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Blog: Anchor Institutions

05-12-17

Federal Reserve’s Conference Highlights How Investments in Children Translate to Economic Growth

ICIC

Linking inner city businesses to strong regional clusters. Engaging anchor institutions to create shared value. Connecting inner city companies to appropriate growth capital and contracting opportunities. Supporting management education and strengthening business networks. At ICIC, we talk at length about these drivers of inner city economic development as strategies crucial for ... Read More




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


10-03-16

What Works: How an Innovative Anchor Partnership is Transforming one Inner City Neighborhood in Columbus

This case study highlights how an anchor institution’s initial efforts around neighborhood revitalization had a snowball effect that ultimately leveraged hundreds of millions of dollars in private investment. The redevelopment and construction of new housing served as the linchpin to a broad-based community effort to stabilize one of Columbus, Ohio’s most distressed inner city communities. Read More


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