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Memphis Medical District Collaborative

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uuid0028pkf

Namestring
Memphis Medical District Collaborative
Legal namestring
Memphis Medical District Collaborative
Company typeenum
Private
Founded yearint
2016
Descriptiontext

Memphis Medical District Collaborative (MMDC) is a 501(c)(3) community development nonprofit founded in 2016 and headquartered at 656 Madison Avenue, Memphis, Tennessee. It operates across a defined 2.6 square mile geography encompassing six neighborhoods (Victorian Village, Uptown, The Pinch, Peabody-Vance, Madison Heights, and The Edge) that collectively house over 24,000 employees and students and 10,000+ residents. MMDC's mission is to strengthen the connective tissue between major healthcare and educational anchor institutions (Methodist Le Bonheur Healthcare, St. Jude Children's Research Hospital, Regional One Health, Baptist Memorial, UTHSC, and others) and the surrounding communities, primarily through workforce development, supplier diversity, neighborhood revitalization, and real estate support.

MMDC's core programmatic offerings include Hire Local (a workforce pipeline connecting district residents to healthcare training, CNA certification, and guaranteed interview opportunities, with documented wage gains from $7.50/hour to $15/hour), the Career Launch Academy (a youth program in partnership with Memphis-Shelby County Schools for graduating seniors), Buy Local (a supplier diversity program that has reportedly driven $22 million in local spend to Memphis-headquartered minority- and women-owned businesses since 2014), Grants & Funding (Pre-Development, Improvement, and Event Sponsorship grants), a tiered Medical District Partnership Program ($50-$2,000/year), Real Estate Services with assessment and market-study tools, and community programming including Goat Yoga and Groove On Demand transportation.

The organization's revenue model is a nonprofit blend of tax-deductible donations, tiered membership subscriptions, event sponsorships, and grant funding from municipal and foundation sources (City of Memphis, Truist Foundation, Regions Foundation). The technology stack is minimal and operational rather than product-facing: a website on Webflow, Constant Contact email, Facebook/Instagram social, and Vimeo for video. MMDC's competitive advantage rests on its neutral-convener role, geographic exclusivity, and the multi-sided network it orchestrates between anchors, residents, and businesses.

Short descriptiontext

Memphis Medical District Collaborative is a 501(c)(3) community development nonprofit serving six neighborhoods across a 2.6 square mile district in Memphis, connecting 24,000+ employees/students and 10,000+ residents with major healthcare and educational anchor institutions through workforce development (Hire Local), supplier diversity (Buy Local), and neighborhood revitalization programs.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersMemphis, United States
HQ citystring
Memphis
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
community development services, workforce development programs, supplier diversity initiatives, neighborhood revitalization services, nonprofit placemaking
Industry1 code
1Workforce Development & Training Grants (Public Health)
CodeHLAJALAMPrimaryYes
NAICS code4 codes
  • Civic and Social Organizations813410
  • Individual and Family Services6241
  • Other Individual and Family Services624190
  • Religious, Grantmaking, Civic, Professional, and Similar Organizations813
SIC code3 codes
  • Services-Social Services8300
  • Services-Membership Organizations8600
  • Services-Health Services8000
Product category
Community Development Services
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model4 records
1Donations and Charitable Contributions
TypeGrants Donations
Description

MMDC relies on tax-deductible donations from individuals, businesses, and organizations to support its community development programs including neighborhood revitalization, workforce development, and business support services.

memphismedicaldistrict.org
2Partnership Memberships
TypeSubscription Recurring
Description

Tiered membership program connecting individuals, employees, students, businesses, and organizations to Medical District news, networking opportunities, events, and exclusive benefits. Tiers range from $50 (Student) to $2,000 (Team Partnership).

memphismedicaldistrict.org
3Event Sponsorships
TypeGrants Donations
Description

Corporate sponsors receive marketing exposure and brand engagement opportunities through MMDC community events, including pre and post event marketing and VIP access to District events.

