As news about COVID-19 continues to evolve, we remain committed to supporting small businesses and driving inclusive economic prosperity. We know that small businesses, especially those in under-resourced communities, are likely to be hit the hardest, so we launched a resource center for our community.LEARN MORE
Impact matters, and we are extremely proud of what our alumni have accomplished. The report and overview are testaments of their hard work, grit, and determination. As they go from strength to strength, our alumni are helping drive inclusive prosperity in under-resourced communities across the nation.
For an in-depth look into our program’s impact, read our report.
For a statistical snapshot, read our overview.
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. inner city economies and the businesses that thrive there.
Inner cities 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.
Learn how you can support ICIC’s work
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. Nearly a third of U.S. residents living in poverty live in inner cities.
This story is the second in a series of Stories of Resilience that demonstrate the generosity, creativity and community-building spirit that countless ICIC alumni have shown during the COVID-19 pandemic. Mary Aregoni and Tigist Ruda are both graduates of Goldman Sach’s 10,000 Small Businesses program. Mary’s restaurant Saigon Sisters features the ... Read More