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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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  2. Five-Year Growth Rate (%)
  3. 2015 Revenues ($M)
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100.

Fennick McCredie Architecture

Courtesy of Fennick McCredie Architecture

Fennick McCredie Architecture (FMA), located in the Downtown Crossing area of Boston, is a diverse group of award-winning architects and designers. The firm understands the need to balance the ideals of place-making, community building, and sustainable design, with the realities of building performance, constructability, schedule, and budget. People are the center of FMA’s work: clients, user groups, neighbors, visitors, partners, creative collaborators, and the public. Because of FMA’s commitment to the public realm, the work of the practice includes a range of project types that are civic in nature and supportive of public life: from transportation and infrastructure architecture to cultural and educational venues.

Company Information

Five-Year Growth Rate (%) 107%
2015 Revenues ($M) $6.75
HQ Location Boston, MA
Business Leader(s) Deborah Fennick and Jonathan McCredie
Title Principals

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