Join ICIC for our 30th Anniversary Celebration, where we will commemorate three decades of driving inclusive economic prosperity in under-resourced communities, recognize the winners of the 2024 IC100 Awards, and preview exciting and innovative programming designed to move businesses forward and help them thrive.
Explore our interactive tool, created in partnership with Small Business Majority, that illustrates how structural racism affects the small business landscape in the U.S.
Join the Alumni Network in celebrating ICIC’s 30th anniversary through the Why I Give campaign! Your generosity will help us break down barriers, expand opportunities, and empower more entrepreneurs to reach their full potential.
Racial Equity in America's New Industrial Transformation
ICIC recently published "Racial Equity in America's New Industrial Transformation," a first-of-its-kind report that details the impact of the Infrastructure Investment and Jobs Act, CHIPS and Science Act, and Inflation Reduction Act on Black- and Hispanic-owned manufacturers. This pivotal study maps out the current landscape and charts a course for significant change to ensure that the benefits of America's industrial renewal are equitably shared.
To commemorate ICIC’s three decades of fostering economic growth and opportunity in underserved communities through groundbreaking research and programs, we are asking program participants, funders, nominators, and staff, “What’s Your Why?” Members of our ecosystem are responding by sharing what motivates them and how their “why” connects them to ICIC. These varied and impactful stories help us to reflect on our journey, fuel our mission, and shape our future.
We are delighted to present ICIC’s Annual Impact Report – which showcases transformational journeys and the grit and determination of small business owners. The work of ICIC is more than just a commitment; it is a dedication to creating jobs, income, and wealth for local residents in underserved communities throughout North America. Through this report, we reunite with entrepreneurs who are the heart of the small business community and reflect on their inspirational stories, which give us a renewed energy to execute our charge. As we unveil our yearly Impact Report, it is a moment to celebrate small businesses, often the unsung heroes of our economy.
ICIC offers seven tuition-free development programs that serve small businesses throughout their lifecycle—from startup to succession. Learn more about how our programs can help your small business grow.
Initiative for a Competitive Inner City (ICIC) drives inclusive economic prosperity in under-resourced communities through innovative research and programs 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. under-resourced economies and the businesses that thrive there.
Underserved communities are rich with opportunity. We help business, government and philanthropic leaders leverage local assets to transform communities. Our research 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, Chevron, Kaiser Permanente, various foundations and individual donors.
Inner cities are distressed urban and suburban areas of concentrated poverty and low income. Inner city residents represent 14% of the population—that’s 45 million people. Of U.S. residents living in poverty, 31 percent live in inner cities.
At ICIC, our commitment to supporting small business owners remains strong. In collaboration with M&T Bank, we recently hosted two dynamic networking events in Washington D.C. (September 24) and Baltimore (September 26). We welcomed more than 60 attendees at each event, fostering vibrant spaces for connection and relationship-building.
Months of planning culminated in a seamless experience. Attendees not only engaged with one another but also enjoyed exciting giveaways, from business growth tools to a signed Baltimore Ravens helmet.
The feedback was overwhelmingly positive, with attendees rating their experience an impressive 4 out of 5. They reported making an average of five new business connections, highlighting the events' effectiveness in nurturing relationships within the community.
As Greg Smith from M&T Bank noted, our collaboration aims to enhance financial education for small business owners, ensuring they have the tools they need to succeed. These events exemplify what can be achieved when organizations unite for a common goal. We look forward to ongoing partnerships that continue to empower small businesses and foster lasting connections. Read More
ICIC drives inclusive economic prosperity in under-resourced communities through innovative research and programs to create jobs, income, and wealth for local residents.
Contact
PO Box 191297
Roxbury MA 02119
Phone: 617-238-1740
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