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Black Co-Founder Wins $100,000 Pinnacle Prize for Supporting Black Businesses

(Image: Instagram / @b_cal27 / Screenshot)

 

G.I.F.T. (Generating Income for Tomorrow) co-founder Brandon Calloway of Kansas City was announced as one of two $100,000 winners of the 2022 Pinnacle Prize.

Maurice Watson, a spokesman for the Pinnacle Prize, announced the award for Calloway’s organization and his efforts to support Black businesses in Kansas City’s low-income neighborhoods, according to Startland News.

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“Brandon grew up in the urban core and is motivated to make social and economic conditions better than those he experienced as a youngster by attracting economic investment,” Watson said, describing Calloway’s work.

G.I.F.T. was founded in 2020 as an initiative to address the racial wealth gap in Kansas City by providing grants to help Black businesses with operational and growth needs. The company awards two grants per month to businesses that are working to create new jobs, promote local economic growth, and implement positive change in the community.

Calloway, a veteran and former fitness trainer, started his own fitness business before transitioning to the nonprofit sector. He began working with the United Way of Greater Kansas City in 2018.

Rachel Jefferson, executive director of Groundwork Northeast Revitalization Group (Groundwork NRG), received one of the 2022 prizes as well.

“As a resident of northeast Kansas City, Jefferson sees the impact redlining, predatory businesses and lack of community intervention has on the local environment every day,” organizers of the Pinnacle Prize said. “As executive director of Groundwork NRG, she is committed to making meaningful changes to create an equitable Kansas City for all.”

The $100,000 Pinnacle Prize is given annually to two Kansas City residents who are working to improve socioeconomic conditions in their communities. Local community leaders nominate recipients, who must be 40 or younger, and the winners are chosen by a committee of city leaders. The grant prize comes with no strings attached.

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Written by How Africa News

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