Raining Rose Inc. Among ICIC and FORTUNE's Inner City 100 Winners
Annual ranking showcases the 100 fastest-growing urban businesses in America
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The list is proof of the concept that doing business in an inner city area holds a distinct competitive advantage. ICIC has been studying the economic condition of the largest 100 American cities for more than a decade and is working to revitalize inner cities across the country.
Highlights of the 2013 Inner City 100 include:
- Employ 10,391 workers (48 percent inner city residents; 20 percent immigrants; and 37 percent minorities)
- Created 5,863 new jobs in the last five years
- 28 percent are woman-owned. Nationally, only 10 percent of companies with over $1 million in annual revenues are woman-owned
- 35 percent are minority-owned. Nationally, only 21 percent of all companies are headed by minorities
- Median company age is 14 years
- Companies generated $23.4 million in revenues on average and $2.3 billion in the aggregate.
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- Companies:
- Raining Rose
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