News Summary
Epicenter, a prominent business development and entrepreneurial incubator in Memphis, announces Anthony Young as its new CEO. Young, who served as interim leader, has a rich background in community development and a strong commitment to fostering inclusive innovation. The board has expressed confidence in his vision to support local startups and underserved entrepreneurs. This significant leadership change is set to propel Epicenter into a new era of growth and innovation.
Exciting Changes at Epicenter: Anthony Young Takes the Helm as CEO
Memphis is buzzing with news as Epicenter, a vibrant business development and entrepreneurial incubator, welcomes Anthony Young as its new president and CEO. This marks a significant moment for the organization that plays such a crucial role in fostering innovation in the Greater Memphis area.
Leading with Enthusiasm
Young isn’t new to the role; he has been serving as the interim president and CEO since the departure of Jessica Taveau back in June. His passion for the mission of Epicenter is palpable, as he emphasizes the organization’s goal to act as a catalyst for inclusive innovation. This focus on inclusivity means that Epicenter is committed to making sure everyone in the community has a fair shot at success, particularly those who have been historically underserved.
A Strong Background
Before stepping into this leadership role, Young had some impressive experience under his belt. He was the president of Southern Bancorp Community Partners—a Community Development Financial Institution (CDFI) based in Little Rock, Arkansas. At Southern Bancorp, Young focused on directing resources and financing to community members who needed it most, showing a steadfast commitment to supporting struggling areas. His efforts there resonate perfectly with the mission of Epicenter.
But Young’s journey with Epicenter goes back even further; from 2018 to 2022, he served as the director of capital programs. This previous experience gives him unique insight into the needs and challenges faced by startups and entrepreneurs in the Memphis area.
A Vote of Confidence
The chair of Epicenter’s board of directors, Kojo McLennon, expressed his enthusiasm over Young’s appointment, stating that he has exceeded expectations during his time as interim leader. Clearly, the board feels optimistic about the organization’s future under Young’s guidance and believes it is well-poised to continue its important mission.
Supporting Innovation and Growth
Epicenter’s primary goal is to deliver high-impact resources to tech startups and growing businesses in the Greater Memphis region. With Young at the helm, the organization aims to expand its outreach, helping small businesses gain access to crucial tools that can propel them into new heights. With a tailored approach to addressing the needs of entrepreneurs, the stage is set for exciting developments ahead.
A Champion for Minority Entrepreneurs
Young is originally from Louisville, Mississippi, and boasts a Bachelor of Business Administration in finance from the University of Mississippi. His dedication to uplifting minority entrepreneurs is truly commendable. He has actively participated in initiatives that provide necessary resources like capital and technical assistance to those who need it the most, increasing opportunities for underserved communities.
His notable efforts during the COVID-19 pandemic demonstrate his quick thinking and adaptability. Young was instrumental in helping minority businesses pivot to alternate business lines, allowing them to not only survive but thrive during such challenging times.
Looking Ahead
As Anthony Young steps into his new position as CEO, there’s a palpable sense of optimism floating in the Memphis air. With a history of successful initiatives and a passion for innovation, Young is ready to lead Epicenter into a bright and impactful future. Whether you’re a budding entrepreneur or simply interested in the local business landscape, this is certainly a development to watch!
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Additional Resources
- Daily Memphian
- Commercial Appeal
- Commercial Appeal
- Arkansas Business
- Commercial Appeal Staff
- Wikipedia: Memphis
- Google Search: Entrepreneurship
- Google Scholar: Community Development Financial Institutions
- Encyclopedia Britannica: Startup
- Google News: Memphis business development
