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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


09-26-17

Chicago business owner empowers other women to follow in her footsteps

ICIC

The Bank of America Global Ambassadors event in held in September in Chicago supported the advancement of women’s leadership and economic empowerment. It featured a diverse group of leading women executives and other powerful voices in entrepreneurship and business, including Stephanie Hickman, President and CEO of Chicago-based Trice Construction Company and an alumna of the Inner City Capital Connections (ICCC) program. Read More



09-15-17

Innovation within the Impact Investing Space is Driving Inner City Revitalization

ICIC

Impact investing is a double bottom line investment approach that looks to generate a competitive rate of return while investing funds into projects that will have a positive social, economic or environmental impact. There are now at least $114 billion worth of impact investing assets under management, according to a recent survey conducted by the Global Impact Investing Network (GIIN), a group of charities, banks, foundations, insurance companies and asset managers dedicated to increasing impact investing. Read More


09-12-17

How one Harvard professor is sharing his knowledge with inner city business owners

ICIC

A key aspect of the Inner City Capital Connections program is executive education focused on capacity-building, which allows entrepreneurs an opportunity to receive high-quality training while running their businesses. The success of the program depends on the quality of the professors who have been recruited from leading business schools throughout the country. Of these educators, Steven Rogers is surely one of the most beloved. Now the most senior teacher in the ICCC program, Rogers considers himself a tenured faculty member. Read More


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