memphismedicaldistrict.org
4Government and Foundation Grants
TypeGrants Donations
Description

MMDC receives grant funding from government entities (City of Memphis Community Service Grant - $31,000) and foundations (Truist Foundation - $75,000, Regions Foundation - $25,000) to support workforce training and community enrichment programs.

memphismedicaldistrict.org
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Operations, Marketing or Sales, Others
Pricing details4 tiers
1Individual Partnership for community members seeking networking and engagement opportunities
ModelSubscriptionBilling cadenceAnnual
Notes

$100 per year - includes networking opportunities, professional development, newsletter access, and Medical District discounts

memphismedicaldistrict.org
2Student Partnership for students seeking to engage with the Medical District
ModelSubscriptionBilling cadenceAnnual
Notes

$50 per year - provides student access to networking, professional development, and Medical District events

memphismedicaldistrict.org
3Nonprofit and Small Business Partnership for organizations within the Medical District
ModelSubscriptionBilling cadenceAnnual
Notes

$250 per year - includes Ambassador Fee for Services Discounts, networking opportunities, and professional development within district boundaries

memphismedicaldistrict.org
4Team Partnership for organizations seeking comprehensive engagement (up to 10 team members)
ModelSubscriptionBilling cadenceAnnual
Notes

$2,000 per year - includes quarterly President's Report, committee seat, networking opportunities, conference room rental discounts, priority VIP access to MMDC events, ambassador fee discounts, marketing and advertising features, logo on website, and discounts at Medical District restaurants and businesses

memphismedicaldistrict.org
GTM typeB2B and B2C
B2B and B2C
Offering typeServices
Services
Core offering1 text field

MMDC is a community development nonprofit that delivers workforce training and job placement (Hire Local, Career Launch Academy), supplier diversity and local purchasing programs (Buy Local), grant funding (Pre-Development Grants, Improvement Grants, Event Sponsorships), real estate support, a tiered Medical District Partnership membership program, and the Groove On Demand transportation service. All programs are delivered free or low-cost to residents, businesses, and institutions within the 2.6 square mile Memphis Medical District and are funded through donations, grants, sponsorships, and memberships.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 5 values shown
  • Hire Local has helped residents increase wages from $7.50/hour to $15/hour (doubled income)
+4 more records
Product overview1 text field

Memphis Medical District Collaborative (MMDC) is a 501(C)(3) community development organization that offers a portfolio of interconnected programs focused on workforce development, economic development, and community building. The core offerings include: Hire Local, a workforce development initiative connecting residents to employment; Career Launch Academy, a youth training program for healthcare careers; Buy Local, a supplier diversity and local purchasing program; Grants & Funding (Pre-Development Grants, Improvement Grants, Event Sponsorships); a Medical District Partnership Program for members; Real Estate Services with assessment tools and market data; and transportation programs like Groove On Demand. These programs work together to strengthen the diverse communities within the 2.6 square mile Medical District geography.

Product and service7 records
1Hire Local
CategoryWorkforce Development Program
Description

Free workforce development program that connects residents in target Memphis zip codes (38103-38127) to training, certifications, and employment opportunities with Medical District anchor institutions, including CNA and security officer tracks.

2Career Launch Academy
CategoryYouth Workforce Training
Description

Youth workforce training program in partnership with Memphis-Shelby County Schools that prepares graduating seniors for Certified Nursing Assistant (CNA) jobs, offering a $500 stipend, transportation discounts, and guaranteed interviews at Methodist Le Bonheur Healthcare.

3Buy Local
CategorySupplier Diversity Program
Description

Supplier diversity and local purchasing program that increases goods and services bought by Medical District institutions from Memphis-headquartered, minority-, and women-owned businesses; includes the Buy Local Marketplace database and Buy Local Connect networking events.

