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11-23-16

Northeastern’s “Impact Lending” program shows how universities can support inner city businesses and bolster local economy

ICIC

Last month Northeastern University announced it was committing $2.5 million in seed funding for a newly created “Impact Lending” program, offered in conjunction with LISC Boston. The seed money will capitalize a $6.5 million revolving loan fund (RLF), and the RLF will enable LISC to provide $1,000 to $1 million loans to women- and minority-owned small businesses located in or around Northeastern University. 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



11-02-16

Catalyzing a National Conversation: #AccelerateInclusivity

ICIC

Until they fully engage women and minority entrepreneurs, incubators and accelerators will not truly jumpstart urban entrepreneurship. Last week, ICIC hosted a national conversation at the Roxbury Innovation Center in Boston, sponsored by JPMorgan Chase, the Boston Foundation, and the W.K. Kellogg Foundation, about what it will take to create more inclusive entrepreneurial hubs. Read More


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