OUR IMPACT

Item: UMRF Ventures
Author: Raymond James

UMRF Ventures fosters a dynamic ecosystem where students, business partners, the community, and the University of Memphis collaborate seamlessly to drive innovation, economic growth, and workforce development. By integrating academic talent with industry expertise and local support, we create opportunities for transformative ideas to flourish.

Our Vision

Our vision is to provide every student an opportunity to benefit from employment at UMRF Ventures and to become a leading Workforce Development Organization in the Mid-South.

Our Mission

Our mission is to aid student success by providing flexible, good-paying jobs in a supportive environment. We help students meet their financial obligations, achieve academic success, gain experience, and develop professional skills.

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Our Students

At UMRF Ventures, students experience a profound impact as they engage in hands-on learning. By participating in cutting-edge projects and collaborating with industry experts, students gain practical skills and insights that complement their academic knowledge. This immersive environment not only enhances their professional development but also empowers them to drive innovation and contribute meaningfully to real-world business solutions. Through these experiences, students are better prepared to navigate and succeed in their future careers.

UMRF Ventures student employee talking to visitors

UMRF Ventures celebrating five years of being a successful managed IT service provider

UMRF Ventures employees at a career fair event

UMRF Ventures student employees talking with a business professional at a networking event

UMRF Ventures employee talking to prospective students and partners at career fair

UMRF Ventures employees at a networking event

UMRF Ventures employees posing for a company picture

UMRF Ventures employees posing for a picture at a company event

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pie chart showing majority of UMRF Ventures' employees pursue STEM fields

60%

Of UMRF Ventures employees are current STEM students or have pursued STEM as their field of study.

100%

Of UMRF Ventures student employees have the opportunity to join our Blue Bridge program to gain career, personal and professional development.

960

University of Memphis students have worked for UMRF Ventures.

Client Story — Raymond James

Outsourced IT Support That Buys Back Time for Strategic Work

How a financial services firm used embedded analysts from a Memphis managed IT provider to keep change management running while its own team focused on the roadmap.

The two contractors we have on our team from UMRF Ventures add significant value to our operations! The greatest value they provide is in the time our team can use on strategic efforts. By UMRFV providing operational support of our team, we can allow other members to focus their efforts on our roadmap and other initiatives. UMRFV is providing the type of work and quality of work we would expect from an Analyst by evaluating daily change activity, maintaining compliance with established controls, and ensuring adherence to Raymond James’ Change Management Standard.

Raymond James

Change Management Team

SituationDaily change review and controls compliance consumed the capacity this financial services team needed for roadmap and strategic initiatives.

What we didEmbedded two analysts as dedicated business IT support — evaluating daily change activity, maintaining compliance with established controls, and upholding the Raymond James Change Management Standard.

ResultAnalyst-quality operational support that freed internal team members for roadmap work, staffed through our University of Memphis IT talent pipeline.

Talk to Our Memphis IT Team

Our Community

UMRF Ventures has positively impacted the community by fostering local economic development and creating a vibrant environment for workforce development. By supporting innovative projects and facilitating partnerships between students, businesses, and community leaders, UMRF Ventures helps to drive regional growth and job creation. This active engagement not only stimulates economic vitality but also enhances the community’s overall quality of life, demonstrating a commitment to mutual advancement and sustainable development.