Nonprofit or community organization
Last modified: May 22, 2014, 7:18 PM
The Initiative for a Competitive Inner City is a non-profit research and strategy organization and the leading authority on U.S. inner city economies and the businesses that thrive there. Founded in 1994 by Harvard Business School Professor Michael Porter, ICIC expands inner city economies by providing businesses, governments and investors with the most comprehensive and actionable information in the field about urban market opportunities. ICIC's unique knowledge and expertise about inner city success factors and thriving companies is developed from specialized urban networks and path-breaking research. In September 2012, ICIC announced a strategic alliance with Next Street, the first merchant bank for urban enterprise, to accelerate the implementation of economic development strategies in low-income areas of U.S. cities.
For more information about ICIC, visit: www.icic.org