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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, and spotlights the 100 fastest-growing businesses located in America’s inner cities. In 2017, Companies were ranked by revenue growth over the five-year period between 2012 and 2016.

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 2017 were Staples, Chevron, FedEx, Kaiser Permanente, City of Oakland, Baltimore Development Corporation, Blackstone Entrepreneur’s Network, Urban League of Louisiana, World Business Chicago, Team JXN, and the Hispanic Chamber of Commerce of Greater Kansas City. This list was audited by the independent accounting firm Rucci, Bardaro, and Falzone, PC.

From an organic candy shop in Oakland, Calif. to a towing company based in Texas, there is a wide swath of businesses thriving in America’s urban centers and creating jobs where they are needed most. Here are this year's 100 fastest-growing inner city companies, as ranked by the Initiative for a Competitive Inner City (ICIC).

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Clason Point Partners

Courtesy of Clason Point Partners Inc

Clason Point Partners provides IT, logistics, administrative, and acquisition support services to both government and commercial clients. Under the dynamic leadership of Albert Cruz and Raul Collado, this government-services provider has been able to grow immensely over the past five years—skyrocketing from annual revenues of $100,000 to over $4.5 million in only five years. Cruz and Collado use each project as an opportunity to showcase their dogmatic commitment to quality and customer service” with a results-oriented focus on efficiency. Additionally, they aim to provide CPP employees with a fair compensation package and create an environment of respect for one another and pride in the work that they do. Looking ahead, Cruz and Collado are working towards maintaining the firm’s growth while effectively managing the resulting changes.

Company Information

Five-Year Growth Rate (%) 3828.24%
2016 Revenues ($M) $4.55
HQ Location Yonkers, N.Y.
Business Leader(s) Albert Cruz, Raul Collado
Title President and Founder, Vice President and Co-Owner

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