In this year’s report, you’ll read many success stories about businesses of different sizes in various industries. While each is unique, all illustrate the power of partnership, the importance of collaboration, and the impact of ICIC in communities across America. ICIC’s partners have endured monumental challenges in recent years, and have overcome them. We’re proud to deliver reports about many fantastic companies open for business—and growing.Impact Report
The 2022 IC100 list is here! Since 1999, ICIC has identified and celebrated the 100 fastest-growing businesses in under-resourced communities across the nation. You can review the 2022 list now.View the List
LISC and ICIC have partnered to launch the Bridging the Capital Access Gap digital training, a free, publicly accessible curriculum and video series to help business support organizations navigate the capital landscape with and for their clients. Join us for our upcoming watch parties and office hours.Watch Parties Access Course Summary
Santander’s Cultivate Small Business was created to help early-stage entrepreneurs build and sustain businesses in the food industry, with a focus on women-, immigrant-, and BIPOC-owned businesses. The program is a completely FREE 12 week mini-MBA for eligible entrepreneurs. Along with a food-focused curriculum, the program provides mentorship, coaching, and small capital grants. We are thrilled that this fully virtual program is available to entrepreneurs in the Massachusetts area for the first time and are accepting applications now through January 27th, 2023. The program will run from April to June of this 2023.Info Session Apply Now
The fourth and final in its series, How the Coronavirus Recession and Recovery Have Affected Businesses and Jobs in the 100 Largest Metropolitan Areas, this report summarizes the key findings of Initiative for a Competitive Inner City (ICIC)’s analysis of the most detailed and comprehensive information about what has happened to businesses and jobs in these metros from the onset of the pandemic. To download the full report and access the accompanying data dashboard visit the link below.LEARN MORE
Anchor institutions are large or otherwise influential organizations that participate in community engagement activities and have relatively deep roots in (are unlikely to move from) their communities. This report, made possible by funding from the Robert Wood Johnson Foundation, explores the motivations and strategies of for-profit corporations’ engagement as anchor institutions with lower-income communities.READ MORE
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.
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. Of U.S. residents living in poverty, 31 percent live in inner cities.
Accessing capital requires entrepreneurs to understand and navigate their local lending landscape.
Small businesses rely on financing to launch, expand in periods of opportunity, and persevere during moments of difficulty. It’s not surprising that access to capital is one of the most frequent issues raised by entrepreneurs across LISC’s national small business support network and ICIC’s programs to support small businesses in ... 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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Roxbury MA 02119
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