About ICIC
Established in 1994 by Harvard Business School Professor Dr. Michael E. Porter,
ICIC is a national nonprofit that
drives inclusive economic prosperity in under-resourced communities through innovative research and programs to create jobs, income, and wealth for local residents. About the Inner City 100
Every year since 1999, ICIC has identified and celebrated 100 of the fastest-growing businesses in under-resourced communities across the nation. The
Inner City 100 (IC100) awards are published annually and will be unveiled at ICIC’s National Conference in December 2021.
Winning companies will be selected based on revenue growth over a four-year period (2017-2021).
Because of generous financial contributions of Chevron and FedEx,
there are no fees associated with this award program.Award Benefits:
- National recognition in media outlets
- An expansive community of successful entrepreneurs
- Three days of impactful executive education at the ICIC National Conference and recognition at the IC100 Award ceremony on the last day (December 9th)
To be eligible for an IC100 award, a business/owner must
- Be an independently-operated company (not a subsidiary or division of another company) that was incorporated by January 2017 and have recorded a full-year of revenue in 2017
- Be a privately-owned, for-profit company that is not a bank or holding company
- Be headquartered in an under-resourced community *
- Have revenues of at least $50,000 in 2017 and have grown to at least $500,000 in 2021 and be the same legal entity throughout those four years **
* ICIC defines an urban, under-resourced community as an area of concentrated poverty within cities with a population greater than 75,000.
Additionally, IC100 winners are catalysts of opportunity, optimism, and transformation in under-resourced communities. Thus, businesses or owners that are currently under criminal conviction or engaged in or supporting any activity that is illegal under federal, state, local law are not eligible. Similarly, businesses engaged in activities that are harmful to the local community (e.g. predatory lending) are not eligible.