Blog: Small Business
Benchmarking Metrics for High-Tech Incubators and Accelerators
Despite the proliferation and growing support for incubators and accelerators, especially in the technology sector, data and research measuring their performance is surprisingly limited. Some incubators and accelerators simply don’t capture any data on their programs or the businesses they support. And those tracking robust performance metrics often lack benchmarks ... Read More
How an unlikely trio in Detroit grew into the 4th fastest-growing inner city business in the country
Learn how MeritHall, a 2016 Inner City 100 winner and business with more than $5 million in annual revenue, got an unlikely start in Detroit. Read More
The Big Impact of Small Business Forward Grantees
In 2016, 12 of the nation’s most innovative incubators and accelerators were awarded funding from JPMorgan Chase’s Small Business Forward initiative to support their growth and the growth of the small businesses they support. In sectors ranging from food to clean energy to water technology, the grant recipients are moving the needle in terms of job and wealth creation in over 10 cities in 8 states. Read More
Keeping pace: Inner City 100 companies see continued success after being named among the nation’s fastest growing urban businesses
Every year at ICIC we honor the Inner City 100 (IC100), a list of the fastest-growing inner city businesses in America. Here's what the outstanding 2016 honorees have been up to since the Awards and Conference. Read More
Northeastern’s “Impact Lending” program shows how universities can support inner city businesses and bolster local economy
Last month Northeastern University announced it was committing $2.5 million in seed funding for a newly created “Impact Lending” program, offered in conjunction with LISC Boston. The seed money will capitalize a $6.5 million revolving loan fund (RLF), and the RLF will enable LISC to provide $1,000 to $1 million loans to women- and minority-owned small businesses located in or around Northeastern University. Read More