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100 Fastest-Growing Inner City Businesses

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The Initiative for a Competitive Inner City (ICIC), founded by Harvard Business School Professor Michael E. Porter in 1994, defines inner cities as core urban areas with higher unemployment and poverty rates and lower median incomes than their surrounding metropolitan statistical areas. Every year, ICIC identifies, ranks, andspotlights the 100 fastest-growing businesses located in America’s inner cities. In 2015, companies were ranked by revenue growth over the five-year period between 2010 and 2014.

ICIC relies on a national network of nominating partners, including city offices, economic development organizations, and small business development corporations, to find many of the businesses that appear on this list. Key partners in 2015 were Staples, Chevron, City of Oakland, Detroit Economic Growth Corporation,JumpStart, and World Business Chicago. This list was audited by the independent accounting firm Rucci, Bardaro, and Falzone, PC.

From a Philadelphia glass blowing outfit, to an Oakland-based 3D printing shop, and a high-end Brooklyn chocolatier, America's urban core is filled with a wildly diverse array of fast-growing businesses. Here are this year's 100 fastest-growing inner city companies, as ranked by the Initiative for a Competitive Inner City.

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Caduceus Healthcare

Of all the lessons Caduceus Healthcare CEO Carlos Lopez learned during his 20 years in the Marine Corps, one really stuck with him: Always take care of each other. Lopez connects workers with employers and guides them through the particulars of working in a military hospital or other federal institution. Based in downtown Atlanta, Caduceus regularly recruits interns from nearby Georgia State University. As the company continues to grow and diversify into the commercial sector, Lopez says he and his team will do their best to maintain their culture of loyalty and dedication to one another.

Company Information

Five-Year Growth Rate (%) 1856%
2014 Revenue $13.86 million
HQ Location Atlanta, GA
Company Owner Carlos Lopez
Owner Title CEO

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