Lampkin selected for BALLE Local Economy Fellowship

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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. He is a nationally recognized social entrepreneur who utilizes his expertise to improve low income communities. Lampkin has a B.S. in Business Administration from Mississippi Valley State University, MBA from Delta State University, and a M.S. in Organizational Performance from Bellevue University. He completed executive education at Harvard Kennedy School of Government and is currently finishing his Doctorate of Education at the University of Arkansas. Tim was included on Magic Johnson’s 32 under 32 list in 2016, and has been featured by the Daily Yonder and the Huffington Post. He was selected in April 2017 to serve on the Federal Reserve Bank of St. Louis Community Development Advisory Council for three years. 

“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.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Higher Purpose Co. expands Capital Access Program with Communities Unlimited

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(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 team@higherpurpose.co or call 662-592-5273.