The big impact of Small Business Forward grantees
As a proud partner of JPMorgan Chase’s Small Business Forward initiative, we annually evaluate the performance and impact of a dynamic group of incubators and accelerators throughout the U.S. that are supported by the initiative. In 2016, the 12 grantee organizations helped nearly 1,400 businesses raise over $178 million in capital, generate $136 million in revenue, and receive 241 new patents. The businesses collectively employed over 3,200 people (with 27% being local hires), and paid $142 million in wages. Learn more about the impact of the grantee organizations and the businesses they support: Read more.
Here’s what happens when urban entrepreneurs learn to craft powerful pitches for investors
On November 16-17th Inner City Capital Connections (ICCC), one of ICIC’s Urban Business Initiatives, held its annual culminating conference at Columbia University. Through education and training, ICCC increases the flow of capital to urban businesses and underserved communities and helps firms achieve sustained growth. Learn about the impact it has had on urban economies and job creation in it’s 11-year history. Read more.
How an unlikely trio in Detroit grew into the 4th fastest-growing inner city business in the country
If you told college freshman Alex Riley that he would one day open a staffing company, he probably would have laughed. Find out how Alex and his two business partners gave MeritHall, a 2016 Inner City 100 winner and business with more than $5 million in annual revenue, an unlikely start in Detroit. 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. Check out what the outstanding 2016 honorees have been up to since the Awards and Conference. Read more.
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