Impact Report 2020

2019 Impact

Serving the 9-County Bay Area:

143

Small businesses served by ICA

The below data represents the 25 ICA Accelerator and Investment Portfolio companies.

Good jobs are good business:

547

Workers employed by ICA small businesses

$15.88MM

Total wages paid to Bay Area workers

$23.36

Average hourly wage at ICA small businesses

71%

Small businesses that offered health benefits

22%

Revenue growth, year over year, at ICA small businesses

89%

Companies that offer paid on-the-job training

Growing access to catalytic capital:

$17.33MM

Capital raised by ICA companies

$30MM+

Capital raised by ICA companies since investment

$76.3MM

Increase in value of ICA investment companies (from investment to now)

Closing the wealth gaps:

79%

Companies with management teams that are majority people of color

93%

Companies with management teams that are majority women

75%

Companies owned by entrepreneurs of color and/or women

Providing coaching and connections:

100%

Companies matched with pro bono advisors

12

Average length, in hours, of an ICA advisor engagement

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