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11-20-24

Exploring Inequities in Small Business Success: Using ICIC and Small Business Majority’s Interactive Tool to Describe Small Businesses in Your Community

Miles Chandler and Devon Yee, Senior Research Associates at ICIC

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


11-15-24

Celebrating Resilience and Service: A Veteran’s Journey from the Air Force to Entrepreneurship

ICIC

Colleen Middleton’s path from the U.S. Air Force to successful business owner reflects the deep military legacy in her family and her own drive to serve. Inspired by her brothers, both Marines, Middleton enlisted in the Air Force and dedicated six years to military service. After her service, she moved into corporate accounting but, in 2020, pivoted to start her own trucking business. When health challenges and setbacks arose, her determination and a timely nomination to ICIC’s ICCC program helped her reassess her business direction. Supported by the ICCC staff and fellow entrepreneurs, Middleton has expanded Excerebus to pursue government contracts, creating job opportunities for veterans and launching the Excerebus Foundation to aid homeless veterans. “The ICCC staff are incredible—they weren’t just there to guide me through the program; they genuinely cared about my journey and my success,” Middleton shared. Her story is a powerful reminder of the resilience and purpose veterans bring to business, a strength now reinforced by her ICCC journey and the support of partners like FedEx. Read More


11-11-24

What’s Jack’s Why? Inspiring Change

ICIC

Jack Smith, a former Air Force programmer turned CEO of Fortuna Business Management Consulting, is on a mission to empower veterans through meaningful careers. His journey, supported by the Inner City Capital Connections (ICCC) program, reflects resilience, innovation, and a deep commitment to community. Fortuna was built with a clear purpose: to create quality jobs for veterans, their spouses, and reservists, while upholding the highest standards of consulting services. ICCC’s resources and the IC100 award have been instrumental in Fortuna’s growth, helping Smith scale his company rapidly and inspire future entrepreneurs. With four IC100 awards under his belt, Smith’s vision is clear—continue impacting lives, building partnerships, and proving that "good people can win." Read More


10-23-24

United for Growth: A Look Back at the D.C. & Baltimore Alumni Networking Events with M&T Bank

Ivana FIndlay

At ICIC, our commitment to supporting small business owners remains strong. In collaboration with M&T Bank, we recently hosted two dynamic networking events in Washington D.C. (September 24) and Baltimore (September 26). We welcomed more than 60 attendees at each event, fostering vibrant spaces for connection and relationship-building. Months of planning culminated in a seamless experience. Attendees not only engaged with one another but also enjoyed exciting giveaways, from business growth tools to a signed Baltimore Ravens helmet. The feedback was overwhelmingly positive, with attendees rating their experience an impressive 4 out of 5. They reported making an average of five new business connections, highlighting the events' effectiveness in nurturing relationships within the community. As Greg Smith from M&T Bank noted, our collaboration aims to enhance financial education for small business owners, ensuring they have the tools they need to succeed. These events exemplify what can be achieved when organizations unite for a common goal. We look forward to ongoing partnerships that continue to empower small businesses and foster lasting connections. Read More


10-16-24

What’s Sergio’s Why? Generational Success

ICIC

Sergio Espinoza, founder of Manka Food Service Consulting and Design, is a shining example of how dedication, culture, and community focus can fuel entrepreneurial success. Starting as a small business providing Spanish-language food safety training, Espinoza expanded Manka into a thriving company that offers consulting, kitchen design, and project management services to food businesses. His deep connection to the Latinx community, alongside his commitment to generational success, is at the heart of his mission. An alumnus of the Inner City Capital Connections (ICCC) program, Espinoza credits ICCC with helping him secure vital access to capital and business resources, empowering him to scale his company. In recognition of his success, he was honored as an IC100 award winner, a moment he describes as a validation of his hard work and impact. Today, Espinoza continues to support other Latinx entrepreneurs, helping them navigate the challenges of starting and growing their food businesses. His inspiring journey is a testament to the transformative power of entrepreneurship and community support. Read More



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