The Boston-based Initiative for a Competitive Inner City has been helping urban entrepreneurs and inner-city businesses for 20 years. For the last 15, the organization’s signature event has been the Inner City 100 Symposium and Awards.
Innovative thinking and continual belt tightening are keys to success.
Five years on from the official end of the Great Recession, a slow-growing U.S. economy has emerged. While many businesses have righted the ship from the toughest days, many small businesses are merely plodding alone, but small business experts are optimistic and suggest that entrepreneurs who showcase innovative thinking and continual belt tightening will make their businesses even stronger. Keywords: Small businesses, economic downturn, Great Recession, growing economy, business growth, improve the bottom line, increasing sales, profit margins
Women of color have become the driving force of the rise in women-owned firms in the United States. According to reports, they are doing so despite more obstacles and are driven to entrepreneurship as a result of structural limits in the traditional workforce.
The U.S. Department of Commerce Minority Business Development Agency is targeting minority business owners and offering a boost to their bottom line by taking part in the National Minority Enterprise Development Week Conference 2014.
In what N.Y. Gov. Andrew M. Cuomo is calling a big win for the downtown business district of Buffalo, equipment financing firm Blue Bridge Financial — after considering out-of-state-options — has decided to set up new headquarters in the historic Electric Tower in Buffalo’s central business district. The move keeps Blue Bridge’s current 12 jobs in the area and will create 71 new jobs over a five year period.
On June 17, the Office of Advocacy, an independent office within the U.S. Small Business Administration, released a report entitled “Small Business Profiles for the States and Territories,” an annual analysis of each state’s small businesses.
Tech giant Google surprised many last week by going public with data that showed the Silicon Valley-based company has a long way to go in its diversity efforts
Last week, the U.S. Environmental Protection Agency released the Clean Power Plan proposal, which for the first time cuts carbon pollution from existing power plants, the single largest source of carbon pollution in the United States. The EPA says the proposal will protect public health, move the United States toward a cleaner environment and fight climate change while supplying Americans with reliable and affordable power. But the National Black Chamber of Commerce is concerned the regulations will increase operating costs for business owners.
Global Insights conducted a study of small business owners around the globe.
The company was named by the U.S. Small Business Administration as the “Massachusetts Small Business of the Year.”
The Chelsea, Mass.-based Golden Cannoli Company has received national recognition for its handmade cannoli and fillings by some of the largest distributors and customers in the United States for its handmade cannoli and fillings. This year, the company was named by the U.S. Small Business Administration as the “Massachusetts Small Business of the Year.”