The Structural Barriers to Small Business Success interactive map tool, developed by ICIC and Small Business Majority, provides critical insights into the challenges faced by small businesses in various communities, particularly those of color. Following the dynamic webinar demonstrationing and discussing the practical applications of the tool, lead project researchers have developed case studies on two cities, Chicago and Atlanta, to highlight the uses of the tool. The case studies highlight key features of the interactive map, including understanding business success across racial and ethnic lines, determining whether businesses located in communities of color perform differently than those in majority-white neighborhoods, and exploring how wages vary by business size. Read More

Diana Villegas's entrepreneurial journey is a testament to perseverance, innovation, and a strong commitment to community impact. Founded by her parents in 2003, Nova Driving School has flourished under Diana's leadership, now boasting a fleet of 60 vehicles with advanced technology for driving education. Diana's resilience and work ethic, shaped by her mother's diverse business pursuits in Ecuador, drive her success. Nova Driving School stands out not only for its quality and safety but also for its dedication to making a positive impact on the community. Through partnerships and initiatives like donating to organizations and engaging with underprivileged communities, Nova has experienced significant growth. Participating in programs like the ICCC Latinx cohort has further enriched Diana's insights, emphasizing the importance of self-motivation and employee support. Nova Driving School's accolades, including the Inner City 100 award and Inc. 5000 recognition, showcase its remarkable success and commitment to community engagement. As Nova continues to grow, Diana's unwavering dedication to giving back remains a guiding force for the future. Read More

ICAN, a testament to the success of supporting businesses in underserved communities, exemplifies the transformative impact of ICIC. Quentella Enty and T.J. Douglas, alumni of various ICIC programs, now serve as ICAN steering committee members - expert advisors, mentors, and collaborators for businesses needing additional support to thrive in today's dynamic economic landscape. Enty, Vice President of KFA Inc. and member of ICAN’s Chicago Steering Committee, emphasizes the importance of scaling businesses that are the backbone of the American economy, creating jobs, and advocating for communities. Douglas, founder of The Urban Grape and member of the Boston ICAN Steering Committee, shares his journey of building a successful retail and e-commerce enterprise, leveraging ICIC programs like Inner City Capital Connections (ICCC). Both Enty and Douglas actively contribute to ICAN, fostering a network of empowered business leaders facing similar challenges and promoting inclusive economic growth and community empowerment. Read More

The Bank of America Global Ambassadors event in held in September in Chicago supported the advancement of women’s leadership and economic empowerment. It featured a diverse group of leading women executives and other powerful voices in entrepreneurship and business, including Stephanie Hickman, President and CEO of Chicago-based Trice Construction Company and an alumna of the Inner City Capital Connections (ICCC) program. Read More

While businesses have spent decades fleeing inner cities, their return to Chicago’s forgotten districts has helped create a new economic future for the city. Read More