Clarksdale, MS - Higher Purpose Co. announces the Delta Creative Business Challenge for local residents of Coahoma County to launch or expand their creative ventures. Enterprise Community Partners is funding this initiative with a $5,000 National Collaborative Action Grant. Higher Purpose Co. was selected from a competitive application process as one of the nonprofits across the country to receive funding in April 2018.
The business categories for the challenge include Art, Film/Media, Graphic Design, Music, and Photography. Fifteen participants will be selected and receive free entrepreneurship training utilizing the Work of Art curriculum developed by nationally recognized arts/culture nonprofit Springboard for the Arts. "We are thrilled to partner with Higher Purpose Co. to support their innovative, vital work to support creative entrepreneurs. The Delta Creative Business Challenge will be an important part of building a stronger creative community locally, regionally, and nationally" said Laura Zabel, Executive Director, Springboard for the Arts.
Participants will also learn about community wealth, economic justice, and racial equity. One entrepreneur will win the grand prize package valued at $1,000 * to support their business. Participants will meet twice a week from 6:00pm-8:00pm during the month of August which will lead to a community pitch competition and pop-up shop on September 1st. Residents must be 18 years old and currently live in Coahoma County to apply. Businesses owned by women and people of color will be prioritized during the application review process. Transportation & childcare will be provided as needed to selected participants.
"The Mississippi Delta is the birthplace for several creatives, artists, and entrepreneurs who have built thriving businesses. We are continuing this tradition by supporting our local economy and assisting residents who have creative businesses. This pilot program will be the first of many new initiatives focused on business ownership. Our team and board of directors are grateful to received funding from Enterprise Community Partners to launch this program. We are also thankful for our partnership with the Center for Rural Strategies who continues to help us expand our impact in the Mississippi Delta" said Tim Lampkin, Chief Executive Officer, Higher Purpose Co.
Learn more about the Delta Creative Business Challenge and apply online here to participate.
About Higher Purpose Co.
Higher Purpose Co. (HPC) is a nonprofit social impact agency based in Clarksdale, MS disrupting the racial wealth gap across in Northwest Mississippi by accelerating the ownership of businesses, land, and culture for people of color. For more information about Higher Purpose Co. contact Tim Lampkin at email@example.com
MISSISSIPPI DELTA REGION – Tim Lampkin has been named to the 2018 cohort of the Business Alliance for Local Living Economies (BALLE) Local Economy Fellowship. He joins 25 leaders recognized as representing some of the most innovative local economic and community development solutions in the U.S. and Canada. These 25 leaders, systems entrepreneurs, and ecosystem builders are pushing the boundaries of economic change and championing locally-based, regenerative rural enterprise. They are visionaries, innovators, and strategic connectors who are supporting and strengthening thousands of rural communities and businesses across 16 states and three Canadian provinces.
Lampkin is the CEO of Higher Purpose Co., a nonprofit social impact agency based in Clarksdale, MS building community wealth in the Northwest Region of the Mississippi Delta by focusing on small business development, strategic real estate investing, and social enterprise initiatives.
“As a Fellow based in Baltimore I experienced the power of BALLE’s work up close, weaving together efforts across our urban ecosystem,” said Rodney Foxworth, the new executive director of BALLE. “I was so inspired to witness what that looks like in rural economies that are coming to life, in our Local Economy Accelerator last fall. A local Fellow was working in deep collaboration with local foundations and place-based impact investors, in communities and regions that are coming together to create a plan, and do the hard work of making progress together.”
The 2018 cohort illustrates the depth and complexity of the challenges facing rural, indigenous, and second-tier urban communities. With energy, creativity, and determination, they are promoting sustainable land use; advancing community development philanthropy; supporting Indigenous social entrepreneurship; helping communities connect to the creative power of artists; advocating for disadvantaged farmers and ranchers; equipping rural entrepreneurs with the tools needed for success; and much more. "It is an honor to be selected for this amazing fellowship. My goal is to learn best practices to further the mission of Higher Purpose Co. We truly believe ownership of businesses, land, and culture are essential to building community wealth. This opportunity will also enhance my capacity to lead our organization. I'm truly thankful for BALLE recognizing the value of our work here in the Mississippi Delta.” said Tim Lampkin. In collaboration with their communities, Fellows are at the forefront of building healthy, equitable local economies, underpinned by the regenerative capacity of the natural world around us. Learn more about each of our 2018 Fellows here!
About the BALLE
The Business Alliance for Local Living Economies, (BALLE ) based in Oakland, California was founded in 2001, represents thousands of communities and conveners, entrepreneurs, investors and funders who are defying business as usual. BALLE’s mission is to create local economies that work for all.
About Higher Purpose Co.
Higher Purpose Co. is a nonprofit social impact agency based in Clarksdale, Mississippi building community wealth in the Northwest Region of the Mississippi Delta by focusing on small business development, strategic real estate investing, and social enterprise initiatives.
(Ryne S. Gipson, Sr. COO of Higher Purpose Co., Deborah Temple, Director of Lending, Communities Unlimited, and Tim Lampkin, CEO of Higher Purpose Co.)
Higher Purpose Co. (HPC) recently partnered with Communities Unlimited (CU) to provide capital to underserved entrepreneurs in the Mississippi Delta area. The partnership with CU expands HPC's capital access program which was launched last May with the micro-lender Kiva. HPC has helped several entrepreneurs receive affordable capital to launch or expand their business in the region. "We are excited to partner with Communities Unlimited to provide an additional option for entrepreneurs to receive the financing they need for their business. CU is a nonprofit CDFI which gives them more flexibility to work with entrepreneurs at various stages. The interest rates are affordable and CU will consider various kinds of collateral in order to help entrepreneurs have their own business. We believe ownership is critical to building community wealth throughout our region" said Ryne S. Gipson Sr, Cheif Operating Officer of Higher Purpose Co. Entrepreneurs in the following counties Coahoma, Bolivar, Sunflower, Tunica, Washington, Tallahatchie, Quitman, and Leflore are eligible to receive assistance with their loan application and required documents required to apply for funding. HPC will work directly with entrepreneurs during the entire process and provide additional business support services as needed. Borrowers can request up to $100,000 to support their business. Credit will be considered but will not be the only factor determining approval. Some clients will be referred to free credit counseling prior to applying for a loan. Interested entrepreneurs should complete the client intake form here and select access to capital for their business need. For more information please email firstname.lastname@example.org or call 662-592-5273.