The Initiative for a Competitive Inner City (ICIC) announced that Little Rock’s Team SI made the 2019 Inner City 100 list, published in Fortune magazine, of the fastest-growing inner city businesses in America based on revenue growth.
The list was revealed at the 2019 ICIC National Conference in Boston on November 13. The full list is available on Fortune’s website.
Team SI, led by CEO and Founder, Tim Whitley, was ranked #18 based on its five-year growth rate of 322.35%.
“It is a great honor to be included on the IC100 list,” said Whitley. “It is gratifying and rewarding to be recognized alongside national leaders across diverse industries.”
ICIC is a national Boston-based nonprofit created by Harvard Business School Professor Michael Porter in 1994 on the premise that under-resourced communities have vast, untapped potential, purchasing power and labor markets, which can only be realized by small business owners who are growing and creating high-quality jobs. Over the past 25 years, ICIC has built a foundation for inclusive economic prosperity, proving Porter’s theory time and again.
“Inner City 100 companies are forces of economic opportunity, optimism and transformation in their communities, and Team SI is a shining example,” said ICIC CEO Steve Grossman. “Team SI leads the way in innovation, job creation and economic revitalization, and it’s an honor to recognize the company’s leadership. In addition to excellence in business, Team SI has demonstrated a deep commitment to and passion for their local community, which significantly impacts the well-being of their local economy."