Memphis

Press

MMDC Competition Winners Aim to Improve Medical District Efficiency

MedHaul and Sparco Projectpedia were the winning ideas from the recent Memphis Medical District Collaborative (MMDC) Operation Opportunity business plan competition, and the entrepreneurs behind the concepts will now work with EPIcenter to cultivate them into successful ventures. The MMDC, U3 Advisors, and EPIcenter partnered on the competition.

More +
News

MMDC & U3A Launch Live Local and Buy Local Programs in Memphis

U3 Advisors, working with the Memphis Medical District Collaborative, has launched two programs in the Memphis Medical District to attract more employees to the district and target more institutional spend at local businesses: Live Local 901, a housing incentive program for employees of 5 anchor institutions in the Medical District, and; The Operation Opportunity Challenge, a business plan competition to encourage Memphis-based innovators, entrepreneurs, and existing businesses to help solve operational pain points within the supply chains of the institutions, and use the experience to launch, scale, or expand their businesses.

More +
Press

Leslie Smith and WREG News discuss Operation Opportunity

WREG News Channel 3 Memphis interviewed Leslie Smith, President of the Entrepreneurship-Powered Innovation Center (EPIcenter), in advance of the October 26th kickoff of the "Operation Opportunity" initiative. The initiatve will give incentives to small, locally owned businesses to develop purchasing relationships with the big hospitals and universities in the Memphis Medical District. View the full interview here
 
U3 Advisors has been in engaged in the Memphis Medical District since 2014, in coordination with local partners such as EPIcenter, assisting with the design and implementation of a strategic Anchor Strategy, including the "Operation Opportunity" initiative. Read more about U3A's engagement in Memphis here
More +
Press

Medical District Begins Buy Local Program

“This is really a story about what can happen when you think about the collective demands of the institutions in the area.” The Memphis Medical District Collaborative (MMDC) announced a “Buy Local” business plan competition in advance of the October 26th kickoff of the “Operation Opportunity” initiative, which will give incentives to small, locally owned businesses to develop purchasing relationships with the big hospitals and universities in the district. U3A Vice President Alex Feldman, along witth MMDC President Tommy Pacello, were on hand for the announcement.
 
U3 Advisors has been in engaged in the Memphis Medical District since 2014, assisting with the design and implementation of a strategic Anchor Strategy. Read more about U3A's engagement in Memphis here
More +
Press

Collaborative Aims to Enhance Memphis Medical District

The newly established Medical District Collaborative (MDC), a nonprofit entity made up of stakeholders and executives in the Memphis Medical District, held its inaugural board meeting on February 1, 2016. U3A’s representative in Memphis, Tommy Pacello, was named the President of MDC. The MDC has plans for series of changes in the in the District beginning in May 2016, including streetscaping and public arts projects. The MDC anticipates that real estate development and parking management projects will be undertaken in the future. Click here for the latest coverage in the Memphis Daily News. 

U3 Advisors was hired by the District’s anchor institutions in summer 2014 to design and implement as anchor strategy in the area in an effort to focus its economic resources for the benefit of the entire district.  U3A has designed and implemented similar anchor strategies in Philadelphia and Midtown Detroit. 

More +