The Inner City 100 Conference and Awards leads to a friendship and then a $25 million joint venture
After making the Inner City 100 list in 2016, Bo Menkiti, CEO of The Menkiti Group, and Antwanye Ford, CEO of Enlightened Inc., bonded at the annual conference and awards ceremony in Boston. Their relationship has led to a $25 million joint venture in Washington D.C. to redevelop one of its downtown areas. Learn more about their story on our blog or make your own connections by getting your company on the 2017 Inner City 100 list!
Less food waste, more resilient cities
Supported by The Rockefeller Foundation, new ICIC research begins to integrate what are frequently treated as two separate policy initiatives—food waste and resilience planning. Our report provides a compelling look at the vulnerability of urban food systems that includes an initial inquiry into the potential impact of food waste reduction on the resilience of food systems. In the aftermath of a natural disaster, households that are already food insecure face additional challenges, while other households may become food insecure. Diverting edible food from landfills can increase the availability of meals for the food insecure, while diverting non-edible food can create environmental benefits, both of which strengthen a city’s resilience. Learn more on our blog.
Pennsylvania the latest to try out impact investing
Impact investing is slowly carving out a permanent place for itself in the investment industry, especially as government entities are added to the list of clients eager to see social return on their assets. Pennsylvania is now following in the footsteps of New York City, Washington, D.C. and Massachusetts by putting some of its assets into RBC Global Asset Management’s (GAM) Access Capital Community Investment Fund. Read more.
Three different models of inclusive entrepreneurship all have one thing in common
Women and minorities are significantly less likely to start businesses than their peers. This is a problem for inner cities, where minorities make up more than two-thirds of the population. In other words, our inner cities are exactly where entrepreneurship is needed most. A number of organizations have launched initiatives aimed at increasing the number of women and minorities in the entrepreneurial ecosystem. Read more.
ICIC On the Move
Paving a Path to Growth: Atlanta 2017: Company culture can drive employee loyalty and engagement, but according to the CEO of 2016's #1 Inner City 100 company, it can also drive success. On February 8th, ICIC and Staples brought together business leaders in Atlanta to learn how Carlos Lopez, CEO of Caduceus, has developed his company's culture to drive its extraordinarily rapid growth. Read more.
- Babson Black Affinity Conference: ICIC's CEO, Steve Grossman, spoke about the importance of creating entrepreneurship and economic opportunity on February 24th. Learn more.
Announcements & Careers
- Get your #smallbiz recognized: Each year we rank the country's 100 fastest-growing inner city businesses, a list published annually in Fortune. If you are or know a fast-growing inner city business, apply or nominate for the 2017 IC100 list today!
- Celebrating Black History Month: To celebrate Black History Month, we shared success stories of some of the African American entrepreneurs and business owners who have participated in our programs. You can still read about their inspiring journeys in our story gallery.
- Cupid's Cup Entrepreneurship Competition: As the national partner of the Goldman Sachs 10,000 Small Businesses program for outreach and selection, we’re helping them spread the word about the 12th Annual Cupid's Cup at Northwestern University on March 30, 2017! Learn more and register here.
- Join our team: ICIC is hiring at multiple levels! These Boston-based positions provide an opportunity to join a dynamic and professional team working to address important inner city business and economic development issues. View our other open positions.
Sponsors of the Inner City 100 Conference and Awards