businesses that have the potential to create or retain employment. We serve as a resource to federal and state agencies, including:
- Economic Development Authority
- Tennessee Department of Economic and Community Development
- Tennessee Department of Labor and Workforce Development
- Tennessee Valley Authority
- USDA Rural Development
We market the district through the Middle Tennessee Marketing Group (MTM), under a program called Tennessee Thirteen. Together, we commissioned a target market study by Middle Tennessee State University to assess the region’s resources and capabilities and then to identify industries that would be suitable prospects to do business within our region. We are creating initiatives to market our region to those identified industries.
Economic Development Helpful Links
The South Central Tennessee Economic Development staff provide links to common services and information available for your convenience.