Transforming thinking

• Since the publication of "The Competitive Advantage of the Inner City" in the Harvard Business Review in 1995, there are over 6,000 articles that reference "inner city" and "competitive" simultaneously.
• In the nonprofit sector, foundations and community organizations are focusing on market-driven approaches and universities are establishing inner-city programs.
  

Engaging leadership

• Powerful partnerships with leading corporations in the United States, including Bank of America, The Boston Consulting Group, Merrill Lynch, PricewaterhouseCoopers, and Staples.
• ICIC’s partnership with the Economic Development Administration on the Brooklyn engagement and State of the Inner City Economies.
• ICIC’s partnership with the Small Business Administration to develop an advanced technical assistance and mentorship program that will support emerging companies in inner cities.
• ICIC's Partnership with the U.S. Conference of Mayors (USCM) on the "competitive assets of cities" is serving as a model for inner city business expansion under civic leadership at the highest and most widespread level.

Harnessing opportunities for business development:

• City strategies developed in collaboration with 150-200 local business and civic leaders throughout the United States in St. Louis, MO; West Louisville, KY; five cities in Connecticut; Milwaukee, WI; Brooklyn, NY; Newark, NJ; Reading, PA; Akron OH, among others.
• Many Fortune 1000 companies are aware of the strategic significance of inner-city opportunities, particularly in retail.
• The Inner City 100 list and the annual Inner City 100 Summit have produced deal flow for participating companies, introducing funding sources and opportunities for new ventures.
  

Driving public & private investment

• Retailers and banks, like Home Depot, Johnson Development (Magic Johnson Theaters), Old Navy, Merrill Lynch and Bank of America are branching out to inner city locations recognizing the new “road to success”.
• Over $2 billion in equity funds have been committed to domestic emerging markets using ICIC’s theories and data. Funds include, Bank of America, CalPERS, Citibank, Credit Suisse First Boston, J.P. Morgan/Chase, Met Life, MONY Life Insurance and Prudential to name a few.
• In the public sector, new approaches are being implemented: 
        Nationally, New Markets Tax Credit Initiative.
        Locally, the City of Boston’s BackStreets program.
  

Building critical mass

• ICIC’s mission to bring about sustainable change led to the creation of the Inner City Economic Forum in 2003.
• The Forum, a collaboration of close to 300 leaders from the public and private sectors, universities and non-profit foundations from across the nation, holds an annual summit in the fall of each year.
• The Forum’s strategic partners include the ICIC, Bank of America, the Heron Foundation, The Rockefeller Foundation, and The Ford Foundation.
  

The Team

ICIC’s team of 20 is led by Founder and CEO Michael E. Porter. ICIC’s nationally recognized Board of Directors includes CEOs, mayors, scholars, venture capitalists, and community leaders