Each year we honor the 100 fastest-growing inner city businesses in America. See this year's list and learn more about the winning businesses in Fortune!View winners
ICIC’s mission is to drive economic prosperity in America’s inner cities through private sector investment to create jobs, income and wealth for local residents.
Founded in 1994 by Harvard Business School Professor Michael Porter, the Initiative for a Competitive Inner City is a national nonprofit research and advisory organization and the leading authority on U.S. inner city economies and the businesses that thrive there.
Inner cities are rich with opportunity. We help business, government and philanthropic leaders leverage local assets to transform communities. Our research and advisory team has helped to shape economic development strategies in more than twenty inner cities.
ICIC delivers the knowledge and the know-how to achieve sustainable economic and job growth.
Whether supporting one of our high-impact urban business programs or the entire organization, our partners know they are choosing to support an organization dedicated to transforming inner cities across the country. Our partners include Bank of America, Staples, various foundations and individual donors.
Learn how you can support ICIC’s work
They are distressed urban areas of concentrated poverty and unemployment. Take a peek at our rigorous definition of inner cities.
Inner city residents represent 10% of the population—that’s 32 million people. Nearly a quarter of the population living in poverty live in the inner city. Inner cities represent 16% of U.S. unemployment, 22% of U.S. poverty, and 32% of U.S. minority poverty.
Every year at the Inner City 100 Awards and Conference, ICIC presents an entrepreneur with the Marcia Lamb Inner City Innovation Award, which recognizes visionary leadership at the forefront of creating positive change in urban economic development and inner cities. This year, the honor was presented to Bo Menkiti, CEO of The Menkiti Group and Keller Williams Capital Properties, real estate development and brokerage firms in Washington, DC. Read More