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Driving Entrepreneurial Success: Pizza Hut Canada’s Equal Slice Program
Inner City Capital Connections (ICCC), ICIC’s signature program for small business owners in the mid-stage of their growth, is thrilled to mark its fourth year in Canada in 2024, made possible by the generous support and partnership of the lead sponsor, Pizza Hut Canada, as part of YUM’s Unlocking Opportunity Initiative. At the heart of this initiative is the Equal Slice Program, a pivotal component offering participants the opportunity to vie for one of five $20,000 CAD grants designed to fuel the growth and scalability of their businesses. Equal Slice has provided a combined $300,000 in grants to small business owners since its inception, helping them build capacity for sustainable growth and resiliency. The 2023 grant winners include Akilah Newton of Big Dreamers, Carolina Foresti of Carolina's Brownies, Jaime Ward-Yassin of Hero Academy, Nancy Wingham of Nuez Acres, and Cynthia Sweeny of Simply Good Form Inc. This year, ICIC will present two Canada Cohorts—one conducted virtually and the other in person in Toronto, Ontario. The nation is home to 150 ICCC alumni, and since their participation in ICIC’s programs, they have achieved an outstanding average growth of 125% in revenue. This success underscores the impactful outcomes of the ICCC program, and the vital role played by Pizza Hut Canada in supporting the growth and resilience of small businesses across the country. Read More
Cube Care Receives Special Recognition Award Sponsored by FedEx
Cube Care, under the leadership of CEO Susana Robledo, reflects the transformative power of global trade, diversity, and community empowerment. Recognized as the 2023 Inner City 100 FedEx Champion of Global Entrepreneurship Award winner, Cube Care's journey embodies the FedEx commitment to diversity and empowering entrepreneurs. The company's impact begins with its community engagement, from providing jobs to prison inmates to creating a supportive environment for single mothers. Robledo emphasizes a people-centric approach, fostering a diverse, self-driven, and family-oriented culture. Robledo's vision goes on to extend beyond borders in a thriving collaboration with FedEx Express Latin America & Caribbean HQ to enhance healthcare interiors internationally. Steve Grossman, CEO of ICIC, celebrated Cube Care's journey as a profound illustration of global entrepreneurship and community impact. Cube Care’s recognition as a multi-year IC100 Award winner reflects its commitment to inclusive economic development, celebrating resilience, collaboration, and the positive impact of entrepreneurship. The company's story is an inspiration, showcasing that success is measured not just in profits but in the transformative impact a company can make locally and globally. Read More
Navigating Entrepreneurial Perseverance and Success: Diana Villegas and Nova Driving School
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
Catalyzing Communities: The Role of Anchor Institutions in Building Inclusive Economies for Health Equity
ICIC attended the recent Healthcare Anchor Network (HAN) gathering in Los Angeles, focused on building health equity through inclusive local economies. Anchor institutions play a critical role in cultivating health equity through inclusive local economies. Small businesses emerge as key players in narrowing the racial wealth gap and driving job creation. The fundamental importance of community partnerships and trust-building with grassroots organizations forms a dynamic "virtuous circle." This interconnected network involves community residents, small businesses, non-profits, technical assistance providers, capital facilitators, and anchor institutions. Successfully navigating this complexity demands skills like listening, patience, and a sustained commitment. Challenges include reconciling cost-sensitive anchor procurement with the imperative of supplier diversity for lasting local impact. Anchor institutions, with substantial purchasing power, stand out as pivotal, urging the need to unlock their potential beyond current limits. Capacity building and innovative supply chain financing strategies take center stage, emphasizing a focus on long-term positive change. Ultimately, anchor institutions can serve as catalysts for profound and sustainable community change, underscoring the importance of a commitment to a long-term journey. Read More
ICCC New Jersey: Governor Murphy’s Leadership Drives Successful Partnerships
The Inner City Capital Connections (ICCC) program in New Jersey has achieved significant success by forging partnerships with key stakeholders. Governor Phil Murphy's endorsement and support, along with collaborations with organizations like Santander Bank and the New Jersey Economic Development Authority (NJEDA), have driven a 40% increase in attendance for the program, making it the largest in-person gathering in several years. These partnerships aim to empower women and minority small business owners, aligning with the program's mission to provide valuable executive leadership training and resources for sustainable growth. ICCC plans to expand its successful model to other states in the future, focusing on innovative programming to support small businesses. Read More