What's New at ICIC

Regional Economic Connectivity: A Strategy to Build Opportunity in Distressed Communities

This report by ICIC and SRI describes regional economic connectivity as an economic development strategy for under-resourced communities.

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What's Your Why?

To commemorate ICIC’s three decades of fostering economic growth and opportunity in underserved communities through groundbreaking research and programs, we are asking program participants, funders, nominators, and staff, “What’s Your Why?” Members of our ecosystem are responding by sharing what motivates them and how their “why” connects them to ICIC. These varied and impactful stories help us to reflect on our journey, fuel our mission, and shape our future.

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Our 2023 Impact Report is Here!

We are delighted to present ICIC’s Annual Impact Report – which showcases transformational journeys and the grit and determination of small business owners. The work of ICIC is more than just a commitment; it is a dedication to creating jobs, income, and wealth for local residents in underserved communities throughout North America. Through this report, we reunite with entrepreneurs who are the heart of the small business community and reflect on their inspirational stories, which give us a renewed energy to execute our charge. As we unveil our yearly Impact Report, it is a moment to celebrate small businesses, often the unsung heroes of our economy.

Impact Report

Supporting Small Business Growth

ICIC offers seven tuition-free development programs that serve small businesses throughout their lifecycle—from startup to succession. Learn more about how our programs can help your small business grow.

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Breaking the Glass Bottleneck

Grove Impact and ICIC released a first-of-its-kind report that documents the many constraints Black and Hispanic real estate developers face and demonstrates the enormous economic potential in removing these barriers. "Breaking the Glass Bottleneck: The Economic Potential of Black and Hispanic Real Estate Developers and the Constraints They Face" explores how catalyzing greater diversity in the real estate industry could address long standing inequities.

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The Authority on Inclusive Economic Prosperity

Initiative for a Competitive Inner City (ICIC) drives inclusive economic prosperity in under-resourced communities through innovative research and programs to create jobs, income, and wealth for local residents.

Founded in 1994 by Harvard Business School Professor Michael Porter, the Initiative for a Competitive Inner City is a national nonprofit research and advisory organization and the leading authority on U.S. under-resourced economies and the businesses that thrive there.

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Learn More About ICIC

Work with ICIC

Underserved communities are rich with opportunity. We help business, government and philanthropic leaders leverage local assets to transform communities. Our research team has helped to shape economic development strategies in more than twenty inner cities.

ICIC delivers the knowledge and the know-how to achieve sustainable economic and job growth.

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Support ICIC

Whether supporting one of our high-impact urban business programs or the entire organization, our partners know they are choosing to support an organization dedicated to transforming inner cities across the country. Our partners include Bank of America, Chevron, Kaiser Permanente, various foundations and individual donors.

Learn how you can support ICIC’s work

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What is an Inner City?

Inner cities are distressed urban and suburban areas of concentrated poverty and low income. Inner city residents represent 14% of the population—that’s 45 million people. Of U.S. residents living in poverty, 31 percent live in inner cities.

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Events

04-04-24

ICAN California Small Business Mixers

Join ICIC’s Alumni Network in California for small business socials and Building for Growth Information Sessions.

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Blog

04-03-24

Connectivity: A New Place-Based Strategy for Distressed Communities

ICIC

Regional economic connectivity is an economic, workforce, and community development strategy that focuses on industry clusters that are thriving in the broader region and establishing them within under-resourced communities (URCs). To better understand how well and under which circumstances distressed communities benefit from regional economic connectivity, ICIC and SRI examined geographic patterns of industry cluster employment in 181 metropolitan areas using a combination of data analysis and case study evidence. The result of this study is the new report Regional Economic Connectivity: A Strategy to Build Opportunity in Distressed Communities. Findings in the report indicate that URC economic connectivity is more prevalent in small and medium-sized metropolitan areas, suburban URCs, clusters that are highly specialized regionally, manufacturing-based clusters, clusters with low educational requirements for entry-level workers, and lower-wage clusters. The report also indicates a significant opportunity for economic developers and their partners to target asset development and other strategic investments to grow regionally strong clusters in URCs. Read More


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ICIC drives inclusive economic prosperity in under-resourced communities through innovative research and programs to create jobs, income, and wealth for local residents.

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Phone: 617-238-1740

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