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Blog: New York

09-29-17

New York City Supports Industrial Development through Innovative Financing Solution

ICIC

In many cities across the country, preservation of industrial land has become difficult as strong demand for housing has led to the redevelopment of many formerly industrial sites into mixed-use projects that feature housing, retail, and office space. This loss of industrial land raises important and timely questions about how cities are pursuing balanced and equitable economic development. ICIC’s own research has shown that many industrial jobs allow workers to earn a living wage: on average, workers earn 200 percent over federal minimum wage. In addition, industrial areas—often located in inner cities—can provide accessible employment opportunities for local residents. Read More


12-07-16

Here’s what happens when urban entrepreneurs learn to craft powerful pitches for investors

ICIC

On November 16-17th Inner City Capital Connections (ICCC), one of ICIC’s Urban Business Initiatives, held its annual culminating conference at Columbia University in New York City. ICCC helps firms achieve sustained growth through education and training, while increasing the flow of capital to urban businesses and underserved communities. In the last session of the conference, graduates put their ICCC education to work by pitching to potential capital providers. Read More


11-08-16

What Cities Should Be Doing for Small Business

ICIC

Small businesses are the backbone of urban economies: They play a critical role in creating jobs for local residents. Yet too often city leaders and economic developers are not prioritizing small businesses when allocating resources to drive growth, focusing their strategies instead on the attraction and retention of large businesses. Read More




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