4Grants & Funding
CategoryGrant Programs
Description

Portfolio of grant programs including Pre-Development Grants, Improvement Grants, and Event Sponsorships that provide financial support to businesses, developers, and community organizations operating within the Medical District.

5Medical District Partnership Program
CategoryMembership Program
Description

Tiered annual membership program connecting individuals, students, nonprofits, small businesses, and organizations to Medical District news, networking, professional development, events, and exclusive discounts; tiers include Student ($50), Individual ($100), Nonprofit/Small Business ($250), and Team Partnership ($2,000).

6Real Estate Services
CategoryReal Estate Support Services
Description

Real estate support offering that provides neighborhood assessment tools, market studies and data, financing tools, and listings of available commercial and residential real estate in the Medical District.

7Groove On Demand
CategoryTransportation Program
Description

Affordable on-demand rides program providing fast, easy transportation around Downtown Memphis, the Medical District, and the New Chicago area for residents, employees, and visitors.

Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership13 partners
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Major healthcare anchor institution and primary employer partner for Hire Local workforce development program. Provides guaranteed interview opportunities for CNA-certified graduates. Ranked among top Tennessee hospitals.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Major healthcare anchor institution and research center participating in District Purchasing Council for supplier diversity initiatives.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Healthcare anchor institution partner in District Purchasing Council and workforce development programs.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Educational anchor institution partner participating in District Purchasing Council.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Educational anchor institution partner in District Purchasing Council and workforce training partnerships.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Major healthcare anchor institution recognized among top Tennessee hospitals by U.S. News & World Report.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Educational partnership for Career Launch Academy targeting graduating seniors and introducing them to healthcare careers through the Hire Local program.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Community development organization that referred residents to Hire Local workforce development program.

9Walkapony Goat Ranch (901 Goats)
Strategic tierMinorTypeGTM or Marketing Partner
Description

Event partner for community programming (Goat Yoga), bringing goats to Medical District Park for community engagement events.

memphismedicaldistrict.org
Strategic tierMinorTypeImplementation/ SI/ Consulting Partner
Description

Workforce training partner providing technology education services for Hire Local program participants.

Strategic tierMinorTypeImplementation/ SI/ Consulting Partner
Description

Workforce development partner contributing to Hire Local initiative.

12LBC (Lindsay Baptist Church)
Strategic tierMinorTypeImplementation/ SI/ Consulting Partner
Description

Community partner supporting workforce development initiatives.

memphismedicaldistrict.org
Strategic tierMinorTypeImplementation/ SI/ Consulting Partner
Description

Adult education provider offering CDL certification training referenced in Hire Local participant stories.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Atlanta place-based improvement district concentrated around healthcare and education anchors (Emory, Georgia Tech, Piedmont). Comparable model of leveraging anchor institutions for workforce, mobility, and supplier diversity programs.

TypeBroad incumbent
Description

National community development financial institution funding place-based revitalizations similar to MMDC's district model. Operates at much greater scale and could be a funder/incumbent alternative in MMDC's geography.

TypeDirect peer
Description

Place-based community development organization serving Philadelphia's University City around major medical and academic anchors (Penn, Drexel, CHOP). Operates similar workforce, public space, and neighborhood revitalization programs as MMDC.

TypeBroad incumbent
Description

National nonprofit network supporting place-based community revitalization including cradle-to-career education, mixed-income housing, and community wellness. Overlaps with MMDC's neighborhood revitalization and workforce work but operates at national scale.

TypeEmerging player
Description

Healthcare-focused community development and workforce organization addressing social determinants of health in Camden, NJ. Comparable focus on healthcare workforce pathways and connecting underserved residents to health system opportunities.

TypeDirect peer
Description

Buffalo-based place-based collaborative managing a medical and academic campus district, with workforce pipelines, supplier diversity, and neighborhood revitalization programs closely aligned with MMDC's structure.

TypeBroad incumbent
Description

National nonprofit focused on affordable housing and community development. Comparable in mission around neighborhood revitalization and equitable economic development, though operating at significantly larger scale.

