Report: EB-5 Program Has Untapped Potential to Drive Foreign Capital into Distressed U.S. Inner Cities
Reprinted with permission.
Founded in 1994 by Harvard Business School Professor Michael Porter, the Initiative for a Competitive Inner City (ICIC) is the leading authority on inner-city economic development with a reputation for effectively helping cities to develop strategies that capitalize on a community’s unique competitive advantages. ICIC has advised over 50 cities across the U.S. on economic development since its inception. ICIC’s mission is to promote economic prosperity in America’s inner cities through private sector engagement that leads to jobs, income, and wealth creation for local residents.
ICIC’s unique knowledge and expertise about high-growth firms are developed from specialized urban networks and path-breaking research. ICIC has analyzed and worked with urban small businesses for over 15 years through three urban business initiatives: Inner City 100, Inner City Capital Connections, and partnering with Goldman Sachs on 10,000 Small Businesses.