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100 Fastest-Growing Inner City Businesses

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Methodology

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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47.

Keller Williams Capital Properties

Courtesy of Keller Williams Capital Property

Keller Williams Capital Properties (KWCP) is one of the fastest growing real estate brokerages in the Washington, D.C. Metro area with five offices throughout DC, Maryland and Virginia. KWCP is committed to empowering agent entrepreneurs to build careers worth having, businesses worth owning, and lives worth living. They do this by delivering world class training and education, wealth-building opportunities, and an award-winning culture. As CEO, Mr. Menkiti has grown Keller Williams Capital Properties to more than 900 agents, recording the second fastest growth rate out of all brokerages nationwide over the past five years (Real Trends).

Company Information

Five-Year Growth Rate (%) 270%
2015 Revenues ($M) $52.76
HQ Location Washington, D.C.
Business Leader(s) Bo Menkiti and Brandon Green
Title Founder and CEO (Menkiti); Managing Partner (Green)

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