TypeEmerging player
Description

Healthcare-focused social determinants of health consulting and program organization. Overlaps with MMDC's work connecting community residents to healthcare employers and addressing upstream social/economic drivers of health outcomes.

TypeBroad incumbent
Description

National network advancing workforce development for low-wage workers. Comparable on the Hire Local side of MMDC's work, especially around healthcare and anchor-employer workforce pipelines.

10Nashville Medical District Collaborative
TypeDirect peer
Description

Nashville's own medical district collaborative, operating the same anchor-institution, workforce development, and community revitalization model as MMDC. Functions as the most direct functional peer — same playbook, different city.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers9 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Memphis Medical District Collaborative

Community Development Servicesmemphismedicaldistrict.org

Memphis Medical District Collaborative is a 501(c)(3) community development nonprofit serving six neighborhoods across a 2.6 square mile district in Memphis, connecting 24,000+ employees/students and 10,000+ residents with major healthcare and educational anchor institutions through workforce development (Hire Local), supplier diversity (Buy Local), and neighborhood revitalization programs.

What Memphis Medical District Collaborative does

Memphis Medical District Collaborative (MMDC) is a 501(c)(3) community development nonprofit founded in 2016 and headquartered at 656 Madison Avenue, Memphis, Tennessee. It operates across a defined 2.6 square mile geography encompassing six neighborhoods (Victorian Village, Uptown, The Pinch, Peabody-Vance, Madison Heights, and The Edge) that collectively house over 24,000 employees and students and 10,000+ residents. MMDC's mission is to strengthen the connective tissue between major healthcare and educational anchor institutions (Methodist Le Bonheur Healthcare, St. Jude Children's Research Hospital, Regional One Health, Baptist Memorial, UTHSC, and others) and the surrounding communities, primarily through workforce development, supplier diversity, neighborhood revitalization, and real estate support.

MMDC's core programmatic offerings include Hire Local (a workforce pipeline connecting district residents to healthcare training, CNA certification, and guaranteed interview opportunities, with documented wage gains from $7.50/hour to $15/hour), the Career Launch Academy (a youth program in partnership with Memphis-Shelby County Schools for graduating seniors), Buy Local (a supplier diversity program that has reportedly driven $22 million in local spend to Memphis-headquartered minority- and women-owned businesses since 2014), Grants & Funding (Pre-Development, Improvement, and Event Sponsorship grants), a tiered Medical District Partnership Program ($50-$2,000/year), Real Estate Services with assessment and market-study tools, and community programming including Goat Yoga and Groove On Demand transportation.

The organization's revenue model is a nonprofit blend of tax-deductible donations, tiered membership subscriptions, event sponsorships, and grant funding from municipal and foundation sources (City of Memphis, Truist Foundation, Regions Foundation). The technology stack is minimal and operational rather than product-facing: a website on Webflow, Constant Contact email, Facebook/Instagram social, and Vimeo for video. MMDC's competitive advantage rests on its neutral-convener role, geographic exclusivity, and the multi-sided network it orchestrates between anchors, residents, and businesses.

Memphis Medical District Collaborative firmographics

Firmographics
Name
Memphis Medical District Collaborative
Legal name
Memphis Medical District Collaborative
Website
https://memphismedicaldistrict.org
Company type
Private
Founded year
2016
Operating status
Operating
Headcount range
11–50 employees
Short description
Memphis Medical District Collaborative is a 501(c)(3) community development nonprofit serving six neighborhoods across a 2.6 square mile district in Memphis, connecting 24,000+ employees/students and 10,000+ residents with major healthcare and educational anchor institutions through workforce development (Hire Local), supplier diversity (Buy Local), and neighborhood revitalization programs.
Ownership category
akta.pro rank

