ICIC Unveils Pivotal Report on Racial Equity in America’s

From GlobeNewswire: 2024-05-21 13:54:00

The Initiative for a Competitive Inner City (ICIC) released a report on the impact of recent legislation on Black- and Hispanic-owned manufacturers. The report found that only 0.5% of manufacturers are Black-owned and 0.8% are Hispanic-owned across 13 supply chains. Recommendations focus on increasing access to capital, training, education, and procurement opportunities for minority-owned businesses.

ICIC calls for industry leaders and policymakers to embrace the report’s recommendations for a more equitable manufacturing sector. The initiative aims to address racial disparities and unlock economic prosperity for all. For more information or to participate in discussions, visit the ICIC website. Join the movement for a more inclusive and sustainable industrial renewal.



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