Building Black-Owned Businesses In Mississippi

Monday, May 24, 2021

To address the racial wealth gap resulting from institutional racism and under-investment in Black communities, social entrepreneur Tim Lampkin started Higher Purpose Co. in 2016. Now his team supports a vibrant and growing membership of Black entrepreneurs, farmers, and artists across the Mississippi who, together, are shifting economic outcomes of Black communities in a sustained way. Forbes spoke to Tim about how he and HPC are reimagining loan collateral and business funding and creating community wealth, plus new developments on the horizon.