Memphis Medical District Collaborative industry classification

Industry
Product category
Community Development Services
NAICS
Civic and Social Organizations (813410), Individual and Family Services (6241), Other Individual and Family Services (624190), Religious, Grantmaking, Civic, Professional, and Similar Organizations (813)
SIC
Services-Social Services (8300), Services-Membership Organizations (8600), Services-Health Services (8000)
akta.pro primary industry
Workforce Development & Training Grants (Public Health) (HLAJALAM)

Keywords

  • Community development services
  • Workforce development programs
  • Supplier diversity initiatives
  • Neighborhood revitalization services
  • Nonprofit placemaking

Where Memphis Medical District Collaborative is headquartered

Location

Headquarters

HQ city
Memphis
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Memphis Medical District Collaborative business model

Business model
GTM type
B2B and B2C
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Others

Revenue model

  1. Donations and Charitable Contributions: MMDC relies on tax-deductible donations from individuals, businesses, and organizations to support its community development programs including neighborhood revitalization, workforce development, and business support services.
  2. Partnership Memberships: Tiered membership program connecting individuals, employees, students, businesses, and organizations to Medical District news, networking opportunities, events, and exclusive benefits. Tiers range from $50 (Student) to $2,000 (Team Partnership).
  3. Event Sponsorships: Corporate sponsors receive marketing exposure and brand engagement opportunities through MMDC community events, including pre and post event marketing and VIP access to District events.
  4. Government and Foundation Grants: MMDC receives grant funding from government entities (City of Memphis Community Service Grant - $31,000) and foundations (Truist Foundation - $75,000, Regions Foundation - $25,000) to support workforce training and community enrichment programs.

Pricing tiers

ModelBillingPrice
SubscriptionAnnualIndividual Partnership for community members seeking networking and engagement opportunities
SubscriptionAnnualStudent Partnership for students seeking to engage with the Medical District
SubscriptionAnnualNonprofit and Small Business Partnership for organizations within the Medical District
SubscriptionAnnualTeam Partnership for organizations seeking comprehensive engagement (up to 10 team members)

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Memphis Medical District Collaborative product offering

Product offering

Core offering

MMDC is a community development nonprofit that delivers workforce training and job placement (Hire Local, Career Launch Academy), supplier diversity and local purchasing programs (Buy Local), grant funding (Pre-Development Grants, Improvement Grants, Event Sponsorships), real estate support, a tiered Medical District Partnership membership program, and the Groove On Demand transportation service. All programs are delivered free or low-cost to residents, businesses, and institutions within the 2.6 square mile Memphis Medical District and are funded through donations, grants, sponsorships, and memberships.

Product overview

Memphis Medical District Collaborative (MMDC) is a 501(C)(3) community development organization that offers a portfolio of interconnected programs focused on workforce development, economic development, and community building. The core offerings include: Hire Local, a workforce development initiative connecting residents to employment; Career Launch Academy, a youth training program for healthcare careers; Buy Local, a supplier diversity and local purchasing program; Grants & Funding (Pre-Development Grants, Improvement Grants, Event Sponsorships); a Medical District Partnership Program for members; Real Estate Services with assessment tools and market data; and transportation programs like Groove On Demand. These programs work together to strengthen the diverse communities within the 2.6 square mile Medical District geography.

