What's New at ICIC

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.

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Regional Economic Connectivity: A Strategy to Build Opportunity in Distressed Communities

This report by ICIC and SRI describes regional economic connectivity as an economic development strategy for under-resourced communities.

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What's Your Why?

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.

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Our 2023 Impact Report is Here!

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.

Impact Report

Supporting Small Business Growth

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.

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The Authority on Inclusive Economic Prosperity

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.

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Learn More About ICIC

Work with ICIC

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.

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Support ICIC

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.

Learn how you can support ICIC’s work

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What is an Inner City?

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.

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CSB Information Session

Join CSB team members and alumni for an overview of the program, which is now accepting applications for the next cohort.

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What’s Bernadette’s Why? Partnerships


BC Design Haus is a woman- and Asian-owned, design and branding agency based in Pasadena, California. Bernadette Capulong, the company’s CEO, describes herself as an accidental entrepreneur, having turned to self-employment to replace her income after being laid off during the Great Recession. Since the firm’s official launch in 2015, she has led the company to achieve double-digit revenue growth year over year. BCDH was recognized nationally for its growth, appearing for the second year in a row on the Inner City 100 Awards list in 2023. This success would not be possible without Capulong’s persistent focus on building partnerships with her clients and her team. Her nearly decade-long journey as an entrepreneur has taught her five key lessons: seek out a program like Goldman Sachs 10,000 Small Businesses, understand that owning a small business is a long game, seek advice from a mentor, hire the right people, and be good to your clients. 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.


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