Inside Memphis Business
The Tip Sheet never takes holidays. Not many, anyway. You still need to know what's going on in biz around town. Read on, learn, and plan for the coming weeks.
by Jon W. Sparks and Samuel X. Cicci

NOVEMBER 29, 2019
What's happening: Hiring, learning, renting
News from other sources: Hotels, patents, cybersecurity
Upcoming: This weekend
Hot Sheet: Who’s going where
Power Player: Brian Prentice
Quotable: Kayla Rodriguez Graff
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> MGM Resorts International is recruiting for its Gold Strike Casino Resort workforce. The company will partner with three agencies in Tunica, Clarksdale, and DeSoto County conducting job fairs for full and part-time positions in December. Positions in the following departments are available: Food & Beverage, Human Resources, Engineering, Housekeeping, Finance, Warehouse, Marketing, Table Games, Security, and Wardrobe. Hiring managers will be present and applicants should bring a current resume and dress for onsite interviewing. Dates, times, and locations are: December 3rd, 10 a.m.-2 p.m. at Tunica County Workforce Development Center, 1054 South Fitzgeralds Blvd, Robinsonville; December 6th, 10 a.m.-2 p.m. at Clarksdale WIN Job Center, 236 Sharkey Ave #300, Clarksdale; and December 11th, 10 a.m.-2 p.m. at Northwest Mississippi Community College, DeSoto County WIN Job Center, 5197 W. E. Ross Parkway, Southaven. To apply online, go here

First 8 Memphis launched its comprehensive Early Childhood System serving Shelby County children and families earlier this month at Downtown Elementary. The new nonprofit hosted a a pre-K classroom visit and press conference, with speakers including Shelby County Mayor Lee Harris, Shelby County Schools Superintendent Dr. Joris Ray, and First 8 Interim Executive Director Regina Walker. First 8’s System aligns Shelby County’s early childhood programs through pre-K, home visitation, childcare and K-3rd grade supports. Each plays a critical role in ensuring a more successful transition to K-12 education, college and career.

> RENTCafe reports that October apartment rents in the US are slowly picking up pace, despite the brief respite that was the previous month. All the signs point towards a strong and resilient industry as the national average rent reaches $1,476. The highlights for Tennessee:
  • Nashville apartment rents rose $6 in October, reaching $1,424. The year-over-year growth was the strongest in the state, amounting to $73.
  • Memphis remains among the cheapest cities to rent in the US, with average rents of $809. The monthly increase was $1, while the growth since last year was $24.
  • Germantown rents decreased by $5 compared to September, reaching $1,563. They still added $65 more compared to October 2018.
RENTCafe's Tennessee rent report can be accessed here.

> Keep your Black Friday business local, and a little alternative. Here are some suggestions from the Memphis Flyer. 

> Various groups are raising funds for civic improvements — a community garden, natural playground, pocket park. Read Maya Smith's story in the Memphis Flyer here.

> Max Garland at The Commercial Appeal looks at the impact of FedEx's split with Amazon on holiday shipping volume. Read it here.

> U of M licenses a cybersecurity patent. Read Jane Roberts' story in the Daily Memphis here.

> One Beale is adding a second hotel. Read Jacob Steimer's story in the Memphis Business Journal here.

> Women talk entrepreneurship at Epicenter Memphis. Lee Eric Smith has the story in the New Try-State Defender here.


> Need to know what to do this weekend? Check out Memphis magazine's Five Things To Do This Weekend here.

Who's getting promoted? Who's closing big deals? Who's getting awards? Inside Memphis Business magazine's Hot Sheet has the latest on milestones in Memphis.

> ER2 was recognized at the Initiative for a Competitive Inner City awards as one of the top 100 fastest growing urban businesses.

> Angie Davis, an attorney at Baker Donelson, was inducted as a fellow of the College of Labor and Employment Lawyers.

Inside Memphis Business magazine publishes a list of local Power Players every year. These are the movers and shakers in more than 30 categories who get things done in their respective fields. IMB’s April issue has the complete list. We also publish individual categories in other issues throughout the year, and we feature individual Power Players in our weekly Tip Sheet.
This week’s Power Player is Brian Prentice, managing partner, Vaco Risk Solutions. B.S., Management Information Systems, Finance, Fordham University; M.B.A., Information & Communication Systems, Financial Management, Fordham University. More than 25 years of IT and business consulting leadership experience. Former board member, Juvenile Diabetes Research Foundation. Volunteer activities include Room in the Inn, Boy Scouts of America.
For the complete list of Inside Memphis Business Power Players, go here.

“In Memphis, you’re like one degree away from the person who can open a door. That doesn’t happen everywhere. That’s part of what makes Memphis great for startups.”
Kayla Rodriguez Graff, co-founder and CEO of SweetBio, quoted in the New Tri-State Defender.

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