Under the leadership of siblings David and Paul R. Balkan, Balkan Sewer and Water Main Service exemplifies the power of innovation and strong leadership principles in building a successful business. Their tangible commitment to authenticity, employee care, and a robust company culture has played a critical role in achieving their ambitious goals. Participating in the Goldman Sach 10,000 Small Businesses program led to explosive growth, resulting in the company’s revenue doubling. With a rich history of customer satisfaction and a clear vision for the future, the company is poised to leverage technological advancements to enhance service delivery and operational efficiency. They aim to expand their offerings and double sales for the second time in Balkan’s history. By embracing innovation without fear, they have elevated their business–a genuine inspiration for all entrepreneurs to pursue excellence in their respective fields. Read More

Fourteen years ago, Michaella Blissett Williams started working as a hairdresser in a basement studio in her brownstone apartment on Bergen Street in Brooklyn. Today, she’s about to open her fifth location. Her journey is a true ICIC success story as Williams’ business, [salon] 718, is a multi-year recipient of the ... Read More

At the Inner City Capital Connections (ICCC) culminating conference on November 17 in New York City the program celebrated its 12th year of helping inner city entrepreneurs build capacity, get coaching and access capital. Throughout the day, business owners from around the country showcased products and services, shared success stories, and practiced pitching to investors. Read More

In many cities across the country, preservation of industrial land has become difficult as strong demand for housing has led to the redevelopment of many formerly industrial sites into mixed-use projects that feature housing, retail, and office space. This loss of industrial land raises important and timely questions about how cities are pursuing balanced and equitable economic development. ICIC’s own research has shown that many industrial jobs allow workers to earn a living wage: on average, workers earn 200 percent over federal minimum wage. In addition, industrial areas—often located in inner cities—can provide accessible employment opportunities for local residents. Read More

On November 16-17^th Inner City Capital Connections (ICCC), one of ICIC’s Urban Business Initiatives, held its annual culminating conference at Columbia University in New York City. ICCC helps firms achieve sustained growth through education and training, while increasing the flow of capital to urban businesses and underserved communities. In the last session of the conference, graduates put their ICCC education to work by pitching to potential capital providers. Read More