Incubating Progress, One Small Business At A Time

The Atlantic 29 November 2016

The creation of opportunity isn’t driven by a single sweeping action. It’s more often built over time, the accumulation of a huge number of small but essential efforts and institutions. In America’s inner cities, for example, research from the Initiative for a Competitive Inner City (ICIC) has shown that small businesses (those with five to 249 employees) and micro-businesses (firms with one to four employees) are the primary drivers of job creation and employment rates. Small businesses accounted for almost 100 percent of all businesses in the five major cities surveyed.