FreshLo

Fall 2016- Summer 2017

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OVERVIEW

In partnership with Little Bird, the BDC is one of 26 organizations awarded a FreshLo grant out of 500 applicants. The grant supports a year of planning activities to develop a strategy that will provide entrepreneurs with the tools necessary to grow their endeavors from concepts to thriving businesses, while celebrating the unique cultural diversity of Binghampton. Kresge will review our strategic plan in consideration of awarding us additional funds for implementation.


BINGHAMPTON TODAY

33% of households live below the poverty line ($24,250 for a family of four and $15,930 for a family of two), with some census blocks reaching over 70%.

For Binghampton as a whole, the un-employment rate is almost double that of the county average. 

23% of Binghampton residents receive some form of public assistance.

18% of housing units are empty and over 1,000 are abandoned.

27% of households lack access to personal transportation.

The neighborhood is a USDA-designated food desert.

Binghampton residents carry great pride in the neighborhood 90 renovated homes, 17 new homes, & 29 homes sold

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Binghampton residents carry great pride in the neighborhood 90 renovated homes, 17 new homes, & 29 homes sold

30 residents graduated from the job training program, earning a cumulative of > $650,000/year

Through housing counseling, the BDC assisted 1,647 residents. 407 purchased homes and 692 avoided foreclosure

Homeownership in the neighborhood:

 
 

This year the BDC broke ground on the neighborhood’s first grocery store. Caritas Village reached it’s $1 million fundraising campaign to make renovations and hire a new ED. REP providing sustained cultural education for refugee adults and children to thrive in the U.S. Grassroots effort by Broad Ave. Business Association led to $30M+ in redevelopment and over 30 new businesses since 2006. More than 50% of business opened are female owned/co-owned and over 25% are owned/co-owner by people of color

Binghampton, home to residents from more than 17 different nations, is the most diverse community in Memphis. 

1,675 residents in Binghampton, or roughly 14%, are foreign-born (2010 American Community Survey)

Tennessee’s population of refugees and immigrants rose to 4.7% from 2.8% in 2000 and 1.2% in 1990

32,883 people immigrated to TN between 2010 and 2014

From 2001 to August 31, 2013, Tennessee resettled 12,812 refugees

Memphis is the 2nd largest resettlement city in Tennessee with 2,006 refugees

CONTRIBUTIONS

  • TN is home to more than 322,000 immigrants with nearly $6 billion in annual spending power
  • Immigrants in TN earned $7.9 billion in 2014 and $493.9 million of that went to state and local taxes
  • Immigration boosts community housing values
  • In 2013, 12.8% of business owners in the Memphis metropolitan area were foreign-born
  • Immigrant-owned businesses generated $542 million in business income in 2014 and employed 57,085 workers
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REFUGEE a person who has fled his or her country of origin because of past persecution or fear of future persecution based upon race, religion, nationality, political opinion, or membership in a particular social group.   

IMMIGRANT a person who comes to live permanently in a foreign country.


PHENOMENON

Many refugees and immigrants wish to start food businesses but face unique challenges that are either insurmountable or take several years to overcome. 


personas

Latonya works as the Community Garden Coordinator at the Carpenter Art Garden. She wants to create a menu of healthy soul food menu and hopes to one day have a food truck.

Latonya works as the Community Garden Coordinator at the Carpenter Art Garden. She wants to create a menu of healthy soul food menu and hopes to one day have a food truck.

Flora & CC, from Kenya and South Sudan, are planning a large-event catering business called Aroma Kitchen. They’d like to one day operate their own venue where they can cater and host events like weddings.

Flora & CC, from Kenya and South Sudan, are planning a large-event catering business called Aroma Kitchen. They’d like to one day operate their own venue where they can cater and host events like weddings.

Indra, from Nepal, recently had her first food sales experience at the Broad Ave Art Walk, where her dumplings were a huge hit. She plans to sell at markets and festivals and build up to a restaurant one day.

Indra, from Nepal, recently had her first food sales experience at the Broad Ave Art Walk, where her dumplings were a huge hit. She plans to sell at markets and festivals and build up to a restaurant one day.

Ibti, from Sudan, is known for the famous soups she started making while running the kitchen at Caritas Village. She is actively growing a business called Ibti’s Soup & Catering.

Ibti, from Sudan, is known for the famous soups she started making while running the kitchen at Caritas Village. She is actively growing a business called Ibti’s Soup & Catering.

Raffe, from Syria, was the successful business owner of Raffe’s Deli and Raffe’s Beer Garden for 14 years. Now, she still sells at farmers’ markets and is considering opening another food business. 

Raffe, from Syria, was the successful business owner of Raffe’s Deli and Raffe’s Beer Garden for 14 years. Now, she still sells at farmers’ markets and is considering opening another food business. 

 

 

Partners