On October 30, 2023, Mayor Wu and eight local economic development leaders, including ICIC, signed the Compact to Build Local Economic Growth, marking a groundbreaking initiative for Boston's economic development. This transformative compact signifies the City of Boston's commitment, in collaboration with partners like ICIC, to elevate awareness, engagement, and opportunities for local minority-owned enterprises, woman-led businesses, veteran-owned businesses, and LGBTQ+-owned businesses. Beyond business transactions, the Compact underscores the profound community benefits of supplier diversity, emphasizing economic resilience, empowerment, and the creation of a more inclusive and thriving environment. The Compact's strategic principles, ranging from awareness and certification to engagement, policy, and transparency, set the stage for a future where diverse businesses contribute significantly to Boston's economic growth. ICIC, proud to be among the participating organizations, reinforces our dedication to fostering economic growth, creating generational wealth, and offering opportunities for local businesses. As the City and its partners implement the outlined principles, a more inclusive, diverse, and economically vibrant future is on the horizon. Read More