• Understanding Companies
  • Influencing Decision Makers
  • Analyzing Cities
  • Stimulating Capital Flow
  • Recognizing Success
  • Supporting Business Leaders

Inner City 100: A Ten Year Perspective

The Inner City 100 is a national competition to identify, celebrate and support the one hundred fastest-growing inner city companies across the U.S. ICIC recently examined the business practices and characteristics of these growing firms and the entrepreneurs who run them in order to identify the traits of successful urban businesses and the factors influencing their growth.

Among the key findings, the study shows that Inner City 100 firms created more than 63,000 new jobs, while the inner city overall lost 50,000 jobs in a decade. In addition, Inner City 100 firms experienced lower employee turnover rates (16%) than the national average (50%). Almost 80% of Inner City 100 CEOs have a bachelor’s degree or higher, a figure that is greater than the 40% of degree holders among all U.S. small business owners.

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