Differentiator

Problem solved

Functional benefit

Products and services

  • Hire Local Free workforce development program that connects residents in target Memphis zip codes (38103-38127) to training, certifications, and employment opportunities with Medical District anchor institutions, including CNA and security officer tracks.
  • Career Launch Academy Youth workforce training program in partnership with Memphis-Shelby County Schools that prepares graduating seniors for Certified Nursing Assistant (CNA) jobs, offering a $500 stipend, transportation discounts, and guaranteed interviews at Methodist Le Bonheur Healthcare.
  • Buy Local Supplier diversity and local purchasing program that increases goods and services bought by Medical District institutions from Memphis-headquartered, minority-, and women-owned businesses; includes the Buy Local Marketplace database and Buy Local Connect networking events.
  • Grants & Funding Portfolio of grant programs including Pre-Development Grants, Improvement Grants, and Event Sponsorships that provide financial support to businesses, developers, and community organizations operating within the Medical District.
  • Medical District Partnership Program Tiered annual membership program connecting individuals, students, nonprofits, small businesses, and organizations to Medical District news, networking, professional development, events, and exclusive discounts; tiers include Student ($50), Individual ($100), Nonprofit/Small Business ($250), and Team Partnership ($2,000).
  • Real Estate Services Real estate support offering that provides neighborhood assessment tools, market studies and data, financing tools, and listings of available commercial and residential real estate in the Medical District.
  • Groove On Demand Affordable on-demand rides program providing fast, easy transportation around Downtown Memphis, the Medical District, and the New Chicago area for residents, employees, and visitors.

Quantifiable outcome

  • Hire Local has helped residents increase wages from $7.50/hour to $15/hour (doubled income)
  • +4 more outcomes

Companies that use Memphis Medical District Collaborative

Customer profile

Named customers9 records

Segments4 records

Ideal customer profiles3 records

Memphis Medical District Collaborative technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Memphis Medical District Collaborative partnerships and signals

Strategic signal

Partnerships

13 partnerships are on record, tiered core and minor.

  • Methodist Le Bonheur HealthcarecoreStrategic or Co-development PartnerMajor healthcare anchor institution and primary employer partner for Hire Local workforce development program. Provides guaranteed interview opportunities for CNA-certified graduates. Ranked among top Tennessee hospitals.
  • St. Jude Children's Research Hospital / ALSACcoreStrategic or Co-development PartnerMajor healthcare anchor institution and research center participating in District Purchasing Council for supplier diversity initiatives.
  • Regional One HealthcoreStrategic or Co-development PartnerHealthcare anchor institution partner in District Purchasing Council and workforce development programs.
  • Southern College of OptometrycoreStrategic or Co-development PartnerEducational anchor institution partner participating in District Purchasing Council.
  • Southwest Tennessee Community CollegecoreStrategic or Co-development PartnerEducational anchor institution partner in District Purchasing Council and workforce training partnerships.
  • Baptist Memorial Hospital-MemphiscoreStrategic or Co-development PartnerMajor healthcare anchor institution recognized among top Tennessee hospitals by U.S. News & World Report.
  • Memphis-Shelby County SchoolscoreStrategic or Co-development PartnerEducational partnership for Career Launch Academy targeting graduating seniors and introducing them to healthcare careers through the Hire Local program.
  • Urban StrategiesminorStrategic or Co-development PartnerCommunity development organization that referred residents to Hire Local workforce development program.
  • Walkapony Goat Ranch (901 Goats)minorGTM or Marketing PartnerEvent partner for community programming (Goat Yoga), bringing goats to Medical District Park for community engagement events.
  • TechEd2GominorImplementation/ SI/ Consulting PartnerWorkforce training partner providing technology education services for Hire Local program participants.
  • Orion FinancialminorImplementation/ SI/ Consulting PartnerWorkforce development partner contributing to Hire Local initiative.
  • LBC (Lindsay Baptist Church)minorImplementation/ SI/ Consulting PartnerCommunity partner supporting workforce development initiatives.
  • The Excel CenterminorImplementation/ SI/ Consulting PartnerAdult education provider offering CDL certification training referenced in Hire Local participant stories.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Memphis Medical District Collaborative competitors and assessment

Company assessment

Direct peers

  • Midtown Alliance (Atlanta): Atlanta place-based improvement district concentrated around healthcare and education anchors (Emory, Georgia Tech, Piedmont). Comparable model of leveraging anchor institutions for workforce, mobility, and supplier diversity programs.
  • University City District (Philadelphia): Place-based community development organization serving Philadelphia's University City around major medical and academic anchors (Penn, Drexel, CHOP). Operates similar workforce, public space, and neighborhood revitalization programs as MMDC.
  • Buffalo Niagara Medical Campus: Buffalo-based place-based collaborative managing a medical and academic campus district, with workforce pipelines, supplier diversity, and neighborhood revitalization programs closely aligned with MMDC's structure.
  • Nashville Medical District Collaborative: Nashville's own medical district collaborative, operating the same anchor-institution, workforce development, and community revitalization model as MMDC. Functions as the most direct functional peer — same playbook, different city.

