The "Breaking the Glass Bottleneck: The Economic Potential Of Black And Hispanic Real Estate Developers And The Constraints They Face" report is the latest from Grove Impact and ICIC, with crucial funding from the Siegel Endowment. With first-of-its-kind research on the stark representation crisis in real estate development today, it demonstrates the enormous economic potential of increasing diversity throughout the field.Read the Report New York Times Article
In keeping with the Women’s History Month (WHM) theme of “Celebrating Women Who Tell Our Stories,” ICIC is highlighting women-owned businesses that are helping to tell women’s stories–especially the stories of women in entrepreneurship.READ MORE
Building for Growth (BFG) is a national, online tuition-free executive education program that helps BIPOC- and woman-owned construction contractors build capacity and develop sustainable growth strategies that position their businesses to increase revenues and profits. In 2023, ICIC is running two BFG cohorts: a Western Region cohort (April 25 start date) and a National cohort (July 26 start date).Apply Now Nominate Today Learn More
Chicago ICAN members and their guests are invited to join us for an interactive evening of networking and building strategic alliances. The session will be led by Dr. Susan Perkins, a longtime Inner City Capital Connections (ICCC) instructor and Visiting Associate Professor of Strategic Management at NYU Stern School of Business.Register
We’re excited to announce that we’re now accepting applications and nominations for the 25th annual IC100 awards.
Every year since 1999, ICIC has identified and celebrated the 100 fastest-growing businesses in under-resourced communities across the nation. The Inner City 100 (IC100) awards are published annually and will be unveiled during the Awards Ceremony at the ICIC Annual Conference in December 2023.
Questions? Email us at InnerCity100@icic.org.
In this year’s report, you’ll read many success stories about businesses of different sizes in various industries. While each is unique, all illustrate the power of partnership, the importance of collaboration, and the impact of ICIC in communities across America. ICIC’s partners have endured monumental challenges in recent years, and have overcome them. We’re proud to deliver reports about many fantastic companies open for business—and growing.Impact Report
The fourth and final in its series, How the Coronavirus Recession and Recovery Have Affected Businesses and Jobs in the 100 Largest Metropolitan Areas, this report summarizes the key findings of Initiative for a Competitive Inner City (ICIC)’s analysis of the most detailed and comprehensive information about what has happened to businesses and jobs in these metros from the onset of the pandemic. To download the full report and access the accompanying data dashboard visit the link below.LEARN MORE
Anchor institutions are large or otherwise influential organizations that participate in community engagement activities and have relatively deep roots in (are unlikely to move from) their communities. This report, made possible by funding from the Robert Wood Johnson Foundation, explores the motivations and strategies of for-profit corporations’ engagement as anchor institutions with lower-income communities.READ MORE
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.
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.
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
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.
Chicago Inner City Alumni Network (ICAN) members and their guests are invited to a Strategic Alliances session.
Asian poverty is often overlooked. The model minority myth describes Asian Americans as uniformly affluent and educated. Yet many Asian American and Pacific Islander (AAPI) groups have high poverty levels. Treating Asian Americans and Pacific Islanders as one uniform group fails to recognize the diversity in poverty rates among ethnic groups and ignores the many AAPI groups in which poverty is a major problem. Read More
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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