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Introducing the new ICIC.org

Have you seen our website's new look? We hope the new website will more clearly express ICIC’s work and accomplishments through our research and urban business initiatives. The site is designed for intuitive navigation, and its responsive design will allow for easier viewing on mobile devices. We invite you to explore the site.


Revisiting the Promise of Inner City Economies

May’s special issue of Economic Development Quarterly (EDQ) publishes the complete research that was presented at our 2015 Inner City Economic Summit in Detroit. The issue revisits a 1997 article, “New Strategies for Inner-City Economic Development,” authored by ICIC’s Founder and Chairman, Harvard Business School Professor Michael Porter. It features a commentary by Professor Porter and new papers by several leading researchers including ICIC’s Senior Vice President and Director of Research, Kim Zeuli, who served as a guest co-editor for this special issue. Preview the research on our blog and view the special issue on EDQ's website.


Key Findings from Year One of Small Business Forward

ICIC is a partner on JPMorgan Chase’s Small Business Forward, a five-year, $30 million initiative to support small businesses. In the first year of the program, nine organizations (most of them incubators and accelerators) were awarded funds to drive business growth in specific sectors. ICIC conducted a comprehensive analysis of these nine organizations and the businesses they support in an effort to measure their performance and impact. Read about our findings on our blog.


Multi-Billion Dollar Transportation Investment Set to Strengthen Newark Economy

The Port Authority of New York and New Jersey recently voted in favor of a multi-billion dollar capital spending plan that includes an extensive renovation of Newark’s Liberty Airport as well as upgrades to the Midtown Manhattan Bus Terminal, a key connection point for New Jersey commuters. As outlined in a recent blog post, the results for Newark’s economy are likely to be significant. Read more.


ICIC on the Move

  • On April 21, ICIC’s Kim Zeuli spoke on a panel, “What Can the EB-5 Industry Learn from Alternative Finance Capital Markets?,” at IIUSA’s EB-5 Advocacy Conference in Washington, D.C.
  • On April 28, Senior Research Associate Austin Nijhuis spoke in Boston at the EMW Salon on Tech and Ethics, where he discussed Resilient Food Systems, Resilient Cities, ICIC’s report on the resilience of Boston’s food system.

Announcements & Careers

  • In celebration of Small Business Week, Babson College released the third annual impact report, Stimulating Small Business Growth, for Goldman Sachs 10,000 Small Businesses program. The report highlights progress made by more than 3,500 small business owners over the span of 30 months since completing the program. Six months after graduating, 69% of participants have reported increasing their revenues, which rises to 74% after 18 months and 83% after 30 months. 48% of participants have reported creating net new jobs just six months after graduating, which rises to 56% after 18 months and 61% after 30 months - speaking to sustained impact and long term economic growth. ICIC is proud to be a national partner in this cutting edge work.
  • Amplify your success and steer toward exponential growth! ICIC’s Inner City Capital Connections is a national program with an 11-year track record of helping companies accelerate business growth and access capital. Their alumni have created over 11,000 jobs and secured more than $1.3 billion in capital. After participating in the program, alumni grow an average of 23% and experience a 56% increase in employment. In 2016, the program will be held in 10 cities across the U.S. Learn more and apply or nominate an urban business.
  • Save the date! The 2016 The Inner City 100 Conference & Awards will be held in Boston on September 14. This daylong event is the premiere networking and management education event for fast-growing urban businesses. Stay tuned for more details.
  • ICIC is hiring at multiple levels. These positions are an opportunity to join our dynamic and professional team addressing important issues related to inner city business growth and economic development. View our open positions.
 

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