Broad incumbents

  • Local Initiatives Support Corporation (LISC): National community development financial institution funding place-based revitalizations similar to MMDC's district model. Operates at much greater scale and could be a funder/incumbent alternative in MMDC's geography.
  • Purpose Built Communities: National nonprofit network supporting place-based community revitalization including cradle-to-career education, mixed-income housing, and community wellness. Overlaps with MMDC's neighborhood revitalization and workforce work but operates at national scale.
  • Enterprise Community Partners: National nonprofit focused on affordable housing and community development. Comparable in mission around neighborhood revitalization and equitable economic development, though operating at significantly larger scale.
  • National Fund for Workforce Solutions: National network advancing workforce development for low-wage workers. Comparable on the Hire Local side of MMDC's work, especially around healthcare and anchor-employer workforce pipelines.

Emerging players

  • Camden Coalition of Healthcare Providers: Healthcare-focused community development and workforce organization addressing social determinants of health in Camden, NJ. Comparable focus on healthcare workforce pathways and connecting underserved residents to health system opportunities.
  • HealthBegins: Healthcare-focused social determinants of health consulting and program organization. Overlaps with MMDC's work connecting community residents to healthcare employers and addressing upstream social/economic drivers of health outcomes.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Memphis Medical District Collaborative social profiles

Digital presence

Memphis Medical District Collaborative financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Memphis Medical District Collaborative leadership team

Management profile

Number of profiles

Profiles3 records

Memphis Medical District Collaborative funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Memphis Medical District Collaborative M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Memphis Medical District Collaborative

What does Memphis Medical District Collaborative do?

MMDC is a community development nonprofit that delivers workforce training and job placement (Hire Local, Career Launch Academy), supplier diversity and local purchasing programs (Buy Local), grant funding (Pre-Development Grants, Improvement Grants, Event Sponsorships), real estate support, a tiered Medical District Partnership membership program, and the Groove On Demand transportation service. All programs are delivered free or low-cost to residents, businesses, and institutions within the 2.6 square mile Memphis Medical District and are funded through donations, grants, sponsorships, and memberships.

Is Memphis Medical District Collaborative a public or private company?

Memphis Medical District Collaborative is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was Memphis Medical District Collaborative founded?

Memphis Medical District Collaborative was founded in 2016. It employs 11 to 50 people.

Where is Memphis Medical District Collaborative based?

Memphis Medical District Collaborative is headquartered in Memphis, United States, in the North America region.

How does Memphis Medical District Collaborative make money?

Four revenue lines are on record. Donations and Charitable Contributions are the primary driver. The others are partnership Memberships, event Sponsorships and government and Foundation Grants.

Who are Memphis Medical District Collaborative's main competitors?

Direct peers on record are Midtown Alliance (Atlanta), University City District (Philadelphia), Buffalo Niagara Medical Campus and Nashville Medical District Collaborative. Broad incumbents are Local Initiatives Support Corporation (LISC), Purpose Built Communities, Enterprise Community Partners and National Fund for Workforce Solutions. Emerging players are Camden Coalition of Healthcare Providers and HealthBegins.

Does Memphis Medical District Collaborative have an API?

No public API is recorded for Memphis Medical District Collaborative.

What industry is Memphis Medical District Collaborative in?

Memphis Medical District Collaborative's product category is Community Development Services. Its primary akta.pro industry code is HLAJALAM, Workforce Development & Training Grants (Public Health). Its NAICS code is 813410 and its SIC code is 8300.

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