Mississippi is the home of Pulitzer Prize-winners, a fertile breeding ground for that indigenous music called The Blues, and a sought-after location for global industry. Our state hasn't often been associated with "progressive," but the landscape of our business climate is steadily moving in that direction, especially for women.
Mississippi has seen some of the greatest growth in women-owned businesses in the U.S. every year since 2002. The average growth for women-owned business in 2016 was 45% nationally, and Mississippi ranks number five for the fastest-growing states for women-owned firms with a 56% increase. Mississippi women are working hard. When women succeed, our homes and communities are stronger; the connection between that is undeniable.
Despite the number of women in our local workforce and the rapid growth of female-owned businesses, women continue to face challenges attaining access to capital and utilizing business networks. In a time when many hands are being shaken and deals are still made on the golf course, women often lack opportunities to connect with other business women.
Enter The Source. Created by BankPlus in 2017, The Source is a network for women in business at any given stage of their careers. The mission of the program is to ensure female professionals have all the tools and connections they need to maximize their potential in the workforce. All Mississippi's professional women are welcome, regardless of age, industry, or business size. Whether starting a business, growing a business, seeking professional development, considering return to the workforce or already succeeding in business, The Source provides our members with opportunities to learn, network, and connect with industry experts.
Members are able to leverage the network's experience, resources, and relationships to go to work every day with the information and guidance they need to succeed. The Source reaches women where they are, through an effective social media and digital presence and targeted business development efforts, as well as educational events in Metro Jackson, Tupelo, and DeSoto County, covering relevant topics such as management, human resources, growth, marketing, technology, business planning, personal finance, sales and social media. Not located in these areas? Any member, anywhere, can benefit from our newsletter, blog, videos and our podcast: Inside Source.
For Mississippi's professional women, the time is now. Shake the hands, make the calls, and take the leap. The path may be uncertain, but women are clearing the way for you every day. If you've got a professional dream or a goal, The Source and BankPlus are behind you.