Resources for Inner City CEOs
Capital, know-how and the tools to succeed
Know-how from ICIC
The most successful inner city companies have figured out how to succeed in both advantageous and challenging environments. In fact, a higher percentage of them are actually located in the 50 slowest-growing inner city areas in the U.S. ICIC has spent a decade analyzing the business factors that make a difference in the inner city.
ICIC has learned what more companies need to succeed:
- Utilize capital resources to grow your business. Capital access is a hurdle even for elite inner city entrepreneurs. Inner city companies are nearly five times more likely than others to finance growth through personal assets, friends and family. This resource guide outlines the full spectrum of capital programs and resources, along with associated eligibility requirements, available for growing small businesses. Download guide.
- Break through to bigger corporate procurement contracts. Only 25% of inner city companies target decision-makers in the three largest procurement opportunities: corporate, university and medical centers. This briefing paper provides owners of small, minority- and women-owned firms with five proven strategies to win contracts. Download article.
- Leverage anchor institutions to grow your business. Anchor institutions are large educational, medical or cultural organizations that are deeply rooted in their local geographies and economies. Understand how to utilize anchors to grow your revenues significantly, recruit and train employees and access low-cost, world-class advisory and consulting services to build business capacity. Download guide.
- Learn from and connect with other successful urban entrepreneurs. Fast-growing firms on ICIC's Inner City 100 list reveal some critical success factors for inner city businesses. Maintaining continuity in a downturn and taking advantage of inner city assets are among the surprising findings. Download paper.
Expertise from business leaders
ICIC's monthly CEO Series is a free, interactive webinar with senior executives who share their unique expertise. Focusing on a different topic each month, from pricing to marketing to financing options, these discussions will help your company succeed in today’s urban marketplace.
Join Stew Friedman, Practice Professor of Management at Wharton, for our next CEO Series Webinar: Leading the Life You Want: Skills for Integrating Work and Life.
DOWNLOAD CEO SERIES PRESENTATIONS FROM THE ICIC LIBRARY:
For more additional resources and information, visit our Links to Online Resources section.