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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 2016, Companies were ranked by revenue growth over the five-year period between 2011 and 2015.

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 2016 were Staples, Chevron, JumpStart, Kaiser Permanente, New York City Department of Small Business Services, and World Business Chicago. This list was audited by the independent accounting firm Rucci, Bardaro, and Falzone, PC.

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From a high-tech commercial fishing outlet in Boston to a socially responsible apparel company in Oakland, there’s great variety in the types 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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13.

FATHOM

Courtesy of Fathom

FATHOM is driven by advanced technologies that enhance its customers’ product development processes. The company has changed the way products are designed and manufactured by helping designers and engineers make the un-makeable. By blending additive technologies and materials with legacy manufacturing methods, FATHOM takes companies from concept to prototype to manufacturing in a way that wasn’t previously possible. With manufacturing facilities in Oakland and Seattle offering services nationwide, FATHOM’s vast customer base includes companies spanning industries from aerospace and automotive to medical and consumer goods. FATHOM Co-founders Rich Stump and Michelle Mihevc have a proven track record of integrating cutting edge methodologies before adoption by the wider market and share a passion for providing customers best-in-class equipment, services, and support.

Company Information

Five-Year Growth Rate (%) 816%
2015 Revenues ($M) $13.59
HQ Location Oakland, CA
Business Leader(s) Rich Stump and Michelle Mihevc
Title Co-Founders and Principals

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