Press Release

FOR IMMEDIATE RELEASE: November 4, 1999

CONTACT:
Jubi Headley/
USCM
(202) 861-6766 telephone
(877) 744-9337 cell

Deirdre M. Coyle
(617) 292-2646

Time is Running Out!
Has Your City Been Included in the 2000 ICIC-Inc. Magazine Inner City 100?

Conference of Mayors Urges Cities to Get Their Nominations In

Boston, MA — The deadline for nominations for entry to the second annual Inner City 100 is fast approaching. The Inner City 100 is an award that recognizes fast-growing private companies located in America’s inner cities. The deadline for receipt of nominations is Friday, November 12, 1999.

The United States Conference of Mayors has partnered with The Initiative for a Competitive Inner City (ICIC) and Inc. magazine to call for nominations from cities and Mayors across the nation since September. Almost 500 nominations have already been received, and the number is expected to dramatically increase as the deadline approaches.

"The response from Mayors across the nation has been amazing," said Denver Mayor Wellington Webb. "Mayors realize that the Inner City 100 is a wonderful vehicle to highlight their successful companies and to demonstrate the great strides that cities have made over the past few years. I urge every mayor who has yet to nominate companies to find their inner city champions and nominate them soon."

Cities have been extremely innovative in their approach to the nomination process. Some cities like San Francisco have focused on companies with strong welfare-to-work programs while others, like Austin, TX and Los Angeles, CA have focused on their telecommunications, technology and internet start-ups and still others have been identifying their fastest-growing inner-city companies across many industries. To date applications have been received from the following cities:

Addison (TX), 1

Fresno (CA), 7)

New York (NY), 6

Albany (NY), 1

Flushing (NY), 1

Newark (NJ), 5

Albuquerque (NM), 4

Glendale (CA) 1

Oakland (CA), 3

Ann Arbor (ME), 1

Grand Rapids (MI), 5

Ocala (FL), 1

Atlanta (GA), 1

Hanover (MD), 1

Ogden (UT), 1

Austin (TX), 6

Hoboken (NJ), 1

Oklahoma City (OK), 26

Baltimore (MD), 19

Holly Hill (FL) 1

Omaha (NB), 4

Boston (MA), 8

Honolulu, 1

Orlando (FL), 2

Bridgeport (CT), 3

Houston (TX) 5

Philadelphia (PA), 9

Buffalo (NY), 15

Indianapolis (IN), 7

Phoenix (AZ), 4

Burlington (VT), 1

Jacksonville (FL), 3

Portland (OR), 4

Cambridge (MA), 1

Kansas City (MO), 10

Reading (PA), 5

Camden (NJ), 1

King of Prussia (PA), 1

Salem (MA), 1

Carbondale (IL), 1

Las Vegas (NV), 1

San Angelo (TX), 1

Charlotte (NC), 3

Lawrence (MA), 2

San Antonio (TX), 6

Chicago (IL), 6

Little Rock (AK), 1

San Diego (CA), 3

Cincinnati (OH), 6

Los Angeles (CA), 39

San Francisco (CA), 5

Cleveland (OH), 25

Louisville (KY), 7

Schnectady (NY), 1

Columbus (OH),1

Lynn (MA), 1

Seattle (WA), 1

Compton (NJ), 1

Miami (FL), 2

Sharonville (OH), 1

Coon Rapids (MN), 1

Milwaukee (WI), 6

Somerville (MA), 1

Dallas (TX), 1

Minneapolis (MN), 11

South Bend (IN), 1

Denver (CO), 6

Nashville (TN), 3

St Louis (MO), 16

Detroit (MI), 3

National City (CA), 1

St. Petersburg (FL), 2

Dracut (MA), 1

New Briton (CT), 1

Stamford (CT), 1

Durham (NC), 1

New Brunswick (NJ), 1

Wayne (NJ), 1

El Paso (TX), 6

New Orleans (LA), 3

Applicants will be ranked based on the percentage of increase in the companies’ gross revenues between 1994 and 1998 and must meet the following criteria:

  • For-profit corporation, partnership or proprietorship (division or subsidiary)

  • Headquartered in the inner city (economically distressed urban area) or have 51% or more of physical operations in inner-city areas
  • Employ 10 or more employees at year-end 1998
  • Have a five year operating sales history that includes:

    • sales revenue from 1994 through 1998
    • an increase in 1998 sales over 1997 sales
    • sales of at least $1 million in 1998

  • Cannot be a holding company, regulated bank or utility

The Inner City 100 will be published in the May 2000 issue of Inc. magazine. The winners will be honored at the Inner-City Entrepreneurship Dinner on April 5, 2000 in Boston. For information on applying, contact Inner City 100 by phone at (888) 346-4547, by fax at (617) 292-7506, or e-mail at InnerCity100@icic.org. Or visit the web site: http://www.icic.org.

ICIC's newest program is the Inner City 100, a partnership with Inc. magazine to identify 100 fast-growing private companies based in America's inner cities. This national ranking, published in the May issue of Inc. magazine, spotlights the new frontier of entrepreneurship located in America’s core urban areas. The Inner City 100 companies will be nationally recognized as leading companies contributing to the business growth and economic vigor of the inner city.

The U. S. Conference of Mayors is the official nonpartisan organization of cities with populations of 30,000 or more. There are about 1,100 such cities in the country today. Each city is represented in the Conference by its chief elected official, the mayor.

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