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 Annual Conference in December 2023.
Winning companies' rankings will be based on revenue growth over a four-year period (2018-2022).
Because of the generous financial contributions of Chevron and FedEx,
there are no fees associated with this award program.Award Benefits include:
- National recognition and media coverage
- Networking opportunities with an expansive community of successful entrepreneurs from across the country
- FREE admission to the in-person ICIC Annual Conference with access to impactful executive education culminating in the IC100 Award Ceremony
- An opportunity to have a feature video produced or a story written highlighting your company’s story, successes, and community impact that will be distributed across ICIC’s platform and networks and can be used in your company’s marketing collateral
- A robust communications toolkit to help strategically promote and market your company as a winner of the IC100 award to customers and target audiences
- The opportunity to be paired with a peer mentor to receive strategic guidance and advice to help further your company’s growth goals and objectives
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 2018 and have a full year of revenue in 2018
- 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 2018 and have grown to at least $500,000 in 2022 and be the same legal entity throughout those four years **
* ICIC defines an under-resourced community as an area of concentrated poverty within urban and suburban communities
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, or local law are not eligible. Similarly, businesses engaged in activities that are harmful to the local community (e.g. predatory lending) are not eligible.