INNER CITY 100, 2012
On Wednesday May 9th, 2012, over 500 urban business owners and leaders from both the public and private sectors converged in Boston for a full day of executive education and the unveiling of 2012’s Inner City 100 list. Published in Fortune, the Inner City 100 is a list of the fastest-growing urban businesses in America. With everything from craft beer distributors to green consultants, this year’s list and the event that unveiled it have shown the inner city to be remarkably vibrant. As ICIC Founder and Chairman Michael E. Porter said at last night’s event, “Nothing makes me as hopeful about America’s future, out of all the things I do, as this event and these companies.”
This year’s Inner City 100 boasts a stunning 577% average growth rate over the last 5 years. These firms created nearly 5000 new jobs and grossed $1.5 billion in revenues, all while employing 40% of their workforces from within the inner city. Showcasing their stories proves the rationale behind ICIC’s mission – inner cities have unique competitive advantages that can allow companies to be wildly successful if they take advantage of them. Number 22 Gelato Giuliana for instance took advantage of New Haven’s status as a transportation hub to grow the company over 50% per year since 2006. 2012 Diversity Award winner Intelect Corporation (#96) retrofitted a former broom factory to service their IT needs to great success. Examples abound of companies using transportation hubs, reusing old industrial buildings, and taking advantage of their city’s central locations to outdo their competition.
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| Dr. Michael E. Porter Professor at Harvard Business School, Founder and Chairman, ICIC and Mr. Ross Avedissian Founder and CEO, ColorFX, Inc. | Symposium Grand Ballroom Sheraton Boston |
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| Mrs. Mary Kay Leonard President and CEO, ICIC with Mr. Ross Avedissian CEO, ColorFX | Mr. Alex Rodriguez Senior Analyst, ICIC with Mr. Ross Avedissian in appreciation of hard work and best service provided by ICIC staff. |
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| The announcement of the 2012 InnerCity100 names by 2 honorary guests of long time sponsors. | INNERGIZE your city and CREATE More jobs for your city. |
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| Mr. Ross Avedissian carrying ICIC-2012 94th winner trophy. | Mr. Patel and Mr. Avedissian appreciating New CEO’s Networking. |
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| Dr. Michael E. Porter and Mr. Ross Avedissian receiving ICIC-2012 Award Trophy. | Symposium Attendee Badges |
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