2025 ICIC Impact Report
The Year of Innovation
In 2025, ICIC and entrepreneurs turned cutting-edge ideas into impact, breaking barriers and building stronger communities across the country.
Impact snapshot: ICIC 2025
Key Outcomes

3,232
Businesses equipped for innovation and growth

1,317
Communities strengthened
ICIC’s AI Research and Programming Shows

89%
AI use is widespread among small businesses. 89% of business owners indicated that someone at their business currently uses AI tools.

49%
On average, participants in our AI workshops bridged almost half the gap from their starting AI confidence level to the highest confidence level.

Innovation is how progress happens for small businesses—if you’re not moving forward, you’re falling behind. In 2025, we focused on turning innovation into action—pairing research with executive education, coaching, and practical tools to help entrepreneurs strengthen their businesses, create jobs, and drive economic opportunity in their communities.
Steve Grossman, CEO

Advancing What’s Next:
2025 Innovation Milestones
In 2025, ICIC advanced innovation across research, programs, partnerships, and practice to strengthen small businesses nationwide.
Learn more about Innovation at ICIC »

Manufacturing Accelerator Program launched to support small manufacturers at a pivotal growth stage

More than 15 years of partnership with Goldman Sachs 10,000 Small Businesses as the national outreach and selection partner

20 years of ICCC program impact, with 160+ cohorts and 7,700 businesses equipped to scale

AI training embedded across all ICIC-designed and delivered executive education programs
Spotlight on Innovators
Ideas that move the world. These trailblazing alumni transform creativity into action, driving growth and strengthening communities with solutions that redefine what’s possible.
Everyday Innovations
Fresh thinking turning daily challenges into new possibilities.
Sustainable Innovation
Earth-conscious strategies shaping a stronger, cleaner future.
Technological Innovation
Next-generation tools powering breakthroughs and advancing industries.
Board Chair’s Foreword

“ICIC has stayed grounded in its mission while leaning into innovation.”
Ronald A. Homer, Chair, ICIC Board of Directors
CEO’s Foreword

“We will keep meeting entrepreneurs where they are—and building with them, not for them.”
Steve Grossman, CEO, ICIC




















